Common use of ITT Reference PARTICULARS OF APPENDIX TO INSTRUCTIONS TO TENDERS Clause in Contracts

ITT Reference PARTICULARS OF APPENDIX TO INSTRUCTIONS TO TENDERS. The currency that shall be used for Tender evaluation and comparison purposes only to convert at the selling exchange rate all Tender prices expressed in various currencies into a single currency is: Kenya Shillings The source of exchange rate shall be: The Central bank of Kenya (mean rate) The date for the exchange rate shall be: the deadline date for Submission of the Tenders. The evaluation and award of contracts will be based on Packages For comparison of Tenders, the Tender Price, corrected pursuant to ITT 31, shall first be broken down into the respective amounts payable in various currencies by using the selling exchange rates specified by the Tenderer in accordance with ITT 15.

Appears in 2 contracts

Samples: Framework Agreement for Provision of Fuels and Lubricants, Framework Agreement for Drainage Works

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ITT Reference PARTICULARS OF APPENDIX TO INSTRUCTIONS TO TENDERS. The currency that shall be used for Tender evaluation and comparison purposes only to convert at the selling exchange rate all Tender prices expressed in various currencies into a single currency is: Kenya Shillings The source of exchange rate shall be: The Central bank of Kenya (mean rate) The date for the exchange rate shall be: the deadline date for Submission of the Tenders. The evaluation and award of contracts will be based on Packages For comparison of Tenders, the Tender Price, corrected pursuant to ITT 31, shall first be broken down into the respective amounts payable in various currencies by using the selling exchange rates specified by the Tenderer in accordance with ITT 15.

Appears in 2 contracts

Samples: Framework Agreement, Framework Agreement

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