Common use of Currencies Clause in Contracts

Currencies. All prices shall be quoted in the currency indicated in the Data Sheet (DS no. 15). However, where Bids are quoted in different currencies, for the purposes of comparison of all Bid: 17.1 UNDP will convert the currency quoted in the Bid into the UNDP preferred currency, in accordance with the prevailing UN operational rate of exchange on the last day of submission of Bid; and 17.2 In the event that the Bid found to be the most responsive to the ITB requirement is quoted in another currency different from the preferred currency as per Data Sheet (DS no. 15), then UNDP shall reserve the right to award the contract in the currency of UNDP’s preference, using the conversion method specified above.

Appears in 15 contracts

Samples: Long Term Agreement for Provision of Travel Management Services, Long Term Agreement for Travel Management Services, Long Term Agreement for Provision of Services

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Currencies. All prices shall be quoted in the currency indicated in the Data Sheet (DS no. 15). However, where Bids are quoted in different currencies, for the purposes of comparison of all Bid: 17.1 : UNDP will convert the currency quoted in the Bid into the UNDP preferred currency, in accordance with the prevailing UN operational rate of exchange on the last day of submission of Bid; and 17.2 and In the event that the Bid found to be the most responsive to the ITB requirement is quoted in another currency different from the preferred currency as per Data Sheet (DS no. 15), then UNDP shall reserve the right to award the contract in the currency of UNDP’s preference, using the conversion method specified above.

Appears in 9 contracts

Samples: Long Term Agreement for Supply, Long Term Agreement for Printing and Design Services, Long Term Agreement for Provision of Cleaning and Facility Management Services

Currencies. All prices shall be quoted in the currency indicated in the Data Sheet (DS no. 15). However, where Bids Proposals are quoted in different currencies, for the purposes of comparison of all BidProposals: 17.1 a) UNDP will convert the currency quoted in the Bid Proposal into the UNDP preferred currency, in accordance with the prevailing UN operational rate of exchange on the last day of submission of BidProposals; and 17.2 b) In the event that the Bid proposal found to be the most responsive to the ITB RFP requirement is quoted in another currency different from the preferred currency as per Data Sheet (DS no. 15), then UNDP shall reserve the right to award the contract in the currency of UNDP’s preference, using the conversion method specified above.

Appears in 1 contract

Samples: Long Term Agreement for Audit Services

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Currencies. All prices shall be quoted in the currency indicated in the Data Sheet (DS no. 15). However, where Bids are quoted in different currencies, for the purposes of comparison of all Bid: 17.1 UNDP will convert the currency quoted in the Bid into the UNDP preferred currency, in accordance with the prevailing UN operational rate of exchange on the last day of submission of Bid; and 17.2 In the event that the Bid found to be the most responsive to the ITB requirement is quoted in another currency different from the preferred currency as per Data Sheet (DS no. 15), then UNDP shall reserve the right to award the contract in the currency of UNDP’s preference, using the conversion method specified above.. `

Appears in 1 contract

Samples: Invitation to Bid

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