CONTRACT AWARD CRITERION AND DECISION Sample Clauses

CONTRACT AWARD CRITERION AND DECISION. Criterion for selecting the best bid shall be the lowest percentage amount of the difference between the payment and payoff of assets of the participants in the games of chance with deducted charges towards the state (Republic of Macedonia), pursuant to law. The exact manner of calculation shall be described in detail in the Technical Documentation, which is attached to and an integral part of the Public Announcement. The decision on selection of the best bid, on proposal of the Commission that conducted the procedure, shall be made by the General Manager of NVLM. Against the decision, the dissatisfied participant in the public announcement may submit an objection to the Shareholders Assembly of the National Video Lottery of the Republic of Macedonia within 8 (eight) days from the date of receiving the notice of selection. The written objection shall be submitted through the Commission that carried out the procedure, to the Shareholders Assembly of the National Video Lottery of the Republic of Macedonia. The Decision of the Shareholders Assembly of the National Video Lottery of the Republic of Macedonia in the procedure for signing a business collaboration contract with the National Video Lottery of the Republic of Macedonia shall be final. Upon the final Decision for fulfilment of the conditions for business collaboration, the selected participant in the public announcement shall be obliged to sign a business collaboration contract, within 15 days from delivery of the Decision. The Business Collaboration Contract shall be notarized at the expense of the business associate.
Sample 1
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CONTRACT AWARD CRITERION AND DECISION. Criterion for selecting the best bid shall be the lowest percentage amount of the difference between the payment and payoff of assets of the participants in the games of chance with deducted charges towards the state (Republic of Macedonia), pursuant to law for all active VLT of NVLM. The decision on selection of the best bid, on proposal of the Commission that conducted the procedure, shall be made by the General Manager of NVLM. Against the decision, the dissatisfied participant in the public announcement may submit an objection to the Shareholders Assembly of the National Video Lottery of the Republic of Macedonia within 8 (eight) days from the date of receiving the notice of selection. The written objection shall be submitted through the Commission that carried out the procedure, to the Shareholders Assembly of the National Video Lottery of the Republic of Macedonia. The Decision of the Shareholders Assembly of the National Video Lottery of the Republic of Macedonia in the procedure for signing a business collaboration contract with the National Video Lottery of the Republic of Macedonia shall be final. Upon the final Decision for fulfilment of the conditions for business collaboration, the selected participant in the public announcement shall be obliged to sign a business collaboration contract, within 15 days from delivery of the Decision. The Business Collaboration Contract shall be notarized at the expense of the business associate.
Sample 1

Related to CONTRACT AWARD CRITERION AND DECISION

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