Kontrak-i Financing Repayment Methods

Published on: 22/02/2016
Updated on: 25/03/2018

  • Contract bidders will pay directly to TEKUN upon receiving document from the financing beneficiary through the Deed of Assignment (DOA) agreement.
  • Financiers must obtain prior approval from the contract provider/ PO/ LO on approval of repayment to TEKUN Nasional before the application is made. If the contract bidders do not agree to pay directly to TEKUN Nasional, then TEKUN Nasional will not be able to finance the contract/ PO/ LO.