SECTION 17

(1) The Board of Directors shall set up an internal entity for the administrative management of contracts, which shall be the main interface between the control bodies and the public corporation. It shall assist the Contracting Authority in the exercise of its duties, notably in the: a) preparation of drafts; b) drawing and following up of contract award plans; c) preparation of draft consultation files; d) acceptance of bids; e) finalisation of draft contracts and amendments; f) preparation of explanatory statements for drafts; g) centralisation and storing of all documents and data relating to the corporation’s contracts; h) drafting of all necessary documents and the forwarding thereof to the Secretariat of the Tenders Board; i) review and implementation of the remarks of the Tenders Board on the contract documents; j) drafting of quarterly, semi-annual, and annual reports on the general situation of contracts awarded by the public corporation. (2) The organisation and functioning of internal structures for administrative management of the contracts of public corporations shall be laid down by a resolution from the Board of Directors.