What is the definition of Movable asset?
Movable asset means an asset that can be transferred from one place to another, including asset that is supplied or installed together with the building.
What is the definition of Capital Assets?
- Movable asset which the original price during procurement is RM1,000 (Ringgit Malaysia One Thousand) and above for each item; or
- Movable asset that requires scheduled maintenance, regardless of the original procurement price. This scheduled maintenance refers to asset that requires maintenance as provided in the manual/user manual.
What is the definition of Inventory?
- Movable asset which the original price during procurement less than RM1,000 (Ringgit Malaysia One Thousand) each and does not require scheduled maintenance.
- Furniture, carpet, furnishing, curtains and dishes regardless of the original procurement price.
How companies can participate in the invitation of quotation by the Ministry of Transport?
For invitation of quotation, companies registered with the Ministry of Transport will be invited.
How companies can participate in the invitation of tender by the Ministry of Transport?
For invitation of tender, companies may refer to advertisement that being advertised in major newspaper. Other than that, any company registered with the e-Bidding, will receive tender advertisements on the e-Bidding website.
When is the latest to apply for “advance”?
Every application for advance need to be sent at least a week before the designated trip.
What is the amount for procurement through tender?
Procurement amount in excess of RM 500,000
What is the amount for procurement through quotation?
Procurement amount must exceed RM 50,000 and less than RM 500,000
How long does it take to process the payment for claims?
Payment for every complete claim will be made within 14 days.