MINING WORK AREA TENDERS

Nov 19, 2013

 

Regulation of the Minister of Energy and Mineral Resources Number 28 of 2013 was issued in mid-September. This regulation sets out the procedure for tendering mining work areas (Wilayah Izin Usaha Pertambangan – WIUP), including the establishment of a bid committee, the criteria for bidders, the requirements to be able to bid, the bidding procedures, the procedure for deciding the winner of the tender, as well as the procedure for submitting appeals for bidders that feel disadvantaged by the result of the tender.