Common use of Bid Submission, Opening and Evaluation Clause in Contracts

Bid Submission, Opening and Evaluation. (1) Bids shall be submitted in a single envelope containing the bidder’s qualification information, technical and price bids, which shall be opened simultaneously at the public bid opening. (2) Bids shall be opened in public, immediately after the deadline for submission of bids. The name of the bidder, the total amount of each bid and any discounts offered shall be read aloud and recorded in the minutes of the public bid opening. (3) The evaluation of bids shall be done in strict adherence to the monetarily quantifiable criteria specified in the bidding documents and a merit point system shall not be used. (4) Extension of bid validity shall be allowed once only for not more than thirty (30) days. No further extensions should be granted without the prior approval of the Bank. (5) Contracts shall be awarded to qualified bidders having submitted the lowest evaluated substantially responsive bid. (6) No preference shall apply under National Competitive Bidding.

Appears in 4 contracts

Samples: Loan Agreement, Loan Agreement, Loan Agreement

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Bid Submission, Opening and Evaluation. (1) Bids shall be submitted in a single envelope containing the bidder’s qualification information, technical and price bids, which shall be opened simultaneously at the public bid opening. (2) Bids shall be opened in public, immediately after the deadline for submission of bids. The name of the bidder, the total amount of each bid and any discounts offered shall be read aloud and recorded in the minutes of the public bid opening. (3) The evaluation of bids shall be done in strict adherence to the monetarily quantifiable criteria specified in the bidding documents and a merit point system shall not be used. (4) Extension of bid validity shall be allowed once only for not more than thirty (30) days. No further extensions should be granted without the prior approval of the Bank. (5) Contracts shall be awarded to qualified bidders having submitted the lowest evaluated substantially responsive bid. (6) No preference shall apply under National Competitive Bidding.

Appears in 2 contracts

Samples: Loan Agreement, Loan Agreement

Bid Submission, Opening and Evaluation. (1a) Bids shall be submitted in a single envelope containing the bidder’s qualification information, technical and price bids, which shall be opened simultaneously at the public bid opening. (2b) Bids shall be opened in public, immediately after the deadline for submission of bids. The name of the bidder, the total amount of each bid and any discounts offered shall be read aloud and recorded in the minutes of the public bid opening. (3c) The evaluation of bids shall be done in strict adherence to the monetarily quantifiable criteria specified in the bidding documents and a merit point system shall not be used. (4d) Extension of bid validity shall be allowed once only for not more than thirty (30) days. No further extensions should be granted without the prior approval of the Bank. (5e) Contracts shall be awarded to qualified bidders having submitted the lowest evaluated substantially responsive bid. (6f) No preference shall apply under National Competitive Bidding.

Appears in 1 contract

Samples: Loan Agreement

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Bid Submission, Opening and Evaluation. (1) Bids shall be submitted in a single envelope containing the bidder’s qualification information, technical and price bids, which shall be opened simultaneously at the public bid opening. (2) Bids shall be opened in public, immediately after fter the deadline for submission of bids. The name of the bidder, the total amount of each bid and any discounts offered shall be read aloud and recorded in the minutes of the public bid opening. (3) The evaluation of bids shall be done in strict adherence to the monetarily quantifiable criteria specified in the bidding documents and a merit point system shall not be used. (4) Extension of bid validity shall be allowed once only for not more than thirty (30) days. No further extensions should be granted without the prior approval of the Bank. (5) Contracts shall be awarded to qualified bidders having submitted the lowest evaluated substantially responsive bid. (6) No preference shall apply under National Competitive Bidding.

Appears in 1 contract

Samples: Loan Agreement

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