The Grantee shall ensure that contracts that are material to the Bus Service shall be put out for open tendering as far as practicable.
Where it is not practicable for open tendering, prior approval for not pursuing open tendering shall be sought from the Grantee’s board of directors.
The Grantee is also required to specify in any internal paper on procurement of services or goods or both whether or not the tenderers or suppliers and the Grantee are Related Parties.