Bid Challenge System Clause Samples

Bid Challenge System. MCA-Vanuatu shall establish, subject to MCC approval, a bid challenge system that provides suppliers and contractors the ability to seek review of procurement actions and decisions. The system must provide that the review body: (a) Must be impartial and independent and have no interest (through financial, family, business or beneficial ownership or otherwise) in the outcome of the procurement or involved in or related to the procurement process. (b) Must follow clear, written, and transparent procedures and issue a timely, written decision on any bid challenge that is timely and properly filed. (c) Must have the authority to order a correction of a violation of the procurement principles and procedures or , if no other remedy is available, to order compensation for any loss or damage suffered by a successful challenger, at least to the extent of the cost of preparation of the bid and the challenge. (d) Must have the power to order suspension of a procurement that is under challenge in order to preserve the commercial opportunity pending the outcome of the review. (e) In addition to MCC approval of the bid challenge system, MCC reserves the right to review and comment on the organization and operation of the bid challenge system.