Audit noted that Material Management Division (Procurement Unit) implemented a practice to impose bid deposits to all vendors invited to participate in the ITB. Based on discussion with Materials Management Manager, it was informed that TTM (T) had experienced poor vendor participation for ITB in the past. Hence, the rational of imposing the non-refundable 1. Imposing the non-refundable bid deposit may lead to complaints from contractors/vendors which may tarnish TTM image and reputation.
2. Inconsistent practice of imposing bid deposit to selected contractors