I The nature of the bidding plan

The bidding plan of an investment project is the accurate determination of the quantity and nature of
the procurement needs of the project, thereby offering the optimal implementation plan to achieve the
purpose of the project

II The role of the bidding plan

For investors

The bidding plan helps the investor know the number of bidding packages of the project, the time to
make bidding for each procurement need to ensure the progress of the project. Although the plan to
mobilize capital sources has been proposed in the feasibility study report of the project, the bidding plan
will help the investor plan to allocate capital for the bidding packages in a more specific and appropriate
way. Procurement plan is one of the tools to manage bidding activities in particular and project
management in general (cost management, schedule management), which is the legal basis for decisions
related to bidding in the future. The bidding plan also helps the investor prepare a personnel plan to
implement the best way to bid

For state management agencies and donors

The bidding plan of an investment project using state-managed capital plays a very important role, which
is the basis for these agencies to consider and decide to allow the project to be bidding, as well as the
basis for approving bidding results in necessary cases.

The bidding plan is also one of the state management tools for bidding activities in particular and
investment activities in general. Through the bidding plan, state management agencies can assess the
investor's understanding of the project, and the bidding regulations. An unreasonable bidding plan, if
detected and adjusted in time, will limit many risks occurring during the implementation process. These
risks can have a direct impact on increasing costs or prolonging project implementation. Capital sponsors
for the project, especially ODA capital, also pay much attention to the bidding plan of the project, in
many cases the plan must also be approved by the donor before the bidding can be carried out

For contractors

Among all stakeholders, the contractor is the one who pays the most attention to the bidding plan of the
investment project. The public announcement of the bidding plan of the project will help contractors
reduce the time and cost of finding information about customers in the market.

The bidding plan also helps contractors assess the scale and complexity of procurement needs in each
project in each area, in the short and long term, in each field, including the contractor's business. From
there, the contractor self-assesses his/her capacity (financial capacity, technical capacity) to plan to
participate in bidding 1 selective and effective way. Winning the bid and signing the co-implementation
of the package will create conditions for the contractor to have jobs and develop - this is a vital issue for
contractors

For the community

The community here includes direct beneficiaries of investment project results as well as social
organizations. As a supervisor, the bidding plan of the project is considered one of the effective tools to
monitor bidding activities. The bidding plan is the first information about bidding of 1 investment project
that is publicly announced. The community does not play a decisive role in the implementation of the
bidding plan, but can contribute comments to the completion of the plan, has the right to request
explanations of unreliable information in the bidding plan