Procurement and Construction Supervision Disclosure Standards, April 2011

Trung Son Hydropower Company (TSHPCo)

Procurement and Construction Supervision Disclosure Standards

INTRODUCTION

In proposing these standards for THSPCo’s consideration, consideration has been given to the disclosure requirements, prohibitions and/or recommendations of the following documents:

·         Bidding Law, 2005

·         Anti-Corruption Law, 2005

·         MPI Disclosure Standards as recommended in the Aligned Monitoring Tool (the implementation status of which is not known)

·         The preliminary results of the 2010 Vietnam pilot for the Construction Sector Transparency Initiative (CoST)

·         World Bank Guidelines on Procurement under IBRD Loans and IDA Credits, 2004

·         World Bank Guidelines on Selection and Employment of Consultants by World Bank Borrowers, 2004

SUGGESTED THSPCo DISCLOSURE

Two levels:

–          Individual Bid Package transaction histories

–          Quarterly Summary reporting (with Annual Consolidation) derived from the individual transaction histories

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