Common use of Review by the Bank of Procurement Decisions Clause in Contracts

Review by the Bank of Procurement Decisions. Except as the Bank shall otherwise determine by notice to the Borrower, the following contracts shall be subject to Prior Review by the Bank: (a) each contract for goods estimated to cost the equivalent of $5,000,000 or more procured on the basis of International Competitive Bidding; (b) each contract for works estimated to cost the equivalent of $2,500,000 or more procured on the basis of International Competitive Bidding; (c) each contract for consultants’ services provided by a firm estimated to cost the equivalent of $100,000 or more; and (d) each contract for individual consultants’ services estimated to cost the equivalent of $50,000 or more. All other contracts shall be subject to Post Review by the Bank.

Appears in 2 contracts

Samples: Loan Agreement, Loan Agreement

AutoNDA by SimpleDocs

Review by the Bank of Procurement Decisions. 1. Except as the Bank shall otherwise determine by notice to the Borrower, the following contracts shall be subject to Prior Review by the Bank: (a) all contracts for goods and civil works procured through International Competitive Bidding regardless of the contract value; (b) each contract for goods civil works estimated to cost the equivalent of $5,000,000 or more procured on the basis of International Competitive Biddingmore; (bc) each contract all contracts for works goods procured through National Competitive Bidding estimated to cost the equivalent of $2,500,000 500,000 or more procured on the basis of International Competitive Biddingmore; (cd) the first contract for each procurement method regardless of the contract value; and (e) each contract for consultants’ services provided by a firm estimated to cost the equivalent of $100,000 or more; and (d) each contract for individual consultants’ services estimated to cost the equivalent of $100,000 or more for firms and $50,000 or moremore for individual consultants. All other contracts shall be subject to Post Review by the Bank.

Appears in 1 contract

Samples: Loan Agreement

Review by the Bank of Procurement Decisions. Except as the Bank shall otherwise determine by notice to the Borrower, the following contracts shall be subject to Prior Review by the Bank: (a) each contract for goods estimated to cost the equivalent of $5,000,000 or more procured on the basis of International Competitive Bidding; (b) each contract for works estimated to cost the equivalent of $2,500,000 or more procured on the basis of International Competitive Bidding; (c) each contract for consultants’ services provided by a firm estimated to cost the equivalent of $100,000 Є100,000 or more; and (dc) each contract for individual consultants’ services consultants estimated to cost the equivalent of $50,000 Є20,000 or more. All other contracts shall be subject to Post Review by the Bank.. SCHEDULE 5

Appears in 1 contract

Samples: Loan Agreement

Review by the Bank of Procurement Decisions. Except as the Bank shall otherwise determine by notice to the Borrower, the following contracts shall be subject to Prior Review by the Bank: (a) each contract for goods estimated to cost the equivalent of $5,000,000 or more be procured on the basis of International Competitive Bidding; (b) each the first contract for works estimated goods to cost the equivalent of $2,500,000 or more be procured on the basis of International under National Competitive BiddingBidding procedures; (c) each contract for consultants’ services provided by a firm estimated to cost the equivalent of $100,000 300,000 or more; (d) all consultant’s contracts procured under single source selection; and (de) each contract for individual consultants’ services provided by an individual consultant estimated to cost the equivalent of $50,000 or more. All other contracts shall be subject to Post Review by the Bank.

Appears in 1 contract

Samples: Loan Agreement

Review by the Bank of Procurement Decisions. Except as the Bank shall otherwise determine by notice to the Borrower, the following contracts shall be subject to Prior Review by the Bank: (a) each contract for goods and services (other than consultants’ services) estimated to cost the equivalent of $5,000,000 500,000 or more procured on the basis of International Competitive Biddingmore; (b) each contract for works estimated to cost the equivalent of $2,500,000 or more procured on the basis of International Competitive Bidding; (c) each contract for consultants’ services provided by a firm estimated to cost the equivalent of $100,000 or more; and (c) the first two contracts to be procured under National Competitive Bidding; (d) the first two contracts to be procured under Shopping; (e) each contract for individual consultants’ services consultants estimated to cost the equivalent of $50,000 or more; and (f) each contract awarded through single source selection. All other contracts shall be subject to Post Review by the Bank.. SCHEDULE 5 Special Account

Appears in 1 contract

Samples: Loan Agreement

AutoNDA by SimpleDocs

Review by the Bank of Procurement Decisions. Except as the Bank shall otherwise determine by notice to the Borrower, the following contracts shall be subject to Prior Review by the Bank: (ai) each contract for goods or works estimated to cost the equivalent of $5,000,000 250,000 and $3,000,000 or more procured on the basis of International Competitive Bidding; (b) each contract for works estimated to cost the equivalent of $2,500,000 or more procured on the basis of International Competitive Bidding; (c) each contract for consultants’ services provided by a firm estimated to cost the equivalent of $100,000 or more; Bidding and (d) each contract for individual consultants’ services estimated to cost the equivalent of $50,000 or more. All other contracts shall be subject to Post Review by the Bank.all Direct Contracting;

Appears in 1 contract

Samples: Loan Agreement

Review by the Bank of Procurement Decisions. Except as the Bank shall otherwise determine by notice to the Borrower, the following contracts shall be subject to Prior Review by the Bank: (a) each contract for works estimated to cost the equivalent of $15,000,000 or more; (b) each contract for goods and non-consultant services estimated to cost the equivalent of $5,000,000 or more procured on the basis of International Competitive Biddingmore; (b) each contract for works estimated to cost the equivalent of $2,500,000 or more procured on the basis of International Competitive Bidding; and (c) each contract for consultants’ services provided by a firm estimated to cost the equivalent of $100,000 or more; and (d) each contract for individual consultants’ services estimated to cost the equivalent of $50,000 200,000 or more. All other contracts shall be subject to Post Review by the Bank.

Appears in 1 contract

Samples: Loan Agreement

Time is Money Join Law Insider Premium to draft better contracts faster.