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Policies and ProceduresPrint this page
Rules and regulations have been established for guidance and compliance by all suppliers/contractors. Penalties established for violations of the said rules and regulations are not meant to be punitive but corrective.
TNB shall take the appropriate measures against all erring suppliers in order to keep the integrity of its purchasing system and to maintain a pool of competent suppliers/contractors.
Penalties for Rejection of Award
Suppliers/ contractors shall be subjected to penalties for any refusal to accept the Letter of Intent/ Letter of Acceptance/ Purchase Order within the validity period. However, penalty shall not be imposed if:
The penalties are as follows:
Penalties for Non-Performance
Action for non-performance shall be taken according to the agreed terms and conditions of the contract. Besides Liquidated and Ascertained Damages (LAD) or contract termination, non-performing contractors shall be subjected to further penalties as follows:
Non-performing contractors shall be subjected to further penalties as follows:
Penalties for each offense (which may range from reprimand to de-listing) are not absolute and may vary depending on the gravity and frequency of the offense and are subject to the discretion of the TNB.