CONCLUSION OF THE TENDER PROCEDURE Sample Clauses

CONCLUSION OF THE TENDER PROCEDURE. When the Contracting Authority has evaluated the Tenders, the Contracting Authority will ask the Tenderer, which the Contracting Authority intends to award the contract to, for doc- umentation confirming the information given in the ESPD submitted in relation to the pre- qualification phase. It will usually take between 2-4 weeks to obtain the documentation. It must be noted that the reference list listed in the ESPD Document constitutes the final documentation of the references, thus no additional documentation must be provided for this part of the information provided. When the Contracting Authority has obtained the necessary documentation, all affected Ten- derers will be informed of the Contracting Authority's award decision as soon as possible and at the same time. Notification of the award to the successful Tenderer(s) is not a promise that a Framework Agreement will be concluded with such Tenderer but only a notification that, in the opinion of the Contracting Authority, the Tenderer has submitted the most economically advanta- geous Tender based on the criterion of the best price-quality ratio. Before awarding the Framework Agreement, the Contracting Authority will review the doc- umentation submitted by the Tenderer who has submitted the Most Economically Advanta- xxxxx Xxxxxx, based on the request from the Contracting Authority. If the documentation is sufficient, notification of the Contracting Authority’s award decision will be given to all Ten- derers at the same time. The notification of the award will be accompanied by a brief expla- nation of the relevant reasons for the decision. The Contracting Authority does not consider the Tender process concluded until the Frame- work Agreement has been signed, and the Contracting Authority reserves the right to cancel the competition on objective grounds. The Contracting Authority's notification of the award decision does not exempt unsuccessful Tenderers from the obligations under the Tender, which remains in force during the period for which the Tender will remain open for acceptance, cf. section 4. Even if the Framework Agreement is awarded to other Tenderers, the Tenderer is bound by its Tender until the Contracting Authority has concluded the Framework Agreement, though no longer than the period for which the Tender will remain open for acceptance specified in section 4. After such notification of the Tenderers, a standstill period of 10 calendar days will apply pursuant to sections 2 and 3 of t...
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CONCLUSION OF THE TENDER PROCEDURE 

Related to CONCLUSION OF THE TENDER PROCEDURE

  • SUBMISSION OF TENDERS 3.01 The tenderer, should submit tenders after studying the entire tender document and instructions to the tenderer's carefully, visiting the sites, for satisfying himself of the local conditions, locations, accessibility of sites, nature, extent and character of operation, may obtain all clarifications before the tendering. Submission of tender implies that the tenderer has obtained all the clarifications required by him. No claim on ground of want of knowledge, thereafter, in such respect will be entertained. The tenderer should quote rates both in figures as well as in words in Rupees per MT Per Km for different movement slabs and in Rupees per MT., for wagon handling in the two separate formats of Schedule No. II. Tenderers have to tender the rates for transportation, only on slab rates irrespective of existence of truck union. Truck operators union / Transport Cooperatives which are registered with the registrar, Firms and Societies of the respective states to be supported with a notarized copy of the valid Registration certificate can also participate in the tenders directly but they shall have to tender the rates on slab rate basis. For tenderers other than registered truck operators unions / transport cooperatives, it shall be the responsibility of the tenderer to deal with the union if existing at any rake point. Tenderer shall have to arrange the movement as per the movement plan on rake to rake basis. Increase in transportation rates during the contract period or extended period of contract shall be considered only if there is increase in diesel rate by Government of India. The increase shall be allowed as per the formula given in the relevant clause of General terms and conditions of the tender document. The same formula shall be applicable for Truck operators unions / Transport Cooperatives also.

  • Submission of Tender The tender shall be submitted online in two part, viz., technical bid and financial bid. All the pages of bid being submitted must be signed and sequentially numbered by the bidder irrespective of nature of content of the documents before uploading.

  • Qualification of the Tenderer 39.1 The Procuring Entity shall determine to its satisfaction whether the Tenderer that is selected as having submitted the lowest evaluated cost and substantially responsive Tender is eligible and meets the qualifying criteria specified in Section III, Evaluation and Qualification Criteria.

  • Certification of the Settlement Class For purposes of this Settlement only, the Parties stipulate to the certification of the Settlement Class, which is contingent upon the Court entering the Final Approval Order and Judgment of this Settlement and the occurrence of the Effective Date.

  • Evaluation of Tenders 33.1 The Procuring Entity shall use the criteria and methodologies listed in this ITT and Section III, Evaluation and Qualification criteria. No other evaluation criteria or methodologies shall be permitted. By applying the criteria and methodologies, the Procuring Entity shall determine the Lowest Evaluated Tender. This is the Tender of the Tenderer that meets the qualification criteria and whose Tender has been determined to be:

  • Conclusion of the Agreement 1. All offers made by the Freight Forwarder are non-binding.

  • CONCLUSION OF NEGOTIATIONS A. The State and MSEA-SEIU agree that this Agreement concludes all collective negotiations during its term. Neither party will during the term of this Agreement seek to unilaterally modify its terms through legislation or other means which may be available to them.

  • Clarification of Tenders 26.1 To assist in the examination, evaluation, comparison of the Tenders, and qualification of the Tenderers, the Procuring Entity may, at its discretion, ask any Tenderer for a clarification of its Tender. Any clarification submitted by a Tenderer in respect to its Tender and that is not in response to a request by the Procuring Entity shall not be considered. The Procuring Entity's request for clarification and the response shall be in writing. No change, including any voluntary increase or decrease, in the prices or substance of the Tender shall be sought, offered, or permitted except to confirm the correction of arithmetic errors discovered by the Procuring Entity in the Evaluation of the Tenders, in accordance with ITT 30. If a Tenderer does not provide clarifications of its Tender by the date and time set in the Procuring Entity's request for clarification, its Tender may be rejected.

  • Conclusion of the contract 1. An Agreement is deemed to be concluded with the Contractor only after the Principal accepts an offer by the Contractor without reservations or if the Principal receives a written order confirmation from the Contractor or if the Contractor commences the provision of the service. If the Contractor issues a written order confirmation, such order confirmation is decisive in terms of content and scope of the Agreement unless expressly negotiated otherwise.

  • DEPOSIT OF FUNDS REQUIREMENTS Funds may be deposited to any account, in any manner approved by the Credit Union in accordance with the requirements set forth in the Truth-in-Savings Disclosure. Deposits made by mail, at night depositories, or at unstaffed facilities are not our responsibility until we receive them. We reserve the right to refuse or to return any deposit.

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