Inside Asian Gaming

IAG JUL 2022年7月 亞博匯 54 rules of the tender, and then receive written replies. The replies will almost certainly be made public. This clarification period could take around 30 days. So that takes us to say mid-August. Next, there will be a period for tenderers to prepare their tender documents and proposals, ending with a submission deadline. Typically for Macau tender submissions, “documents” refers to administrative paperwork proving certain things, such as ownership, financial capacity and so on, whereas “proposals” refers to information outlining what and how the tenderer intends to execute should they win the tender, such as investment commitments, operational and employment plans, strategic goals and so forth. Tenderers will no doubt have to lodge a monetary bond with their submissions, which will likely be refundable should they not win a concession. These submissions will be weighty tomes, each prepared by a team of people – I’m imagining hundreds or even more than 1,000 pages – so this period needs to be some time, perhaps Macau’s Secretary for Economy and Finance, Lei Wai Nong. 澳門特區經濟財政司司長李偉農 IN FOCUS 60 or 90 days. I have no doubt all six concessionaires are already well advanced in preparing their submissions, which will include all manner of things and will be based upon the tender opening letter and will include anything else the tenderers might consider favorable to their bid. Let’s assume the deadline here would be around the end of October. A few days after this deadline the tender documents will be opened – no doubt in front of all tenderers, in a special session overseen by the Tender Commission. They will