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On May 29, 2019, the general office of the State Council forwarded the notice of the national development and Reform Commission on deepening the guidance on the integration and sharing of public resource trading platforms, which clearly mentioned:

Cancel the pre-approval or audit links of bidding application, review of bidding documents, check of original documents and other matters without legal and regulatory basis, as well as the ability to adopt notification and commitment system and in-process and post regulatory solutions.

In fact, as early as 2013, in order to standardize E-Tendering and bidding activities and promote the healthy development of E-Tendering and bidding, the national development and Reform Commission, the Ministry of industry and information technology, the Ministry of supervision, the Ministry of housing and urban rural development, the Ministry of transport, the Ministry of Railways, the Ministry of water resources and the Ministry of Commerce jointly formulated the E-Tendering and bidding measures and relevant annexes. The annex clearly states:

In addition to the registration stipulated in these measures and technical specifications, no unit or individual may set preconditions such as registration, bid registration and so on in the bidding activities to restrict potential bidders from downloading the prequalification documents or bidding documents.

>>"Bidding application" has been cancelled in succession

On the basis of the standard format model, the electronic bidding documents (prequalification documents) and bidding documents can be realized. The enterprises meeting the bidding conditions can download online free of charge, and the relevant electronic documents can be encrypted and circulated.
        Take the bid bond, performance bond and quality bond.
        On April 9, 2019, the Department of housing and urban rural development, the national development and Reform Commission and the Bureau of government affairs of Guangxi jointly issued the notice on continuing to promote the electronic bidding and tendering of housing construction and municipal infrastructure projects (Draft for comments). The draft made it clear: before August 30, 2019, the bidding and name reporting link will be cancelled, the electronic bidding documents will be fully used, and the bidding documents will be downloaded online.
        Jiangxi Provincial Department of housing and urban rural development put forward eight requirements in strengthening the supervision of the bidding process: fully implementing the electronic and information-based bidding process; strictly reviewing the bidding information announcement and the publicity of bid winning results; canceling the bidding registration process and promoting the online anonymous purchase of bids and drawings.
        Henan Provincial Department of Finance issued the notice on issues related to the optimization of the environment for government procurement and business operation, which clearly stated that: from August 1, 2019, in the bidding activities of government procurement of goods and services in the whole province, no bid security will be collected from suppliers. If goods, projects and services are not purchased by means of bidding, no bid security will be charged to the supplier. The purchaser and the procurement agency may require the supplier to replace the bid security in the form of a bid commitment letter. If it is required to provide a letter of commitment for bidding, it is necessary to make clear the commitments of suppliers and the compulsory measures for breach of commitments when preparing the bidding and procurement documents.
        Shandong Provincial Department of Finance issued the notice on cancellation of bid bond for government procurement and other related matters, which clearly stated that: from July 1, 2019, the provincial government procurement activities shall not collect bid bond from suppliers with good credit records. For the suppliers who meet the relevant provisions of Article 22 of the government procurement law of the people's Republic of China, but have general dishonesty, the purchaser and the procurement agency may collect the bid security as required.

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For a long time, in the bidding and purchasing activities, the security system has been criticized. Illegal behaviors such as security deposit being occupied and misappropriated have occurred repeatedly. Because of the bidding, a large number of funds have been occupied, and the cycle is very long, and the burden is too heavy, which is not conducive to the development of enterprises, especially small and medium-sized enterprises.
        At present, in the field of engineering construction, except the bid bond, performance bond, project quality bond and migrant workers' wage bond, all other bonds have been cancelled. However, the four types of margin retained will still occupy the working capital of the enterprise and take a long time.
        In the first two years, a drastic reform was carried out on the margin. First, the upper limit of the reserved proportion of project quality margin was reduced from 5% to 3%, which effectively reduced the capital occupation of construction enterprises, supplemented working capital, reduced bank loans, and reduced enterprise operating costs. On the other hand, vigorously promote the implementation of bank guarantee, guarantee company guarantee and insurance guarantee three forms of performance guarantee system. Further reduce the burden of construction enterprises, and increase investment in the renewal of mechanical equipment, technical research and development, personnel training and other aspects after the enterprise has sufficient funds, which is conducive to improving the level of project quality.
        I believe that under the general trend of "cancellation of bid security", provinces and cities will continue to issue corresponding policy notices, and the advantages and disadvantages of which let time speak.
        I always believe that the strength, specialty, quality and integrity of the enterprise are the core factors, which will determine whether the enterprise can go higher and further. Under the favorable national policy environment, even if the golden ring Festival of bid guarantee is cancelled, we believe that the famous reputation of Tongxin sports can make the project party and the owner feel relieved. In addition, Tongxin sports does not forget its original intention, and carries out the concept of environmental protection, health, professional and durable, so that many sports fans can use it safely!
        Choose Tongxin, the runway is at ease!

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Article source: government official website and other network platforms