The National Tender Board (NTB) operates on a set of rules and regulations. These are strict regulatory measures put in place by the National Tender Board to guide the bidding, the award and execution of projects financed in whole or in part by the state.
The laws and regulations must be adhered to by any person or company participating in any project under the control of National Tender Board.
The laws and regulations will guide the consideration, acceptance or rejection of offers.
The tender documents are an integral part of the laws and regulations.
Every bid must respect the norms mentioned on tender invitations/tender documents.
The National Tender Board after careful deliberation reserves the right to ban or suspend entities from bidding.