(1) A public entity may procure goods or other services by making any contract out of the contracts referred to in Schedule-3.
(2) In entering into the contract referred to in sub-rule (1), it shall be entered into based on the technical specifications and period set forth in the bidding documents.
(3) The procurement contract shall be governed by the provisions of this Regulation to the extent provided for in this Regulation and by the prevailing law on the sale of goods contract with regard to the matters not provided for in this Regulation.
(4) The procurement contract of goods or the conditions of delivery of goods under this Rule shall be prepared in accordance with the international commercial terms (Incoterms).
(5) In making payment under the contract referred to in this Rule, it shall be made generally upon the submission of documents showing the supply of goods made by the supplier through the letter of credit or the medium set forth in the bidding documents.