Container Handling Fee Sample Clauses

Container Handling Fee. Bidders are requested to propose a Container Handling Fee per TEU: “the Bid Price”. The Bid Price shall contain two decimal digits. The Bid Price shall apply fully to the domestic Container handling; however, a 35% discount to the Bid Price shall apply to the transshipment Container Handling Services. The 35% discount is a fixed discount; Bidders shall only propose the Bid Price. The Container Handling Fee per TEU to be submitted by each Bidder, shall be driven by (a) the foreseen operations of the POB over the next fifteen (15) Years and (b) the foreseen operating expenditure budget of the Manager, so as to ensure an economically viable business case for the Manager. The Container Handling Fee proposed by the Bidder will be the criterion based on which the Preferred Bidder will be designated. The proposed Container Handling Fee shall contain two decimal digits and the Bidder offering the lowest Container Handling Fee will be considered as the Preferred Bidder and subsequently invited by GEPB for Contract finalization. In case two or more Bidders propose exactly the same Container Handling Fee, they will be requested to revise their respective offers and resubmit in sealed envelopes. The Container Handling Fee shall also be subject to an escalation of 5% every five (5) Years of Contract Period, more specifically in Year 6 and Year 11 of the Contract. Annex G, a soft copy of which is provided as part of the Tender Process, shall assist the Bidder in the submission of the Bid Price in the Financial Proposal since it projects revenues over the Contract Period based on a set of parameters comprising capacity, capacity utilization, breakdown of volumes amongst domestic and transshipment, and, the Bid Price. Bidders shall NOT submit Annex G. They shall submit only the Bid Price in the Financial Proposal. The soft copy of Annex G is only meant to assist the Bidder in submitting their Bid Price. A submission of the Bid Price, implicitly or explicitly, in the Technical Proposal shall lead to automatic disqualification. Payment of the Remuneration (both Fixed and Container Handling Fees) of the Manger by GEPB will be in US Dollars or the equivalent in Lebanese Pounds (LBP) at the official exchange rate of the Central Bank of Lebanon at the date of payment. However, shall all payments received from the shipping liners and shipping agents be settled in US Dollars, the GEPB shall then commit to pay at least 50% of both the Fixed and Container Handling Fees in US Dollar...

Related to Container Handling Fee

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