Saudi Procurement System and Regulations: Overview of Local and International Administrative Contracts
Awad Ali Alanzi
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Awad Ali Alanzi: Department of Law, College of Business Administration, Prince Sattam Bin Abdulaziz University, 173, Alkharj 11942, Saudi Arabia
Laws, 2021, vol. 10, issue 2, 1-15
Abstract:
This research investigated the Saudi procurement system and regulations in the context of local and international administrative contracts. Mainly, Saudi Government Tenders and Procurement Law was investigated in more detail to understand basic rules and regulations of the bidding, selection process, and penalties in case of delay in the administrative contract process. Moreover, a matter of direct purchase was also investigated to understand the circumstances and conditions of a direct purchase. In addition, the international administrative contract was discussed to comprehend the nature and regulations of such contracts. A matter of arbitration was also investigated to know the arbitrator’s role and powers in case of a dispute in contracting and performing international administrative contracts outside the country. The arguments against arbitration were also deliberated to recognize the limitations of arbitration in the presence of local and foreign legislations. Overall, Saudi Government Tenders and Procurement Law is well-versed and organized in displaying all-important jurisdictions and matters regarding administrative contracts and the procurement system.
Keywords: procurement system; administrative contracts; international administrative contract; Saudi Government Tenders and Procurement Law (search for similar items in EconPapers)
JEL-codes: D78 E61 E62 F13 F42 F68 K0 K1 K2 K3 K4 (search for similar items in EconPapers)
Date: 2021
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Persistent link: https://EconPapers.repec.org/RePEc:gam:jlawss:v:10:y:2021:i:2:p:37-:d:554172
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