Appointment Process. The Independent Verifier shall be appointed through an open, transparent and competitive bidding process to be conducted by the Parties as follows: (a) Within thirty (30) Days from the Effective Date, the Agency shall prepare the terms of reference and request for proposals for the selection of the Independent Verifier, and shall submit those documents to the Company for comment and approval, which approval shall not be unreasonably withheld. (b) The Agency shall publish an open invitation for qualified persons to apply for eligibility and to submit bids. (c) The Agency shall receive all proposals submitted by candidates for appointment as Independent Verifier and a group comprised of an equal number of representatives from the Agency and the Company shall evaluate the proposals. (d) The candidate submitting the most responsive proposal shall be selected as the Independent Verifier for the Project. The Parties shall execute an appointment letter in substantially the form provided in Schedule 12 (Independent Verifier Appointment Letter). (e) Any dispute between the Parties arising from the selection of the Independent Verifier shall be resolved following the procedures for the settlement of disputes stipulated in Section 19 (Dispute Resolution).
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Samples: Partnership Agreement, Sample Contract
Appointment Process. The Independent Verifier shall be appointed through an open, transparent and competitive bidding process to be conducted by the Parties as follows:
(a) Within thirty (30) Days from the Effective Date, the Agency shall prepare the terms of reference and request for proposals for the selection of the Independent Verifier, and shall submit those documents to the Company for comment and approval, which approval shall not be unreasonably withheld.
(b) The Agency shall publish an open invitation for qualified persons to apply for eligibility and to submit bids.
(c) The Agency shall receive all proposals submitted by candidates for appointment as Independent Verifier and a group comprised of an equal number of representatives from the Agency and the Company shall evaluate the proposals.
(d) The candidate submitting the most responsive proposal shall be selected as the Independent Verifier for the Project. The Parties shall execute an appointment letter in substantially the form provided in Schedule 12 (Independent Verifier Appointment Letter).
(e) Any dispute between the Parties arising from the selection of the Independent Verifier shall be resolved following the procedures for the settlement of disputes stipulated in Section 19 (Dispute Resolution).
Appears in 1 contract
Samples: Sample Contract
Appointment Process. The Independent Verifier shall be appointed through an open, transparent and competitive bidding process to be conducted by the Parties as follows:
(a) Within thirty (30) Days from the Effective Date, the Agency shall prepare the terms of reference and request for proposals for the selection of the Independent Verifier, and shall submit those documents to the Company for comment and approval, which approval shall not be unreasonably withheld.
(b) The Agency shall publish an open invitation for qualified persons to apply for eligibility and to submit bids.
(c) The Agency shall receive all proposals submitted by candidates for appointment as Independent Verifier and a group comprised of comprising an equal number of representatives from the Agency and the Company shall evaluate the such proposals.
(d) The candidate submitting the most responsive proposal shall be selected as the Independent Verifier for the Project. The Parties shall execute an appointment letter in substantially the form provided in Schedule 12 (Independent Verifier Appointment Letter).
(e) Any dispute between the Parties arising from the selection of the Independent Verifier shall be resolved following the procedures for the settlement of disputes Disputes stipulated in Section 19 (Dispute Resolution)20.
Appears in 1 contract
Samples: Sample Contract