Common use of National Competitive Bidding Clause in Contracts

National Competitive Bidding. Goods estimated to cost less than $300,000 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, subject to 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 by the Bank for bidding under the Project and incorporated in the Operational Manual (the “Standard Bidding Documents”). 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 Borrower’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 Borrower’s territory or elsewhere, or to appoint a representative domiciled in Borrower’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 correction of arithmetic errors.

National Competitive Bidding. Goods estimated to cost less than $300,000 250,000 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, subject to 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 by the Bank for bidding under the Project and incorporated in the Operational Manual (the “Standard Bidding Documents”)OM. Any change or departure from the Standard Bidding Document 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 BorrowerGuarantor’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 BorrowerGuarantor’s territory or elsewhere, or to appoint a representative domiciled in BorrowerGuarantor’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 correction of arithmetic errors. (e) The provisions of paragraph 2.46 of the Guidelines shall fully apply and, more specifically, bids shall not be disclosed to persons other than the persons officially charged with the task of comparing and/or evaluating the bids while they are performing their official duties, without the corresponding bidder's written authorization. Moreover, bidders shall not be required to provide such authorization as a condition to be entitled to bid. This confidentiality requirement shall apply until the award of contract is notified to the successful bidder. Thereafter, confidentiality of the bids shall be limited to those bid portions for which confidentiality has been specifically requested by the bidder in question.

National Competitive Bidding. Goods estimated to cost less than $300,000 equivalent per contract The Borrower’s Law of Tendering and works estimated to cost less than $5,000,000 equivalent per contractBidding 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, may be procured under contracts awarded on the basis of National Competitive Bidding1999, are subject to the following additional provisionsclarifications required for compliance with the Guidelines: (a) Before issuing any invitation All invitations to bid, prequalify or to bid shall be advertised in the Borrower shall usenational press, or cause to be usedofficial gazette, standard bidding documents, as approved by the Bank for bidding under the Project or a free and incorporated open access website in the Operational Manual Borrower’s country. 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 preparation period of thirty (the “Standard Bidding Documents”)30) days shall be given. Any change or departure The preparation period shall count (a) from the Standard Bidding Document approved by date of advertisement, or (b) when the Bank documents are available for issue, whichever date is later. The advertisement and the prequalification and bidding documents shall require its prior approvalspecify the deadline for such submission. (b) Qualification requirements of bidders and the method of evaluating the qualification of each bidder shall be specified in detail in the bidding documents, and in the prequalification documents if the bidding is preceded by a prequalification process. (c) If bidding is preceded by a prequalification process, all bidders that meet the qualification criteria set out in the prequalification document shall be allowed to bid and there shall be no limit on the number of pre-qualified bidders. (d) All bidders, irrespective of whether they are foreigners or citizens of bidders shall be required to provide a performance security in an amount sufficient to protect the Borrower’s territory/Project Executing Agency in case of breach of contract by the contractor, will be treated equally and, particularly, no preference will be granted to any bidder or group and the bidding documents shall specify the required form and amount of bidders for bid evaluation purposes. such performance security. (e) Bidders shall be allowed to submit their bids by hand mail 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 Borrower’s territory or elsewhere, or to appoint a representative domiciled in Borrower’s territory, unless and until such bidder is awarded the corresponding contractby hand. (cf) Bids All bids shall be opened in a public meeting to which public; all bidders and their representatives shall be allowed afforded an opportunity to attend if they so wish. Datebe present (either in person or through their representatives) at the time of bid opening, time and place for but bidders shall not be required to be present at the opening meeting bid opening. (g) All bid evaluation criteria shall be set forth disclosed in the bidding documents. Bid opening shall coincide with, documents and quantified in monetary terns or take place promptly after, the final date and time of the period for bid submission stipulated expressed in the bidding documentsform of pass/fail requirements. (dh) No bid may be rejected solely on the basis that the bid price falls outside any standard contract estimate, or margin or bracket of average bids established by the Borrower/Project Executing Agency. (i) Each bid contract shall be evaluated and the corresponding contract awarded to the lowest evaluated responsive bidder, that is, the bidder who meets the appropriate technical and financial standards of capability and resources and whose bid has been determined (a) to be substantially responsive to the bidding documents and (b) to offer the lowest evaluated bidcost. Such determination The winning bidder shall not be made exclusively on the basis required, as a condition of the specificationsaward, conditions and evaluation criteria to undertake responsibilities for work not stipulated in the bidding documents. If any factor additional documents or otherwise to modify the bid as originally submitted. (j) Each contract financed with the proceeds of the Loan shall provide that the suppliers and contractors shall permit ADB, at its request, to inspect their accounts and records relating to the amount or amounts performance of each bid is the contract and to be considered in bid evaluation, such factor or factors have said accounts and the quantified manner on which they will be applied for purposes of determining the lowest evaluated bid shall be precisely stipulated records audited by auditors appointed by ADB. (k) Government owned enterprises in the Borrower’s country may be permitted to bid if they can establish that they (a) are legally and financially autonomous, (b) operate under commercial law and (c) are not a dependent agency of the agency conducting procurement. (l) Re-bidding documents. For purposes shall not be allowed solely because the number 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 correction of arithmetic errorsbids is less than three (3).

National Competitive Bidding. Goods estimated to cost less than $300,000 equivalent per contract The Borrower’s Law of Tendering and works estimated to cost less than $5,000,000 equivalent per contractBidding 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, may 1999, shall be procured under contracts awarded on the basis of National Competitive Biddingapplied, subject to together with the following additional provisions: clarifications as required for compliance with the Guidelines: All invitations to prequalify or to bid shall be advertised in the national press, or official gazette, or a free and open access website in the Borrower’s country. 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 preparation period of thirty (30) days shall be given. The preparation period shall count (a) Before issuing any invitation to bid, from the Borrower shall usedate of advertisement, or cause to (b) when the documents are available for issue, whichever date is later. The advertisement and the prequalification and bidding documents shall specify the deadline for such submission. Qualification requirements of bidders and the method of evaluating the qualification of each bidder shall be used, standard specified in detail in the bidding documents, as approved and in the prequalification documents if the bidding is preceded by a prequalification process. If bidding is preceded by a prequalification process, all bidders that meet the qualification criteria set out in the prequalification document shall be allowed to bid and there shall be no limit on the number of pre- qualified bidders. All bidders shall be required to provide a performance security in an amount sufficient to protect the Borrower/Project Executing Agency in case of breach of contract by the Bank for contractor, and the bidding under documents shall specify the Project required form and incorporated in the Operational Manual (the “Standard Bidding Documents”). Any change or departure from the Standard Bidding Document approved by the Bank shall require its prior approval. (b) All bidders, irrespective amount of whether they are foreigners or citizens of the Borrower’s territory, will be treated equally and, particularly, no preference will be granted to any bidder or group of bidders for bid evaluation purposessuch performance security. Bidders shall be allowed to submit their bids by hand mail or through the post office or private mailing servicesby hand. 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 Borrower’s territory or elsewhere, or to appoint a representative domiciled in Borrower’s territory, unless and until such bidder is awarded the corresponding contract. (c) Bids All bids shall be opened in a public meeting to which public; all bidders and their representatives shall be allowed afforded an opportunity to attend if they so wishbe 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. Date, time and place for the opening meeting All bid evaluation criteria shall be set forth disclosed in the bidding documentsdocuments and quantified in monetary terms or expressed in the form of pass/fail requirements. Bid opening shall coincide withNo bid may be rejected solely on the basis that the bid price falls outside any standard contract estimate, or take place promptly after, margin or bracket of average bids established by the final date and time of the period for bid submission stipulated in the bidding documents. (d) Borrower/Project Executing Agency. Each bid contract shall be evaluated and the corresponding contract awarded to the lowest evaluated responsive bidder, that is, the bidder who meets the appropriate technical and financial standards of capability and resources and whose bid has been determined (a) to be substantially responsive to the bidding documents and (b) to offer the lowest evaluated bidcost. Such determination The winning bidder shall not be made exclusively on the basis required, as a condition of the specificationsaward, conditions and evaluation criteria to undertake responsibilities for work not stipulated in the bidding documentsdocuments or otherwise to modify the bid as originally submitted. If any factor additional Each contract financed with the proceeds of the Loan shall provide that the suppliers and contractors shall permit ADB, at its request, to inspect their accounts and records relating to the amount or amounts performance of each bid is the contract and to be considered in bid evaluation, such factor or factors have said accounts and the quantified manner on which they will be applied for purposes of determining the lowest evaluated bid shall be precisely stipulated records audited by auditors appointed by ADB. Government owned enterprises in the Borrower’s country may be permitted to bid if they can establish that they (a) are legally and financially autonomous, (b) operate under commercial law and (c) are not a dependent agency of the Borrower/Project Executing Agency. Re-bidding documents. For purposes shall not be allowed solely because the number 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 correction of arithmetic errorsbids is less than three (3).

National Competitive Bidding. (i) Goods estimated to cost less than $300,000 250,000 equivalent per contract may be procured under contracts awarded in accordance with the provisions of paragraphs 3.3 and works 3.4 of the Procurement Guidelines. (ii) Works estimated to cost less than $5,000,000 equivalent per contract, contract may be procured under contracts awarded on in accordance with the basis provisions of National Competitive Bidding, subject to paragraphs 3.3 and 3.4 of the following additional provisions:Procurement Guidelines. (aiii) Before issuing any invitation to bid, the Borrower Borrower, through MOT, shall prepare and furnish or cause to be prepared and furnished to the Bank for approval, appropriate model bidding documents. Once approved by the Bank, the Borrower, through MOT, shall use, or cause to be used, standard said model bidding documents, as approved by the Bank for bidding under the Project and incorporated in the Operational Manual (the “Standard Bidding Documents”)Project. Any change or departure from the Standard Bidding Document model approved by the Bank shall require its Bank’s prior approval. (biv) All bidders, irrespective of whether they are foreigners or citizens of the Borrower’s territoryColombians, 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 Borrower’s territory Colombia or elsewhere, or to appoint a representative domiciled in Borrower’s territoryColombia, unless and until such bidder is awarded the corresponding contract. (cv) 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. (dvi) 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 correction of arithmetic errors. (vii) The provisions of paragraph 2.47 of the Guidelines shall fully apply and, more specifically, bids shall not be disclosed to persons other than the persons officially charged with the task of comparing and/or evaluating the bids while they are performing their official duties, without the corresponding bidder's written authorization. Moreover, bidders shall not be required to provide such authorization as a condition to be entitled to bid. This confidentiality requirement shall apply until the award of contract is notified to the successful bidder. Thereafter, confidentiality of the bids shall be limited to those bid portions for which confidentiality has been specifically requested by the bidder in question.

National Competitive Bidding. Goods estimated to cost less than $300,000 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, subject to 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 by the Bank for bidding under the Project and incorporated in the Operational Manual (the “Standard Bidding Documents”). 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 Borrower’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 Borrower’s territory or elsewhere, or to appoint a representative domiciled in Borrower’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 correction of arithmetic errors. (e) The provisions of paragraph 2.46 of the Guidelines shall fully apply and, more specifically, bids shall not be disclosed to persons other than the persons officially charged with the task of comparing and/or evaluating the bids while they are performing their official duties, without the corresponding bidder's written authorization. Moreover, bidders shall not be required to provide such authorization as a condition to be entitled to bid. This confidentiality requirement shall apply until the award of contract is notified to the successful bidder. Thereafter, confidentiality of the bids shall be limited to those bid portions for which confidentiality has been specifically requested by the bidder in question.

National Competitive Bidding. Goods estimated to cost less than $300,000 equivalent per contract The Borrower’s Law of Tendering and works estimated to cost less than $5,000,000 equivalent per contractBidding 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, may be procured under contracts awarded on the basis of National Competitive Bidding1999, are subject to the following additional provisionsclarifications required for compliance with the Procurement Guidelines: (i) All invitations to prequalify or to bid shall be advertised in the national press, or official gazette, or a free and open access website in the Borrower’s country. 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 preparation period of thirty (30) days shall be given. The preparation period shall count (a) Before issuing any invitation to bid, from the Borrower shall usedate of advertisement, or cause to (b) when the documents are available for issue, whichever date is later. The advertisement and the prequalification 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 used, standard specified in detail in the bidding documents, as approved by the Bank for bidding under the Project and incorporated in the Operational Manual (prequalification documents if the “Standard Bidding Documents”). Any change or departure from the Standard Bidding Document approved bidding is preceded by the Bank shall require its prior approvala prequalification process. (biii) If bidding is preceded by a prequalification process, all bidders that meet the qualification criteria set out in the prequalification document shall be allowed to bid and there shall be no limit on the number of pre-qualified bidders. (iv) All bidders, irrespective of whether they are foreigners or citizens of bidders shall be required to provide a performance security in an amount sufficient to protect the Borrower’s territory/Project Executing Agency in case of breach of contract by the contractor, will be treated equally and, particularly, no preference will be granted to any bidder or group and the bidding documents shall specify the required form and amount of bidders for bid evaluation purposes. such performance security. (v) Bidders shall be allowed to submit their bids by hand mail 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 Borrower’s territory or elsewhere, or to appoint a representative domiciled in Borrower’s territory, unless and until such bidder is awarded the corresponding contractby hand. (cvi) Bids All bids shall be opened in a public meeting to which public; all bidders and their representatives shall be allowed afforded an opportunity to attend if they so wish. Datebe present (either in person or through their representatives) at the time of bid opening, time and place for but bidders shall not be required to be present at the opening meeting bid opening. (vii) All bid evaluation criteria shall be set forth disclosed in the bidding documents. Bid opening shall coincide with, documents and quantified in monetary terns or take place promptly after, the final date and time of the period for bid submission stipulated expressed in the bidding documentsform of pass/fail requirements. (dviii) No bid may be rejected solely on the basis that the bid price falls outside any standard contract estimate, or margin or bracket of average bids established by the Borrower/Project Executing Agency. (ix) Each bid contract shall be evaluated and the corresponding contract awarded to the lowest evaluated responsive bidder, that is, the bidder who meets the appropriate technical and financial standards of capability and resources and whose bid has been determined (a) to be substantially responsive to the bidding documents and (b) to offer the lowest evaluated bidcost. Such determination The winning bidder shall not be made exclusively on the basis required, as a condition of the specificationsaward, conditions and evaluation criteria to undertake responsibilities for work not stipulated in the bidding documents. If any factor additional documents or otherwise to modify the bid as originally submitted. (x) Each contract financed with the proceeds of the Loan shall provide that the suppliers and contractors shall permit ADB, at its request, to inspect their accounts and records relating to the amount or amounts performance of each bid is the contract and to be considered in bid evaluation, such factor or factors have said accounts and the quantified manner on which they will be applied for purposes of determining the lowest evaluated bid shall be precisely stipulated records audited by auditors appointed by ADB. (xi) Government owned enterprises in the Borrower’s country may be permitted to bid if they can establish that they (a) are legally and financially autonomous, (b) operate under commercial law and (c) are not a dependent agency of the agency conducting procurement. (xii) Re-bidding documents. For purposes shall not be allowed solely because the number 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 correction of arithmetic errorsbids is less than three (3).

National Competitive Bidding. Goods estimated to cost less than $300,000 250,000 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, subject to Bidding and the following additional provisions: (a) Before issuing any invitation to bid, the Borrower Recipient shall prepare and furnish or cause to be prepared and furnished to the Bank for approval, appropriate model bidding documents. Once approved by the Bank, the Recipient shall use, or cause to be used, standard said model bidding documents, as approved by the Bank for bidding under the Project and incorporated in the Operational Manual (the “Standard Bidding Documents”)Project. Any change or departure from the Standard Bidding Document model approved by the Bank shall require its Bank’s prior approval. (b) All bidders, irrespective of whether they are foreigners or citizens of the Borrower’s territoryColombians, 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 BorrowerBeneficiary’s territory or elsewhere, or to appoint a representative domiciled in Borrowerthe Beneficiary’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 in 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 correction of arithmetic errors. (e) The provisions of paragraph 2.467 of the Guidelines shall fully apply and, more specifically, bids shall not be disclosed to persons other than the persons officially charged with the task of comparing and/or evaluating the bids while they are performing their official duties, without the corresponding bidder's written authorization. Moreover, bidders shall not be required to provide such authorization as a condition to be entitled to bid. This confidentiality requirement shall apply until the award of contract is notified to the successful bidder. Thereafter, confidentiality of the bids shall be limited to those bid portions for which confidentiality has been specifically requested by the bidder in question.

National Competitive Bidding. Goods estimated to cost less than $300,000 equivalent per contract Except as otherwise provided in paragraph 2 below, goods and works estimated to cost less than $5,000,000 equivalent per contract, may shall be procured under contracts awarded on the basis of National Competitive Bidding, Bidding subject to the following additional provisionsprocedures: (a) Before issuing any invitation to bid, the Borrower Recipient shall prepare and furnish or cause to be prepared and furnished to the Bank for approval, appropriate model bidding documents. Once approved by the Bank, the Recipient shall use, or cause to be used, standard said model bidding documents, as approved by the Bank for bidding under the Project and incorporated in the Operational Manual (the “Standard Bidding Documents”)Project. Any change or departure from the Standard Bidding Document model approved by the Bank shall require its Bank’s prior approval. (b) All bidders, irrespective of whether they are foreigners or citizens of the Borrower’s territoryColombians, 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 BorrowerBeneficiary’s territory or elsewhere, or to appoint a representative domiciled in Borrowerthe Beneficiary’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 in 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 correction of arithmetic errors. (e) The provisions of paragraph 2.7 of the Guidelines shall fully apply and, more specifically, bids shall not be disclosed to persons other than the persons officially charged with the task of comparing and/or evaluating the bids while they are performing their official duties, without the corresponding bidder’s written authorization. Moreover, bidders shall not be required to provide such authorization as a condition to be entitled to bid. This confidentiality requirement shall apply until the award of contract is notified to the successful bidder. Thereafter, confidentiality of the bids shall be limited to those bid portions for which confidentiality has been specifically requested by the bidder in question.

National Competitive Bidding. Goods estimated to cost less than $300,000 equivalent per contract and works estimated to cost less than $5,000,000 equivalent per contractExcept as otherwise provided in paragraph 2 below, may goods shall be procured under contracts awarded on the basis of National Competitive Bidding, Bidding subject to the following additional provisionsprocedures: (ai) Before issuing any invitation public enterprises in parts of the West Bank and Gaza under the jurisdiction of the Palestinian Authority shall be eligible to bidparticipate in bidding only if they can establish that they are legally and financially autonomous, operate under commercial law, and are not a dependent agency of the Palestinian Authority; foreign bidders shall be eligible to participate under the same conditions as local bidders. In particular, no preference over foreign bidders shall be granted to local bidders in bid evaluation; invitations to bid shall be advertised on at least two (2) consecutive days in a local newspaper of wide circulation, and prospective bidders shall be allowed a minimum of thirty (30) days between the date on which the notification appears for the first time and the deadline for bid submission. With the specific approval of the World Bank, this minimum period of 30 days may be reduced to a minimum period of 10 days in the case of emergency operations; until standard bidding documents acceptable to the World Bank have been introduced by the Project Implementing Entity, the Borrower standard bidding documents of the World Bank shall use, or cause to be used, standard ; qualification criteria shall be clearly specified in the bidding documents, as approved by the Bank for bidding under the Project and incorporated in the Operational Manual (the “Standard Bidding Documents”)all criteria so specified, and only criteria so specified, shall be used to determine whether a bidder is qualified. 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 Borrower’s territory, will be treated equally and, particularly, no preference will be granted to any bidder or group Bids of bidders for bid evaluation purposes. Bidders not meeting such criteria shall be allowed to submit their bids by hand rejected as non-qualified. The fact that a bidder meets or through surpasses the post office or private mailing services. There specified qualification criteria shall not be any requirement for any bidder taken into account in the evaluation of such bidder’s bid; evaluation criteria shall be clearly specified in the bidding documents, and all evaluation criteria other than price shall be quantified in monetary terms. All evaluation criteria so specified, and only criteria so specified, shall be used in bid evaluation. Merit points shall not be used in bid evaluation; if classification of contractors is required, contractors that have not yet been classified but meet the required qualifications shall be enabled to show evidence of obtain the bidder's registration necessary classification during the bidding procedure. Any contractor that has been classified in a class higher than the lowest class shall not be restricted to bidding in his own class but shall be eligible also to bid in any public registry, chamber of commerce lower class; bids shall be submitted in sealed envelopes and shall be accepted whether mailed or similar entity, whether in the Borrower’s territory or elsewhere, or to appoint a representative domiciled in Borrower’s territory, unless and until such bidder is awarded the corresponding contract. (c) Bids hand-carried; bids shall be opened in a public meeting the presence of bidders who wish to which bidders attend, and their representatives immediately after the deadline for bid submission. Said deadline, and the place of bid opening, shall be allowed announced in the invitation to attend if they so wishbid. DateThe name of each bidder, time and place for the opening meeting amount of his bid, shall be set forth read aloud and recorded when opened in the minutes of bid opening. The minutes of bid opening shall be signed by the members of the bid opening committee immediately after bid opening; bids received after the deadline for bid submission shall be returned to the bidders unopened; a bid containing material deviations from or reservations to the terms, conditions and specifications of the bidding documents shall be rejected as not substantially responsive. A bidder shall not be permitted to withdraw material deviations or reservations once bids have been opened; the bid evaluation shall be carried out in strict adherence to the criteria specified in the bidding documents. Bid opening , and the contract shall coincide withbe awarded to the qualified bidder offering the lowest evaluated and substantially responsive bid; a bidder shall not be required, or take place promptly afteras a condition for award, the final date and time of the period for bid submission stipulated to undertake obligations not specified in the bidding documents. (d) Each documents or otherwise to modify his bid as originally submitted; and there 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 no post-bidding negotiations with 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 or 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 correction of arithmetic errorsother bidder.

National Competitive Bidding. Goods estimated to cost less than $300,000 equivalent per contract The Borrower’s Law of Tendering and works estimated to cost less than $5,000,000 equivalent per contractBidding 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, may 1999, shall be procured under contracts awarded on the basis of National Competitive Biddingapplied, subject to together with the following additional provisionsclarifications required for compliance with the Procurement Guidelines: i. All invitations to prequalify or to bid shall be advertised in the national press, or official gazette, or a free and open access website in the Borrower’s country. 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 preparation period of thirty (30) days shall be given. The preparation period shall count (a) Before issuing any invitation to bid, from the Borrower shall usedate of advertisement, or cause to (b) when the documents are available for issue, whichever date is later. The advertisement and the prequalification 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 used, standard specified in detail in the bidding documents, as approved and in the prequalification documents if the bidding is preceded by a prequalification process. iii. If bidding is preceded by a prequalification process, all bidders that meet the qualification criteria set out in the prequalification document shall be allowed to bid and there shall be no limit on the number of pre-qualified bidders. iv. All bidders shall be required to provide a performance security in an amount sufficient to protect the Borrower/EA in case of breach of contract by the Bank for contractor, and the bidding under documents shall specify the Project required form and incorporated in the Operational Manual (the “Standard Bidding Documents”). Any change or departure from the Standard Bidding Document approved by the Bank shall require its prior approvalamount of such performance security. (b) All bidders, irrespective of whether they are foreigners or citizens of the Borrower’s territory, will be treated equally and, particularly, no preference will be granted to any bidder or group of bidders for bid evaluation purposes. v. Bidders shall be allowed to submit their bids by hand mail 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 Borrower’s territory or elsewhere, or to appoint a representative domiciled in Borrower’s territory, unless and until such bidder is awarded the corresponding contractby hand. (c) Bids vi. All bids shall be opened in a public meeting to which public; all bidders and their representatives shall be allowed afforded an opportunity to attend if they so wishbe 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. vii. Date, time and place for the opening meeting All bid evaluation criteria shall be set forth disclosed in the bidding documentsdocuments and quantified in monetary terns or expressed in the form of pass/fail requirements. viii. Bid opening shall coincide withNo bid may be rejected solely on the basis that the bid price falls outside any standard contract estimate, or take place promptly after, margin or bracket of average bids established by the final date and time of the period for bid submission stipulated in the bidding documentsBorrower/EA. (d) ix. Each bid contract shall be evaluated and the corresponding contract awarded to the lowest evaluated responsive bidder, that is, the bidder who meets the appropriate technical and financial standards of capability and resources and whose bid has been determined (a) to be substantially responsive to the bidding documents and (b) to offer the lowest evaluated bidcost. Such determination The winning bidder shall not be made exclusively on the basis required, as a condition of the specificationsaward, conditions and evaluation criteria to undertake responsibilities for work not stipulated in the bidding documents. If any factor additional documents or otherwise to modify the bid as originally submitted. x. Each contract financed with the proceeds of the Loan shall provide that the suppliers and contractors shall permit ADB, at its request, to inspect their accounts and records relating to the amount or amounts performance of each bid is the contract and to be considered in bid evaluation, such factor or factors have said accounts and the quantified manner on which they will be applied for purposes of determining the lowest evaluated bid shall be precisely stipulated records audited by auditors appointed by ADB. xi. Government owned enterprises in the Borrower’s country may be permitted to bid if they can establish that they (a) are legally and financially autonomous, (b) operate under commercial law and (c) are not a dependent agency of the Borrower/EA. xii. Re-bidding documents. For purposes shall not be allowed solely because the number 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 correction of arithmetic errorsbids is less than three (3).

National Competitive Bidding. (i) Goods and Non-Consultant Services estimated to cost less than $300,000 500,000 equivalent per contract may be procured under contracts awarded in accordance with the provisions of paragraphs 3.3 and works 3.4 of the Procurement Guidelines. (ii) Works estimated to cost less than $5,000,000 equivalent per contract, contract may be procured under contracts awarded on in accordance with the basis provisions of National Competitive Bidding, subject to paragraphs 3.3 and 3.4 of the following additional provisions:Procurement Guidelines. (aiii) Before issuing any invitation to bid, the Borrower (through MHCP, DNP and DIAN) for the purposes of their respective Parts of the Project, shall prepare and furnish or cause to be prepared and furnished to the Bank for approval, appropriate model bidding documents. Once approved by the Bank, the Borrower (through the MHCP, DNP and DIAN, as the case may be) shall use, or cause to be used, standard said model bidding documents, as approved by the Bank for bidding under the Project and incorporated in the Operational Manual (the “Standard Bidding Documents”)Project. Any change or departure from the Standard Bidding Document model approved by the Bank shall require its Bank’s prior approval. (biv) All bidders, irrespective of whether they are foreigners or citizens of the Borrower’s territoryColombians, 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 Borrower’s territory Colombia or elsewhere, or to appoint a representative domiciled in Borrower’s territoryColombia, unless and until such bidder is awarded the corresponding contract. (cv) 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. (dvi) 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 correction of arithmetic errors. (vii) The provisions of paragraph 2.47 of the Guidelines shall fully apply and, more specifically, bids shall not be disclosed to persons other than the persons officially charged with the task of comparing and/or evaluating the bids while they are performing their official duties, without the corresponding bidder's written authorization. Moreover, bidders shall not be required to provide such authorization as a condition to be entitled to bid. This confidentiality requirement shall apply until the award of contract is notified to the successful bidder. Thereafter, confidentiality of the bids shall be limited to those bid portions for which confidentiality has been specifically requested by the bidder in question.

National Competitive Bidding. Goods estimated to cost less than $300,000 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, subject to 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 by the Bank for bidding under the Project and incorporated in the Operational Manual (the “Standard Bidding Documents”). 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 BorrowerGuarantor’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 BorrowerGuarantor’s territory or elsewhere, or to appoint a representative domiciled in BorrowerGuarantor’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 correction of arithmetic errors. (e) The provisions of paragraph 2.46 of the Guidelines shall fully apply and, more specifically, bids shall not be disclosed to persons other than the persons officially charged with the task of comparing and/or evaluating the bids while they are performing their official duties, without the corresponding bidder’s written authorization. Moreover, bidders shall not be required to provide such authorization as a condition to be entitled to bid. This confidentiality requirement shall apply until the award of contract is notified to the successful bidder. Thereafter, confidentiality of the bids shall be limited to those bid portions for which confidentiality has been specifically requested by the bidder in question.

National Competitive Bidding. Goods estimated to cost less than $300,000 250,000 equivalent per contract and works estimated to cost less than between $5,000,000 and $350,000 equivalent per contract, may be procured under contracts awarded on the basis of National Competitive Bidding, subject to Bidding and the following additional provisions: (a) Before issuing any invitation to bid, the Borrower shall prepare and furnish or cause to be prepared and furnished to the Bank for approval, appropriate model bidding documents. Once approved by the Bank, the Borrower shall use, or cause to be used, standard said model bidding documents, as approved by the Bank for bidding under the Project and incorporated in the Operational Manual (the “Standard Bidding Documents”)Project. Any change or departure from the Standard Bidding Document model approved by the Bank shall require its Bank’s prior approval. (b) All bidders, irrespective of whether they are foreigners or citizens of the Borrower’s territoryColombians, 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 Borrower’s territory Colombia or elsewhere, or to appoint a representative domiciled in Borrower’s territoryColombia, 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 in 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 correction of arithmetic errors. (e) The provisions of paragraph 2.47 of the Guidelines shall fully apply and, more specifically, bids shall not be disclosed to persons other than the persons officially charged with the task of comparing and/or evaluating the bids while they are performing their official duties, without the corresponding bidder's written authorization. Moreover, bidders shall not be required to provide such authorization as a condition to be entitled to bid. This confidentiality requirement shall apply until the award of contract is notified to the successful bidder. Thereafter, confidentiality of the bids shall be limited to those bid portions for which confidentiality has been specifically requested by the bidder in question.

National Competitive Bidding. (a) Goods estimated to cost less than $300,000 250,000 equivalent per contract may be procured under contracts awarded in accordance with the provisions of paragraphs 3.3 and works 3.4 of the Procurement Guidelines. (b) Works estimated to cost less than $5,000,000 equivalent per contract, contract may be procured under contracts awarded on in accordance with the basis provisions of National Competitive Bidding, subject to paragraphs 3.3 and 3.4 of the following additional provisions:Procurement Guidelines. (ac) Before issuing any invitation to bid, the Borrower shall prepare and furnish or cause to be prepared and furnished to the Bank for approval, appropriate model bidding documents. Once approved by the Bank, the Borrower shall use, or cause to be used, standard said model bidding documents, as approved by the Bank for bidding under the Project and incorporated in the Operational Manual (the “Standard Bidding Documents”)Project. Any change or departure from the Standard Bidding Document model approved by the Bank shall require its Bank’s prior approval. (bd) All bidders, irrespective of whether they are foreigners or citizens of the Borrower’s territoryColombians, 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 Borrower’s territory Colombia or elsewhere, or to appoint a representative domiciled in Borrower’s territoryColombia, unless and until such bidder is awarded the corresponding contract. (ce) 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. (df) 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 correction of arithmetic errors. (g) The provisions of paragraph 2.47 of the Guidelines shall fully apply and, more specifically, bids shall not be disclosed to persons other than the persons officially charged with the task of comparing and/or evaluating the bids while they are performing their official duties, without the corresponding bidder's written authorization. Moreover, bidders shall not be required to provide such authorization as a condition to be entitled to bid. This confidentiality requirement shall apply until the award of contract is notified to the successful bidder. Thereafter, confidentiality of the bids shall be limited to those bid portions for which confidentiality has been specifically requested by the bidder in question.

National Competitive Bidding. Goods estimated to cost less than $300,000 250,000 but more than $50,000 equivalent per contract and works estimated to cost less than $5,000,000 but more than $50,000 equivalent per contract, may be procured under contracts awarded on the basis of National Competitive Bidding, subject to 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 by the Bank for bidding under the Project and incorporated in the Operational Manual (the “Standard Bidding Documents”). 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 Borrower’s territoryColombians, 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 Borrower’s territory Colombia or elsewhere, or to appoint a representative domiciled in Borrower’s territoryColombia, unless and until such bidder is awarded the corresponding contract. (cb) 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. (dc) 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 correction of arithmetic errors. (d) The provisions of paragraph 2.46 of the Guidelines shall fully apply and, more specifically, bids shall not be disclosed to persons other than the persons officially charged with the task of comparing and/or evaluating the bids while they are performing their official duties, without the corresponding bidder's written authorization. Moreover, bidders shall not be required to provide such authorization as a condition to be entitled to bid. This confidentiality requirement shall apply until the award of contract is notified to the successful bidder. Thereafter, confidentiality of the bids shall be limited to those bid portions for which confidentiality has been specifically requested by the bidder in question.

National Competitive Bidding. Goods estimated to cost less than $300,000 equivalent per contract The Borrower’s Law of Tendering and works estimated to cost less than $5,000,000 equivalent per contractBidding 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, may be procured under contracts awarded on the basis of National Competitive Bidding1999, is subject to the following additional provisionsclarifications required for compliance with the Procurement Guidelines: i. All invitations to prequalify or to bid shall be advertised in the national press, or official gazette, or a free and open access website in the Borrower’s country. 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 preparation period of thirty (30) days shall be given. The preparation period shall count (a) Before issuing any invitation to bid, from the Borrower shall usedate of advertisement, or cause to (b) when the documents are available for issue, whichever date is later. The advertisement and the prequalification 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 used, standard specified in detail in the bidding documents, as approved and in the prequalification documents if the bidding is preceded by a prequalification process. iii. If bidding is preceded by a prequalification process, all bidders that meet the qualification criteria set out in the prequalification document shall be allowed to bid and there shall be no limit on the number of pre-qualified bidders. iv. All bidders shall be required to provide a performance security in an amount sufficient to protect the Borrower/Project Executing Agency in case of breach of contract by the Bank for contractor, and the bidding under documents shall specify the Project required form and incorporated in the Operational Manual (the “Standard Bidding Documents”). Any change or departure from the Standard Bidding Document approved by the Bank shall require its prior approvalamount of such performance security. (b) All bidders, irrespective of whether they are foreigners or citizens of the Borrower’s territory, will be treated equally and, particularly, no preference will be granted to any bidder or group of bidders for bid evaluation purposes. v. Bidders shall be allowed to submit their bids by hand mail 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 Borrower’s territory or elsewhere, or to appoint a representative domiciled in Borrower’s territory, unless and until such bidder is awarded the corresponding contractby hand. (c) Bids vi. All bids shall be opened in a public meeting to which public; all bidders and their representatives shall be allowed afforded an opportunity to attend if they so wishbe 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. vii. Date, time and place for the opening meeting All bid evaluation criteria shall be set forth disclosed in the bidding documentsdocuments and quantified in monetary terns or expressed in the form of pass/fail requirements. viii. Bid opening shall coincide withNo bid may be rejected solely on the basis that the bid price falls outside any standard contract estimate, or take place promptly after, margin or bracket of average bids established by the final date and time of the period for bid submission stipulated in the bidding documentsBorrower/Project Executing Agency. (d) ix. Each bid contract shall be evaluated and the corresponding contract awarded to the lowest evaluated responsive bidder, that is, the bidder who meets the appropriate technical and financial standards of capability and resources and whose bid has been determined (a) to be substantially responsive to the bidding documents and (b) to offer the lowest evaluated bidcost. Such determination The winning bidder shall not be made exclusively on the basis required, as a condition of the specificationsaward, conditions and evaluation criteria to undertake responsibilities for work not stipulated in the bidding documents. If any factor additional documents or otherwise to modify the bid as originally submitted. x. Each contract financed with the proceeds of the Loan shall provide that the suppliers and contractors shall permit ADB, at its request, to inspect their accounts and records relating to the amount or amounts performance of each bid is the contract and to be considered in bid evaluation, such factor or factors have said accounts and the quantified manner on which they will be applied for purposes of determining the lowest evaluated bid shall be precisely stipulated records audited by auditors appointed by ADB. xi. Government owned enterprises in the Borrower’s country may be permitted to bid if they can establish that they (a) are legally and financially autonomous, (b) operate under commercial law and (c) are not a dependent agency of the Borrower/Project Executing Agency. xii. Re-bidding documents. For purposes shall not be allowed solely because the number 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 correction of arithmetic errorsbids is less than three (3).

National Competitive Bidding. Goods estimated to cost less than $300,000 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, subject to 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 by the Bank for bidding under the Project and incorporated in the Operational Manual (the “Standard Bidding Documents”). 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 Borrower’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 Borrower’s territory or elsewhere, or to appoint a representative domiciled in Borrower’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 correction of arithmetic errors. (e) The provisions of paragraph 2.46 of the Guidelines shall fully apply and, more specifically, bids shall not be disclosed to persons other than the persons officially charged with the task of comparing and/or evaluating the bids while they are performing their official duties, without the corresponding bidder's written authorization. Moreover, bidders shall not be required to provide such authorization as a condition to be entitled to bid. This confidentiality requirement shall apply until the award of contract is notified to the successful bidder. Thereafter, confidentiality of the bids shall be limited to those bid portions for which confidentiality has been specifically requested by the bidder in question. 1. The following table sets forth the Principal Payment Dates of the Loan and the percentage of the total principal amount of the Loan payable on each Principal Payment Date (“Installment Share”). If the proceeds of the Loan have been fully withdrawn as of the first Principal Payment Date, the principal amount of the Loan repayable by the Borrower on each Principal Payment Date shall be determined by the Bank by multiplying: (a) Withdrawn Loan Balance as of the first Principal Payment Date; by (b) the Installment Share for each Principal Payment Date, such repayable amount to be adjusted, as necessary, to deduct any amounts referred to in paragraph 4 of this Schedule, to which a Currency Conversion applies. Principal Payment Date Installment Share (Expressed as a Percentage) November 15, 2015 3.30% November 15, 2016 5.92% November 15, 2017 8.00% November 15, 2018 8.85% November 15, 2019 10.00% November 15, 2020 10.99% November 15, 2021 12.00% November 15, 2022 13.00% November 15, 2023 13.80% November 15, 2024 14.14%

National Competitive Bidding. (a) Goods estimated to cost less than $300,000 $ 250,000 equivalent per contract may be procured under contracts awarded in accordance with the provisions of paragraphs 3.3 and works 3.4 of the Guidelines. (b) Works estimated to cost less than $5,000,000 equivalent per contract, contract may be procured under contracts awarded on in accordance with the basis provisions of National Competitive Bidding, subject to paragraphs 3.3 and 3.4 of the following additional provisions:Guidelines. (ac) Before issuing any invitation to bid, the Borrower shall prepare and furnish or cause to be prepared and furnished to the Bank for approval, appropriate model bidding documents. Once approved by the Bank, the Borrower shall use, or cause to be used, standard said model bidding documents, as approved by the Bank for bidding under the Project and incorporated in the Operational Manual (the “Standard Bidding Documents”)Project. Any change or departure from the Standard Bidding Document model approved by the Bank shall require its Bank’s prior approval. (bd) All bidders, irrespective of whether they are foreigners or citizens of the Borrower’s territoryColombians, 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 Borrower’s territory Colombia or elsewhere, or to appoint a representative domiciled in Borrower’s territoryColombia, unless and until such bidder is awarded the corresponding contract. (ce) 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. (df) 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 correction of arithmetic errors. (g) The provisions of paragraph 2.46 of the Guidelines shall fully apply and, more specifically, bids shall not be disclosed to persons other than the persons officially charged with the task of comparing and/or evaluating the bids while they are performing their official duties, without the corresponding bidder's written authorization. Moreover, bidders shall not be required to provide such authorization as a condition to be entitled to bid. This confidentiality requirement shall apply until the award of contract is notified to the successful bidder. Thereafter, confidentiality of the bids shall be limited to those bid portions for which confidentiality has been specifically requested by the bidder in question.

National Competitive Bidding. Goods estimated to cost less than $300,000 equivalent per contract and works estimated to cost less than $5,000,000 equivalent per contractExcept as otherwise provided in paragraph 2 below, may goods shall be procured under contracts awarded on the basis of National Competitive Bidding, subject to the following additional provisionsprocedures: (ai) Before issuing any invitation public enterprises in parts of the West Bank and Gaza under the jurisdiction of the Palestinian Authority shall be eligible to bidparticipate in bidding only if they can establish that they are legally and financially autonomous, operate under commercial law, and are not a dependent agency of the Palestinian Authority; foreign bidders shall be eligible to participate under the same conditions as local bidders. In particular, no preference over foreign bidders shall be granted to local bidders in bid evaluation; invitations to bid shall be advertised on at least two (2) consecutive days in a local newspaper of wide circulation, and prospective bidders shall be allowed a minimum of thirty (30) days between the date on which the notification appears for the first time and the deadline for bid submission. With the specific approval of the World Bank, this minimum period of 30 days may be reduced to a minimum period of 10 days in the case of emergency operations; until standard bidding documents acceptable to the World Bank have been introduced by the Project Implementing Entity, the Borrower standard bidding documents of the World Bank shall use, or cause to be used, standard ; qualification criteria shall be clearly specified in the bidding documents, as approved by the Bank for bidding under the Project and incorporated in the Operational Manual (the “Standard Bidding Documents”)all criteria so specified, and only criteria so specified, shall be used to determine whether a bidder is qualified. 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 Borrower’s territory, will be treated equally and, particularly, no preference will be granted to any bidder or group Bids of bidders for bid evaluation purposes. Bidders not meeting such criteria shall be allowed to submit their bids by hand rejected as non-qualified. The fact that a bidder meets or through surpasses the post office or private mailing services. There specified qualification criteria shall not be any requirement for any bidder taken into account in the evaluation of such bidder’s bid; evaluation criteria shall be clearly specified in the bidding documents, and all evaluation criteria other than price shall be quantified in monetary terms. All evaluation criteria so specified, and only criteria so specified, shall be used in bid evaluation. Merit points shall not be used in bid evaluation; if classification of contractors is required, contractors that have not yet been classified but meet the required qualifications shall be enabled to show evidence of obtain the bidder's registration necessary classification during the bidding procedure. Any contractor that has been classified in a class higher than the lowest class shall not be restricted to bidding in his own class but shall be eligible also to bid in any public registry, chamber of commerce lower class; bids shall be submitted in sealed envelopes and shall be accepted whether mailed or similar entity, whether in the Borrower’s territory or elsewhere, or to appoint a representative domiciled in Borrower’s territory, unless and until such bidder is awarded the corresponding contract. (c) Bids hand-carried; bids shall be opened in a public meeting the presence of bidders who wish to which bidders attend, and their representatives immediately after the deadline for bid submission. Said deadline, and the place of bid opening, shall be allowed announced in the invitation to attend if they so wishbid. DateThe name of each bidder, time and place for the opening meeting amount of his bid, shall be set forth read aloud and recorded when opened in the minutes of bid opening. The minutes of bid opening shall be signed by the members of the bid opening committee immediately after bid opening; bids received after the deadline for bid submission shall be returned to the bidders unopened; a bid containing material deviations from or reservations to the terms, conditions and specifications of the bidding documents shall be rejected as not substantially responsive. A bidder shall not be permitted to withdraw material deviations or reservations once bids have been opened; the bid evaluation shall be carried out in strict adherence to the criteria specified in the bidding documents. Bid opening , and the contract shall coincide withbe awarded to the qualified bidder offering the lowest evaluated and substantially responsive bid; a bidder shall not be required, or take place promptly afteras a condition for award, the final date and time of the period for bid submission stipulated to undertake obligations not specified in the bidding documents. (d) Each documents or otherwise to modify his bid as originally submitted; and there 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 no post-bidding negotiations with 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 or 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 correction of arithmetic errorsother bidder.

National Competitive Bidding. Goods Goods, estimated to cost less than $300,000 equivalent per contract and works estimated to cost less than $5,000,000 250,000 equivalent per contract, may be procured under contracts awarded on the basis of National Competitive Bidding, subject to Bidding and the following additional provisions: (a) Before issuing any invitation to bid, the Borrower shall prepare and furnish or cause to be prepared and furnished to the Bank for approval, appropriate model bidding documents. Once approved by the Bank, the Borrower shall use, or cause to be used, standard said model bidding documents, as approved by the Bank for bidding under the Project and incorporated in the Operational Manual (the “Standard Bidding Documents”)Project. Any change or departure from the Standard Bidding Document model approved by the Bank shall require its Bank’s prior approval. (b) All bidders, irrespective of whether they are foreigners or citizens of the Borrower’s territoryColombians, 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 Borrower’s territory Colombia or elsewhere, or to appoint a representative domiciled in Borrower’s territoryColombia, 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 in 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 correction of arithmetic errors. (e) The provisions of paragraph 2.467 of the Guidelines shall fully apply and, more specifically, bids shall not be disclosed to persons other than the persons officially charged with the task of comparing and/or evaluating the bids while they are performing their official duties, without the corresponding bidder's written authorization. Moreover, bidders shall not be required to provide such authorization as a condition to be entitled to bid. This confidentiality requirement shall apply until the award of contract is notified to the successful bidder. Thereafter, confidentiality of the bids shall be limited to those bid portions for which confidentiality has been specifically requested by the bidder in question.

National Competitive Bidding. (a) Goods estimated to cost less than $300,000 250,000 equivalent per contract may be procured under contracts awarded in accordance with the provisions of paragraphs 3.3 and works 3.4 of the Procurement Guidelines. (b) Works estimated to cost less than $5,000,000 equivalent per contractcontract may be procured under contracts awarded in accordance with the provisions of paragraphs 3.3 and 3.4 of the Procurement Guidelines. (c) Works estimated to cost more than $5,000,000 equivalent per contract for the 5 lots already procured for the NQS Line of the Bogotá Transmilenio S.A. (as per the waiver of the $5,000,000 maximum threshold applicable to national competitive bidding in the Borrower’s territory granted by the Bank to the Borrower on January 28, 2004), may be procured under contracts awarded on in accordance with the basis provisions of National Competitive Bidding, subject to paragraphs 3.3 and 3.4 of the following additional provisions:Procurement Guidelines. (ad) Before issuing any invitation to bid, the Borrower shall prepare and furnish or cause to be prepared and furnished to the Bank for approval, appropriate model bidding documents. Once approved by the Bank, the Borrower shall use, or cause to be used, standard said model bidding documents, as approved by the Bank for bidding under the Project and incorporated in the Operational Manual (the “Standard Bidding Documents”)Project. Any change or departure from the Standard Bidding Document model approved by the Bank shall require its Bank’s prior approval. (be) All bidders, irrespective of whether they are foreigners or citizens of the Borrower’s territoryColombians, 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 Borrower’s territory Colombia or elsewhere, or to appoint a representative domiciled in Borrower’s territoryColombia, unless and until such bidder is awarded the corresponding contract. (cf) 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. (dg) 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 correction of arithmetic errors. (h) The provisions of paragraph 2.47 of the Guidelines shall fully apply and, more specifically, bids shall not be disclosed to persons other than the persons officially charged with the task of comparing and/or evaluating the bids while they are performing their official duties, without the corresponding bidder’s written authorization. Moreover, bidders shall not be required to provide such authorization as a condition to be entitled to bid. This confidentiality requirement shall apply until the award of contract is notified to the successful bidder. Thereafter, confidentiality of the bids shall be limited to those bid portions for which confidentiality has been specifically requested by the bidder in question.

National Competitive Bidding. Goods estimated to cost less than $300,000 equivalent per contract 5. The Borrower’s Law of Tendering and works estimated to cost less than $5,000,000 equivalent per contractBidding 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, may be procured under contracts awarded on the basis of National Competitive Bidding1999, are subject to the following additional provisionsclarifications required for compliance with the Procurement Guidelines: i. All invitations to prequalify or to bid shall be advertised in the national press, or official gazette, or a free and open access website in the Borrower’s country. 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 preparation period of thirty (30) days shall be given. The preparation period shall count (a) Before issuing any invitation to bid, from the Borrower shall usedate of advertisement, or cause to (b) when the documents are available for issue, whichever date is later. The advertisement and the prequalification 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 used, standard specified in detail in the bidding documents, as approved and in the prequalification documents if the bidding is preceded by a prequalification process. iii. If bidding is preceded by a prequalification process, all bidders that meet the qualification criteria set out in the prequalification document shall be allowed to bid and there shall be no limit on the number of pre-qualified bidders. iv. All bidders shall be required to provide a performance security in an amount sufficient to protect the Borrower/Project Executing Agency in case of breach of contract by the Bank for contractor, and the bidding under documents shall specify the Project required form and incorporated in the Operational Manual (the “Standard Bidding Documents”). Any change or departure from the Standard Bidding Document approved by the Bank shall require its prior approvalamount of such performance security. (b) All bidders, irrespective of whether they are foreigners or citizens of the Borrower’s territory, will be treated equally and, particularly, no preference will be granted to any bidder or group of bidders for bid evaluation purposes. v. Bidders shall be allowed to submit their bids by hand mail 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 Borrower’s territory or elsewhere, or to appoint a representative domiciled in Borrower’s territory, unless and until such bidder is awarded the corresponding contractby hand. (c) Bids vi. All bids shall be opened in a public meeting to which public; all bidders and their representatives shall be allowed afforded an opportunity to attend if they so wishbe 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. vii. Date, time and place for the opening meeting All bid evaluation criteria shall be set forth disclosed in the bidding documentsdocuments and quantified in monetary terns or expressed in the form of pass/fail requirements. viii. Bid opening shall coincide withNo bid may be rejected solely on the basis that the bid price falls outside any standard contract estimate, or take place promptly after, margin or bracket of average bids established by the final date and time of the period for bid submission stipulated in the bidding documentsBorrower/Project Executing Agency. (d) ix. Each bid contract shall be evaluated and the corresponding contract awarded to the lowest evaluated responsive bidder, that is, the bidder who meets the appropriate technical and financial standards of capability and resources and whose bid has been determined (a) to be substantially responsive to the bidding documents and (b) to offer the lowest evaluated bidcost. Such determination The winning bidder shall not be made exclusively on the basis required, as a condition of the specificationsaward, conditions and evaluation criteria to undertake responsibilities for work not stipulated in the bidding documents. If any factor additional documents or otherwise to modify the bid as originally submitted. x. Each contract financed with the proceeds of the Loan shall provide that the suppliers and contractors shall permit ADB, at its request, to inspect their accounts and records relating to the amount or amounts performance of each bid is the contract and to be considered in bid evaluation, such factor or factors have said accounts and the quantified manner on which they will be applied for purposes of determining the lowest evaluated bid shall be precisely stipulated records audited by auditors appointed by ADB. xi. Government owned enterprises in the bidding documents. For purposes of Borrower’s country may be permitted to bid evaluation if they can establish that they (a) are legally 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 correction of arithmetic errors.financially autonomous,

National Competitive Bidding. (a) Goods estimated to cost less than $300,000 $ 250,000 equivalent per contract may be procured under contracts awarded in accordance with the provisions of paragraphs 3.3 and works 3.4 of the Guidelines. (b) Works estimated to cost less than $5,000,000 100,000 equivalent per contract, contract may be procured under contracts awarded on in accordance with the basis provisions of National Competitive Bidding, subject to paragraphs 3.3 and 3.4 of 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 by the Bank for bidding under the Project and incorporated in the Operational Manual (the “Standard Bidding Documents”). Any change or departure from the Standard Bidding Document approved by the Bank shall require its prior approvalGuidelines. (bc) Procurement of goods and works under this Part shall be carried out using standard bidding documents acceptable to the Bank. (d) All bidders, irrespective of whether they are foreigners or citizens of the Borrower’s territoryColombians, 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 Borrower’s territory Colombia or elsewhere, or to appoint a representative domiciled in Borrower’s territoryColombia, unless and until such bidder is awarded the corresponding contract. (ce) 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. (df) 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 correction of arithmetic errors. (g) The provisions of paragraph 2.46 of the Guidelines shall fully apply and, more specifically, bids shall not be disclosed to persons other than the persons officially charged with the task of comparing and/or evaluating the bids while they are performing their official duties, without the corresponding bidder's written authorization. Moreover, bidders shall not be required to provide such authorization as a condition to be entitled to bid. This confidentiality requirement shall apply until the award of contract is notified to the successful bidder. Thereafter, confidentiality of the bids shall be limited to those bid portions for which confidentiality has been specifically requested by the bidder in question.

National Competitive Bidding. Goods estimated to cost less than $300,000 equivalent per contract Except as otherwise provided in paragraph 3 below, goods and works estimated to cost less than $5,000,000 equivalent per contract, may shall be procured under contracts awarded on the basis of National Competitive Bidding, Bidding procedures subject to the World Bank’s national procurement procedures and the following additional provisions: (a) Before issuing any invitation to bid, the Borrower shall use, or cause to be used, standard procedures: Standard bidding documents, as documents approved by the Bank for bidding under the Project and incorporated in the Operational Manual (the “Standard Bidding Documents”). Any change or departure from the Standard Bidding Document approved by the World Bank shall require its prior approval. (b) All be used. Invitations to bid shall be advertised in at least one widely circulated national daily newspaper and bidding documents shall be made available to prospective bidders, irrespective at least twenty-eight (28) days prior to the deadline for the submission of whether they are foreigners or citizens of the Borrower’s territory, will be treated equally and, particularly, no preference will be granted to any bidder or group of bidders for bid evaluation purposesbids. Bidders shall be allowed to submit their bids by hand or through the post office or private mailing services. There Bids shall not be any requirement for any bidder to show evidence invited on the basis of percentage premium or discount over the bidder's registration in any public registry, chamber of commerce or similar entity, whether in the Borrower’s territory or elsewhere, or to appoint a representative domiciled in Borrower’s territory, unless and until such bidder is awarded the corresponding contract. (c) Bids estimated cost. Bidding documents shall be opened made available, by mail or in a public meeting person, to which all who are willing to pay the required fee. Foreign bidders shall not be precluded from bidding and their representatives no preference of any kind shall be allowed given to attend if they so wishnational bidders. Date, time and place for the opening meeting Qualification criteria (in case pre-qualifications were not carried out) shall be set forth stated in the bidding documents. Bid opening shall coincide with, or take place promptly afterand if a registration process is required, 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 a foreign firm determined to be the lowest evaluated bidbidder shall be given reasonable opportunity of registering, without any hindrance i.e. no non-registration status should be considered as a non-eligibility-to-bid criterion. Such determination Bidders may deliver bids, at their option, either in person or by courier service or by mail. Bids shall be opened in public in one place preferably immediately, but no later than one (1) hour, after the deadline for submission of bids. Evaluation of bids shall be made exclusively in strict adherence to the criteria disclosed in the bidding documents, in a format, and within the specified period, agreed with the World Bank. Bids shall not be rejected merely on the basis of a comparison with an official estimate without the specificationsprior concurrence of the World Bank. Split award or lottery in award of contracts shall not be carried out. When two or more bidders quote the same price, conditions an investigation shall be made to determine any evidence of collusion, following which: (A) if collusion is determined, the parties involved shall be disqualified and evaluation criteria stipulated in the bidding documents. If any factor additional award shall then be made to the amount or amounts next lowest evaluated and qualified bidder; and (B) if no evidence of each bid is collusion can be confirmed, then fresh bids shall be invited after receiving the concurrence of the World Bank. Contracts shall be awarded 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 bidders within the initial period of bid validity so that extensions are not necessary. Extension of bid validity may be sought only under exceptional circumstances. Extension of bid validity shall not be precisely stipulated allowed without the prior concurrence of the World Bank: (A) for the first request for extension if it is longer than eight (8) weeks; and (B) for all subsequent requests for extensions irrespective of the period. Negotiations shall not be allowed with the lowest evaluated or any other bidders. Re-bidding shall not be carried out without the World Bank’s prior concurrence. All contractors or suppliers shall provide performance security as indicated in the bidding contract documents. For purposes of bid evaluation and comparison, the only bid amount A contractor’s or amounts a supplier’s performance security shall apply to be used as a factor shall be the bid amount or amounts as quoted in the corresponding bid, including correction of arithmetic errorsspecific contract under which it was furnished.

National Competitive Bidding. (i) Goods and Non-Consultant Services estimated to cost less than $300,000 500,000 equivalent per contract may be procured under contracts awarded in accordance with the provisions of paragraphs 3.3 and works 3.4 of the Procurement Guidelines. (ii) Works estimated to cost less than $5,000,000 equivalent per contract, contract may be procured under contracts awarded on in accordance with the basis provisions of National Competitive Bidding, subject to paragraphs 3.3 and 3.4 of the following additional provisions:Procurement Guidelines. (aiii) Before issuing any invitation to bid, the Borrower (through MHCP, DNP and DIAN) for the purposes of their respective Parts of the Project, shall prepare and furnish or cause to be prepared and furnished to the Bank for approval, appropriate model bidding documents. Once approved by the Bank, the Borrower (through the MHCP, DNP and DIAN, as the case may be) shall use, or cause to be used, standard said model bidding documents, as approved by the Bank for bidding under the Project and incorporated in the Operational Manual (the “Standard Bidding Documents”)Project. Any change or departure from the Standard Bidding Document model approved by the Bank shall require its Bank’s prior approval. (biv) All bidders, irrespective of whether they are foreigners or citizens of the Borrower’s territoryColombians, 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 Borrower’s territory Colombia or elsewhere, or to appoint a representative domiciled in Borrower’s territoryColombia, unless and until such bidder is awarded the corresponding contract. (cv) 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. (dvi) 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 correction of arithmetic errors. (vii) The provisions of paragraph 2.47 of the Guidelines shall fully apply and, more specifically, bids shall not be disclosed to persons other than the persons officially charged with the task of comparing and/or evaluating the bids while they are performing their official duties, without the corresponding bidder’s written authorization. Moreover, bidders shall not be required to provide such authorization as a condition to be entitled to bid. This confidentiality requirement shall apply until the award of contract is notified to the successful bidder. Thereafter, confidentiality of the bids shall be limited to those bid portions for which confidentiality has been specifically requested by the bidder in question.

National Competitive Bidding. Goods Technical services and goods (only office furniture) estimated to cost less than $300,000 €220,000 equivalent per contract and works estimated to cost less than $5,000,000 €750,000 equivalent per contract, may be procured under contracts awarded on the basis of National Competitive Bidding, subject to Bidding and the following additional provisions: (a) Before issuing : Eligibility: Foreign bidders shall not be excluded from bidding and no preference of any invitation kind shall be given to bidnational bidders; Procedures: “Open Tendering” procedures shall be followed in all cases. Invitations to bid shall be advertised in at least one widely circulated national daily newspaper, allowing minimum of 30 days for preparation and submission of bids. Participation by Government-Owned enterprises: Government-owned enterprises in FYR Macedonia shall be eligible to participate in bidding only if they can establish that they are legally and financially autonomous, operate under commercial law and are not a dependent agency of the Borrower Borrower. Such enterprises shall usebe subject to the same bid and performance security requirements as other bidders. Bidding Documents: Appropriate standard bidding documents for procurement of goods, or cause to works and technical services shall be used, standard bidding documentswhich shall include draft contract and conditions of contract, as approved by satisfactory to the Bank for bidding under the Project and incorporated Bank. The technical specifications contained in the Operational Manual (the “Standard Bidding Documents”). 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 Borrower’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 bidding documents shall be allowed precise and clearly written and describe the subject procurement in an objective, strictly functional and impartial manner. Submission of Bids: Bidders may, at their option, submit bids either in person, by courier services or by mail at any time prior to submit their bids by hand or through the post office or private mailing servicesdeadline for submission of bids. 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 Borrower’s territory or elsewhere, or to appoint a representative domiciled in Borrower’s territory, unless Bid Opening and until such bidder is awarded the corresponding contract. (c) Evaluation: Bids shall be opened immediately after the deadline for submission of bids and in a public meeting to which bidders and their representatives shall be allowed to attend if they so wishpublic. Date, The time and place for the bid opening meeting shall be set forth announced in the bidding documents. Bid opening shall coincide with, or take place promptly after, the final date and time Evaluation 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 bids shall be made exclusively on in strict adherence to the basis of the specificationsbid evaluation criteria, conditions expressed in quantifiable terms and evaluation criteria stipulated disclosed in the bidding documents. If any factor additional The contracts shall be awarded 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 qualified bidders having submitted the lowest evaluated bid substantially responsive bid. The bidder recommended for award of contract shall be precisely stipulated required to comply with minimum experience and technical and financial requirements disclosed in the bidding documents. For purposes Negotiations shall not be allowed with lowest evaluated bidder or any other bidder. Rejection of Bids: All bids shall not be rejected and new bids shall not be solicited without the Bank’s prior concurrence. Securities: The bid evaluation and comparison, securities shall not exceed 3% of the only bid amount or amounts to be used as a factor estimated cost of the contract. The performance securities shall not exceed 10% of the contract amount. No advance payment shall be made without a suitable advance payment security for the bid amount or amounts as quoted in the corresponding bid, including correction of arithmetic errorssame amount.

National Competitive Bidding. (a) Goods estimated to cost less than $300,000 $ 250,000 equivalent per contract may be procured under contracts awarded in accordance with the provisions of paragraphs 3.3 and works 3.4 of the Guidelines. (b) Works estimated to cost less than $5,000,000 100,000 equivalent per contract, contract may be procured under contracts awarded on in accordance with the basis provisions of National Competitive Bidding, subject to paragraphs 3.3 and 3.4 of 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 by the Bank for bidding under the Project and incorporated in the Operational Manual (the “Standard Bidding Documents”). Any change or departure from the Standard Bidding Document approved by the Bank shall require its prior approvalGuidelines. (bc) Procurement of goods and works under this Part shall be carried out using standard bidding documents acceptable to the Bank. (d) All bidders, irrespective of whether they are foreigners or citizens of the Borrower’s territoryColombians, 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 ’s registration in any public registry, chamber of commerce or similar entity, whether in the Borrower’s territory Colombia or elsewhere, or to appoint a representative domiciled in Borrower’s territoryColombia, unless and until such bidder is awarded the corresponding contract. (ce) 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. (df) 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 correction of arithmetic errors. (g) The provisions of paragraph 2.46 of the Guidelines shall fully apply and, more specifically, bids shall not be disclosed to persons other than the persons officially charged with the task of comparing and/or evaluating the bids while they are performing their official duties, without the corresponding bidder’s written authorization. Moreover, bidders shall not be required to provide such authorization as a condition to be entitled to bid. This confidentiality requirement shall apply until the award of contract is notified to the successful bidder. Thereafter, confidentiality of the bids shall be limited to those bid portions for which confidentiality has been specifically requested by the bidder in question.

National Competitive Bidding. Goods estimated to cost less than $300,000 equivalent per contract and works estimated to cost less than $5,000,000 equivalent per contractExcept as otherwise provided in paragraph 2 below, may goods shall be procured under contracts awarded on the basis of National Competitive Bidding, Bidding subject to the following additional provisionsprocedures: (ai) Before issuing any invitation public enterprises in parts of the West Bank and Gaza under the jurisdiction of the Palestinian Authority shall be eligible to bidparticipate in bidding only if they can establish that they are legally and financially autonomous, operate under commercial law, and are not a dependent agency of the Palestinian Authority; (ii) foreign bidders shall be eligible to participate under the same conditions as local bidders. In particular, no preference over foreign bidders shall be granted to local bidders in bid evaluation; (iii) invitations to bid shall be advertised on at least two (2) consecutive days in a local newspaper of wide circulation, and prospective bidders shall be allowed a minimum of thirty (30) days between the date on which the notification appears for the first time and the deadline for bid submission. With the specific approval of the World Bank, this minimum period of 30 days may be reduced to a minimum period of 10 days in the case of emergency operations; (iv) until standard bidding documents acceptable to the World Bank have been introduced by the Project Implementing Entity, the Borrower standard bidding documents of the World Bank shall use, or cause to be used, standard ; (v) qualification criteria shall be clearly specified in the bidding documents, as approved by the Bank for bidding under the Project and incorporated in the Operational Manual (the “Standard Bidding Documents”)all criteria so specified, and only criteria so specified, shall be used to determine whether a bidder is qualified. 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 Borrower’s territory, will be treated equally and, particularly, no preference will be granted to any bidder or group Bids of bidders for bid evaluation purposes. Bidders not meeting such criteria shall be allowed to submit their bids by hand rejected as non-qualified. The fact that a bidder meets or through surpasses the post office or private mailing services. There specified qualification criteria shall not be any requirement for any bidder taken into account in the evaluation of such bidder’s bid; (vi) evaluation criteria shall be clearly specified in the bidding documents, and all evaluation criteria other than price shall be quantified in monetary terms. All evaluation criteria so specified, and only criteria so specified, shall be used in bid evaluation. Merit points shall not be used in bid evaluation; (vii) if classification of contractors is required, contractors that have not yet been classified but meet the required qualifications shall be enabled to show evidence of obtain the bidder's registration necessary classification during the bidding procedure. Any contractor that has been classified in a class higher than the lowest class shall not be restricted to bidding in his own class but shall be eligible also to bid in any public registry, chamber of commerce or similar entity, whether in the Borrower’s territory or elsewhere, or to appoint a representative domiciled in Borrower’s territory, unless and until such bidder is awarded the corresponding contract.lower class; (cviii) Bids bids shall be submitted in sealed envelopes and shall be accepted whether mailed or hand-carried; (ix) bids shall be opened in a public meeting the presence of bidders who wish to which bidders attend, and their representatives immediately after the deadline for bid submission. Said deadline, and the place of bid opening, shall be allowed announced in the invitation to attend if they so wishbid. DateThe name of each bidder, time and place for the opening meeting amount of his bid, shall be set forth read aloud and recorded when opened in the minutes of bid opening. The minutes of bid opening shall be signed by the members of the bid opening committee immediately after bid opening; (x) bids received after the deadline for bid submission shall be returned to the bidders unopened; (xi) a bid containing material deviations from or reservations to the terms, conditions and specifications of the bidding documents shall be rejected as not substantially responsive. A bidder shall not be permitted to withdraw material deviations or reservations once bids have been opened; (xii) the bid evaluation shall be carried out in strict adherence to the criteria specified in the bidding documents. Bid opening , and the contract shall coincide withbe awarded to the qualified bidder offering the lowest evaluated and substantially responsive bid; (xiii) a bidder shall not be required, or take place promptly afteras a condition for award, the final date and time of the period for bid submission stipulated to undertake obligations not specified in the bidding documents.documents or otherwise to modify his bid as originally submitted; and (dxiv) Each bid there 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 no post-bidding negotiations with 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 or 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 correction of arithmetic errorsother bidder.

National Competitive Bidding. Goods estimated to cost less than $300,000 1,000,000 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, subject to 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 by the Bank for bidding under the Project and incorporated in the Project Operational Manual (the “Standard Bidding Documents”). 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 Borrower’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 Borrower’s territory or elsewhere, or to appoint a representative domiciled in Borrower’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 correction of arithmetic errors. (e) The provisions of paragraph 2.46 of the Guidelines shall fully apply and, more specifically, bids shall not be disclosed to persons other than the persons officially charged with the task of comparing and/or evaluating the bids while they are performing their official duties, without the corresponding bidder's written authorization. Moreover, bidders shall not be required to provide such authorization as a condition to be entitled to bid. This confidentiality requirement shall apply until the award of contract is notified to the successful bidder. Thereafter, confidentiality of the bids shall be limited to those bid portions for which confidentiality has been specifically requested by the bidder in question. The Borrower shall repay the principal amount of the Loan in full on February 15, 2028.