On 28 October 2011, the Executive Board passed a resolution to establish the Tender Committee (the “Committee”).
The main task set before the Committee is to secure the best terms for procuring goods, services, and works needed to support NSD's operations, while minimizing the risk of NSD's contractors failing to deliver.
The Committee is responsible for the following functions:
- reviewing proposals to enter into any agreements or contracts; and
- communicating Committee's decisions to the Chairperson of NSD's Executive Board or to a person authorized to sign agreements/contracts for them to make the final decision whether or not to enter into the relevant agreement/contract.