The Wuhan Economic & Technological Development Zone (Hannan) issued guidelines for the bidding and tendering of privately-funded industrial projects under its jurisdiction on Aug 18, 2016.
According to the guidelines, privately-funded industrial projects must adopt an accountability system under which project owners are responsible for deciding whether to invite tenders and enter the goods market to carry out project-related transactions.
The owners and the key equipment suppliers involved in the project have the major responsibilities for selecting contractors for project surveying, design, supervision and construction. Governmental departments of urban and rural construction, fire control, safety supervision, environmental protection and human resources are required to strengthen the supervision during and after the construction.
Those who decide to invite tenders and are qualified to compile bidding documents and organize bid evaluations can invite tenders by themselves, or they may entrust professional agencies to invite bids according to the Tendering and Bidding Law of the People's Republic of China.
Investment projects must be registered at the local development and reform commission, and the urban and rural construction department must approve and examine the procedures.
The guidelines also list a group of documents and certificates required for registration and approval.
The privately-funded industrial projects in the document include those run by limited liability companies invested by natural persons, listed or unlisted companies and unincorporated enterprises and organizations with legal person qualifications; wholly overseas-owned enterprises (including Hong Kong-, Macao- and Taiwan-owned enterprises) invested by overseas natural persons or legal persons; and Sino-foreign joint ventures owned by the Chinese shareholder who is a private enterprise or natural person.
