National Competitive Bidding Sample Clauses

National Competitive Bidding. Goods estimated to cost less than $250,000 equivalent per contract and works estimated to cost less than $500,000 equivalent per contract, may be procured under contracts awarded on the basis of National Competitive Bidding.
AutoNDA by SimpleDocs
National Competitive Bidding. The Borrower and ADB shall ensure that, prior to the commencement of any procurement activity under national competitive bidding, the Borrower’s national competitive bidding procedures are consistent with the Procurement Guidelines. Any modifications or clarifications to such procedures agreed between the Borrower and ADB shall be set out in the Procurement Plan. Any subsequent change to the agreed modifications and clarifications shall become effective only after approval of such change by the Borrower and ADB.
National Competitive Bidding. Works estimated to cost less than $3,000,000 equivalent per contract, and goods estimated to cost less than $200,000 equivalent, per contract, may be procured under contracts awarded on the basis of National Competitive Bidding and in accordance with the provisions of Annex B to this Schedule 4.
National Competitive Bidding. (a) Works estimated to cost less than US$2,000,000 equivalent per contract up to an aggregate amount of US$14,000,000 equivalent, may be procured under contracts awarded in accordance with the provisions of paragraphs 3.3 and 3.4 of the Guidelines and paragraph (c) below. (b) Goods estimated to cost less than US$400,000 equivalent per contract up to an aggregate amount not to exceed US$800,000 may be procured under contracts awarded in accordance with the provisions of paragraphs 3.3. and 3.4 of the Guidelines and paragraph (c) below. (c) Contracts of goods and works procured under the National Competitive Bidding procedure shall comply with the following: (i) any prospective bidder from a country eligible under the Guidelines who proposes to provide goods produced in, or services supplied from, any such country shall be eligible to bid for such contracts; (ii) tenders shall be advertised with no less that thirty (30) days for bid preparation; (iii) government-owned enterprises shall be eligible provided they are legally and financially autonomous, operate under commercial law, and are not selected or hired by the supervising or reporting authority, and shall be subject to the same bid and performance security requirements as other bidders; (iv) bidders shall be allowed to deliver their bid by hand or by mail; (v) bids shall be opened in public; that is, bidders or their representatives shall be allowed to be present at the place where bids are to be opened. The time for the bid opening shall be the same as for the deadline for receipt of bids or promptly thereafter; and shall be announced, together with the place for bid opening, in the invitation to bid; (vi) prospective bidders shall be allowed to submit two envelopes provided the two envelopes are opened at the same time; (vii) bids shall be evaluated based on price and on other criteria disclosed in the bid documents and quantified in monetary terms, and no provision for preferential treatment for national companies shall be applied; and (viii) the contract shall be awarded to the bidder having submitted the lowest evaluated responsive bid, and no negotiation shall take place.
National Competitive Bidding. Goods estimated to cost less than $250,000 equivalent per contract may be procured under contracts awarded in accordance with the provisions of paragraphs 3.3 and 3.4 of the Guidelines.
National Competitive Bidding. Goods estimated to cost less than $250,000 equivalent per contract and works estimated to cost less than $5,000,000 equivalent per contract, may be procured under contracts awarded on the basis of National Competitive Bidding and the following additional provisions: (a) Before issuing any invitation to bid, the Borrower shall use, or cause to be used, standard bidding documents, as approved for bidding under the Project and incorporated in the OM. Any change or departure from the standard bidding document approved by the Bank shall require its prior approval. (b) All bidders, irrespective of whether they are foreigners or citizens of the Guarantor’s territory, will be treated equally and, particularly, no preference will be granted to any bidder or group of bidders for bid evaluation purposes. Bidders shall be allowed to submit their bids by hand or through the post office or private mailing services. There shall not be any requirement for any bidder to show evidence of the bidder's registration in any public registry, chamber of commerce or similar entity, whether in the Guarantor’s territory or elsewhere, or to appoint a representative domiciled in Guarantor’s territory, unless and until such bidder is awarded the corresponding contract. (c) Bids shall be opened in a public meeting to which bidders and their representatives shall be allowed to attend if they so wish. Date, time and place for the opening meeting shall be set forth in the bidding documents. Bid opening shall coincide with, or take place promptly after, the final date and time of the period for bid submission stipulated in the bidding documents. (d) Each bid shall be evaluated and the corresponding contract awarded to the responsive bidder who meets appropriate technical and financial standards of capability and whose bid has been determined to be the lowest evaluated bid. Such determination shall be made exclusively on the basis of the specifications, conditions and evaluation criteria stipulated in the bidding documents. If any factor additional to the amount or amounts of each bid is to be considered in bid evaluation, such factor or factors and the quantified manner on which they will be applied for purposes of determining the lowest evaluated bid shall be precisely stipulated in the bidding documents. For purposes of bid evaluation and comparison, the only bid amount or amounts to be used as a factor shall be the bid amount or amounts as quoted in the corresponding bid, including corre...
National Competitive Bidding. (a) The following may be procured under contracts awarded in accordance with the provisions of paragraphs 3.3 and 3.4 of the Guidelines: (i) Goods, including computers and printers, and processing equipment for rural processing plants and enterprises, estimated to cost less than $250,000 equivalent per contract, up to an aggregate amount not to exceed $3,300,000 equivalent. (ii) In respect of the GEF-assisted Project Counties, grassland conservation equipment under Part A.2 of the Project, estimated to cost less than $250,000 equivalent per contract, up to an aggregate amount not to exceed $500,000 equivalent. (iii) Works for the construction of enterprise workshops, estimated to cost less than $10,000,000 equivalent per contract, up to an aggregate amount not to exceed $1,050,000 equivalent. (b) The procedures to be followed for National Competitive Bidding under Part C.1 of this Section shall be those set forth in the Law on Tendering and Bidding of the People’s Republic of China promulgated by Order No. 21 of the President of the People’s Republic of China on August 30, 1999, with the following clarifications required for compliance with the Guidelines: (i) All invitations to prequalify or to bid shall be advertised in a newspaper of national circulation in China and such advertisement shall be made in sufficient time for prospective bidders to obtain prequalification or bidding documents and prepare and submit their responses. In any event, a minimum of thirty (30) days shall be given to bidders between the date of advertisement in such newspaper and the deadline for submission of bids, and the advertisement and bidding documents shall specify the deadline for such submission. (ii) Qualification requirements of bidders and the method of evaluating the qualification of each bidder shall be specified in detail in the bidding documents. (iii) All bidders shall be required to provide security in an amount sufficient to protect the Borrower, in case of breach of contract by the contractor, and the bidding documents shall specify the required form and amount of such security. (iv) The time for opening of all bids shall be the same as the deadline for receipt of such bids. (v) All bids shall be opened in public; all bidders shall be afforded an opportunity to be present (either in person or through their representatives) at the time of bid opening, but bidders shall not be required to be present at the bid opening. (vi) No bid may be rejected solely on the ba...
AutoNDA by SimpleDocs
National Competitive Bidding. Except as otherwise provided in paragraph 2 below, goods and works shall be procured under contracts awarded on the basis of National Competitive Bidding, subject to the additional procedures specified in Part F of this Section.
National Competitive Bidding. Goods estimated to cost less than $100,000 equivalent per contract, up to an aggregate amount not to exceed $200,000 equivalent, may be procured under contracts awarded in accordance with the provisions of paragraphs 3.3 and 3.4 of the Guidelines.
National Competitive Bidding. The Beneficiary and ADB shall ensure that, prior to the commencement of any procurement activity under national competitive bidding, the Beneficiary’s national competitive bidding procedures are consistent with the Procurement Guidelines. Any modifications or clarifications to such procedures agreed between the Beneficiary and ADB shall be set out in the Procurement Plan. Any subsequent change to the agreed modifications and clarifications shall become effective only after approval of such change by the Beneficiary and ADB.
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!