Common use of Procedures for National Competitive Bidding Clause in Contracts

Procedures for National Competitive Bidding. When procuring goods and non-consultant’s services pursuant to the provisions of Rules 4 to 15, 17, 20 to 26, 29, 30, 41 to 45 of the Project Implementing Entity’s Public Procurement Rules (2010) (SROI (SGA&CD) 2-30/2010), as agreed to with the Association, the Recipient shall ensure that the following additional requirements be applied in order to align such procedures with the Procurement Guidelines: Invitations to bid shall be advertised in at least one (1) national newspaper with a wide circulation, at least thirty (30) days prior to the deadline for the submission of bids; Bid documents shall be made available, by mail or in person, to all who are willing to pay the required fee; Foreign bidders shall not be precluded from bidding and no preference of any kind shall be given to national bidders in the bidding process; Bidding shall not be restricted to pre-registered firms; Qualification criteria shall be stated in the bidding documents; Bids shall be opened in public, immediately after the deadline for submission of bids; Single bids shall also be considered for evaluation; Estimates shall be based on market rates and bids shall not be rejected merely on the basis of a comparison with an official estimate without the prior concurrence of the Association; Before rejecting all bids and soliciting new bids, the Association’s prior concurrence shall be obtained; Contracts shall not be awarded on the basis of nationally negotiated rates; Contracts shall be awarded to the lowest evaluated and qualified bidder; Post-bidding price negotiations shall not be allowed with the lowest evaluated or any other bidders; Bids shall be solicited and contracts shall be awarded on the basis of unit prices and not on the basis of a composite schedule of rates; Draft NCB contract would be reviewed by the Association in accordance with the prior review procedures; A firm declared ineligible by the Association, based on a determination by the Association that the firm has engaged in corrupt, fraudulent, collusive, coercive or obstructive practices in competing for or in executing an Association-financed contract, shall be ineligible to be awarded an Association-financed contract during the period of time determined by the Association; and Each contract financed from the proceeds of a Credit shall provide that the suppliers, contractors and subcontractors shall permit the Association, at its request to inspect their account and records audited by auditors appointed by the Association. The deliberate and material violation by the supplier, contractor or subcontractor of such provision may amount to obstructive practice.

Appears in 1 contract

Samples: Financing Agreement

AutoNDA by SimpleDocs

Procedures for National Competitive Bidding. When The procedures to be followed for procuring goods and non-consultantworks under contracts awarded on the basis of National Competitive Bidding shall be those set forth in the Law on Tendering and Bidding of the People’s services pursuant to Republic of China promulgated by Order No.21 of the provisions President of Rules 4 to 15, 17, 20 to 26, 29, the People’s Republic of China on August 30, 41 to 45 of the Project Implementing Entity’s Public Procurement Rules (2010) (SROI (SGA&CD) 2-30/2010)1999, as agreed to with the Association, the Recipient shall ensure that the following additional requirements be applied in order to align such procedures clarifications required for compliance with the Procurement Guidelines: Invitations . All invitations to prequalify or to bid shall be advertised in at least one (1) a newspaper of national newspaper with circulation in the Borrower’s country, except contracts for works estimated to cost less than $2,000,000 equivalent each or goods contracts that are estimated to cost less than $300,000 equivalent each, which may be advertised in a wide circulationprovincial daily newspaper. 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, at least a minimum of thirty (30) days prior to the deadline for the submission of bids; Bid documents shall be made available, by mail or in person, to all who are willing to pay the required fee; Foreign bidders shall not be precluded from bidding and no preference of any kind shall be given to national bidders between the date of advertisement in the bidding process; Bidding shall not be restricted to pre-registered firms; Qualification criteria shall be stated in the bidding documents; Bids shall be opened in public, immediately after such newspaper and the deadline for submission of bids; Single , and the advertisement 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 specified in detail in the bidding documents. All bidders that meet the qualification criteria set out in the pre-qualification 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 security in an amount sufficient to protect Anhui, Chongqing, Guangxi and Hubei in case of breach of contract by the contractor, and the bidding documents shall specify the required form and amount of such security. Bidders will be allowed to submit bids by mail or by hand. The time for opening of all bids shall also be considered the same as the deadline for evaluation; Estimates receipt of such bids. All bids shall be based on market rates and bids opened in public; all bidders shall be afforded an opportunity to be present (either in person or through their representatives) at the time of bid opening, but bidders shall not be required to be present at the bid opening. All bid evaluation criteria shall be disclosed in the bidding documents and quantified in monetary terms or expressed in the form of pass/fail requirements. No bid may be rejected merely solely on the basis that the bid price falls outside any standard contract estimate, or margin or bracket of a comparison with an official estimate without the prior concurrence of the Association; Before rejecting all average bids established by Anhui, Chongqing, Guangxi and soliciting new bids, the Association’s prior concurrence shall be obtained; Contracts shall not be awarded on the basis of nationally negotiated rates; Contracts Hubei. Each contract shall be awarded to the lowest evaluated responsive bidder, that is, the bidder who meets the appropriate standards of capability and qualified bidderresources and whose bid has been determined: (A) to be substantially responsive to the bidding documents; Post-bidding price negotiations and (B) to offer the lowest evaluated cost. The winning bidder shall not be allowed with required, as a condition of award, to undertake responsibilities for work not stipulated in the lowest evaluated bidding documents or any other bidders; Bids shall be solicited and contracts shall be awarded on otherwise to modify the basis of unit prices and not on the basis of a composite schedule of rates; Draft NCB contract would be reviewed by the Association in accordance with the prior review procedures; A firm declared ineligible by the Association, based on a determination by the Association that the firm has engaged in corrupt, fraudulent, collusive, coercive or obstructive practices in competing for or in executing an Association-financed contract, shall be ineligible to be awarded an Association-financed contract during the period of time determined by the Association; and bid as originally submitted. Each contract financed from with the proceeds of a Credit the Loan shall provide that the suppliers, suppliers and contractors and subcontractors shall permit the AssociationBank, at its request request, to inspect their account accounts and records relating to the performance of the contract and to have said accounts and records audited by auditors appointed by the AssociationBank. The deliberate Government owned enterprises in the Borrower’s country may be permitted to bid or submit a proposal for goods if they can establish that they: (A) are legally and material violation by financially autonomous; (B) operate under commercial law; and (C) are not a dependent agency of the supplier, contractor or subcontractor agency conducting the procurement. Re-bidding should not be allowed solely because the number of such provision may amount to obstructive practicebids is less than three (3).

Appears in 1 contract

Samples: Loan Agreement

Procedures for National Competitive Bidding. When The procedures to be followed for procuring goods and non-consultantworks under contracts awarded on the basis of National Competitive Bidding shall be those set forth in the Law on Tendering and Bidding of the People’s services pursuant to Republic of China promulgated by Order No.21 of the provisions President of Rules 4 to 15, 17, 20 to 26, 29, the People’s Republic of China on August 30, 41 to 45 of the Project Implementing Entity’s Public Procurement Rules (2010) (SROI (SGA&CD) 2-30/2010)1999, as agreed to with the Association, the Recipient shall ensure that the following additional requirements be applied in order to align such procedures clarifications required for compliance with the Procurement Guidelines: Invitations All invitations to prequalify or to bid shall be advertised in at least one (1) a newspaper of national newspaper with circulation in the Borrower’s country, except contracts for works estimated to cost less than $2,000,000 equivalent each or goods contracts that are estimated to cost less than $300,000 equivalent each, which may be advertised in a wide circulationprovincial daily newspaper. 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, at least a minimum of thirty (30) days prior to the deadline for the submission of bids; Bid documents shall be made available, by mail or in person, to all who are willing to pay the required fee; Foreign bidders shall not be precluded from bidding and no preference of any kind shall be given to national bidders between the date of advertisement in the bidding process; Bidding shall not be restricted to pre-registered firms; Qualification criteria shall be stated in the bidding documents; Bids shall be opened in public, immediately after such newspaper and the deadline for submission of bids; Single , and the advertisement 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 specified in detail in the bidding documents. All bidders that meet the qualification criteria set out in the pre-qualification 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 security in an amount sufficient to protect Qinghai in case of breach of contract by the contractor, and the bidding documents shall specify the required form and amount of such security. Bidders will be allowed to submit bids by mail or by hand. The time for opening of all bids shall also be considered the same as the deadline for evaluation; Estimates receipt of such bids. All bids shall be based on market rates and bids opened in public; all bidders shall be afforded an opportunity to be present (either in person or through their representatives) at the time of bid opening, but bidders shall not be required to be present at the bid opening. All bid evaluation criteria shall be disclosed in the bidding documents and quantified in monetary terms or expressed in the form of pass/fail requirements. No bid may be rejected merely solely on the basis that the bid price falls outside any standard contract estimate, or margin or bracket of a comparison with an official estimate without average bids established by the prior concurrence of the Association; Before rejecting all bids and soliciting new bids, the Association’s prior concurrence shall be obtained; Contracts shall not be awarded on the basis of nationally negotiated rates; Contracts Borrower or Project Implementing Entity. Each contract shall be awarded to the lowest evaluated responsive bidder, that is, the bidder who meets the appropriate standards of capability and qualified bidderresources and whose bid has been determined: (A) to be substantially responsive to the bidding documents; Post-bidding price negotiations and (B) to offer the lowest evaluated cost. The winning bidder shall not be allowed with required, as a condition of award, to undertake responsibilities for work not stipulated in the lowest evaluated bidding documents or any other bidders; Bids shall be solicited and contracts shall be awarded on otherwise to modify the basis of unit prices and not on the basis of a composite schedule of rates; Draft NCB contract would be reviewed by the Association in accordance with the prior review procedures; A firm declared ineligible by the Association, based on a determination by the Association that the firm has engaged in corrupt, fraudulent, collusive, coercive or obstructive practices in competing for or in executing an Association-financed contract, shall be ineligible to be awarded an Association-financed contract during the period of time determined by the Association; and bid as originally submitted. Each contract financed from with the proceeds of a Credit the Loan shall provide that the suppliers, suppliers and contractors and subcontractors shall permit the AssociationBank, at its request request, to inspect their account accounts and records relating to the performance of the contract and to have said accounts and records audited by auditors appointed by the AssociationBank. Government owned enterprises in the Borrower’s country may be permitted to bid or submit a proposal for goods 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 the procurement. Re-bidding should not be allowed solely because the number of bids is less than three (3), and rejection of all bids or rebidding shall not take place without the Bank’s prior written concurrence. The deliberate results of bid evaluation and material violation by contract award shall be published in the suppliernational press or provincial press (as provided under 3(i) above) or official gazette or a free and open access website and shall identify the name and offered price of the winning bidder, contractor or subcontractor as well as the duration and summary scope of such provision may amount the awarded contract. Qinghai shall have in place provisions for bidders to obstructive practiceprotest.

Appears in 1 contract

Samples: Loan Agreement

Procedures for National Competitive Bidding. When The procedures to be followed for procuring goods and non-consultantworks under contracts awarded on the basis of National Competitive Bidding shall be those set forth in the Law on Tendering and Bidding of the People’s services pursuant to Republic of China promulgated by Order No.21 of the provisions President of Rules 4 to 15, 17, 20 to 26, 29, the People’s Republic of China on August 30, 41 to 45 of the Project Implementing Entity’s Public Procurement Rules (2010) (SROI (SGA&CD) 2-30/2010)1999, as agreed to with the Association, the Recipient shall ensure that the following additional requirements be applied in order to align such procedures clarifications required for compliance with the Procurement Guidelines: Invitations All invitations to prequalify or to bid shall be advertised in at least one (1) a newspaper of national newspaper with circulation in the Borrower’s country, except works contracts that are estimated to cost more than $100,000 equivalent but less than $2,000,000 equivalent each or goods contracts that are estimated to cost less than $300,000 equivalent each, which may be advertised in a wide circulationprovincial daily newspaper. 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, at least a minimum of thirty (30) days prior to the deadline for the submission of bids; Bid documents shall be made available, by mail or in person, to all who are willing to pay the required fee; Foreign bidders shall not be precluded from bidding and no preference of any kind shall be given to national bidders between the date of advertisement in the bidding process; Bidding shall not be restricted to pre-registered firms; Qualification criteria shall be stated in the bidding documents; Bids shall be opened in public, immediately after such newspaper and the deadline for submission of bids; Single , and the advertisement 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 specified in detail in the bidding documents. All bidders that meet the qualification criteria set out in the pre-qualification 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 security in an amount sufficient to protect the employer in case of breach of contract by the contractor, and the bidding documents shall specify the required form and amount of such security. In place of a bid security, the bidding documents may require that a bidder submit with its bid a signed declaration that, if the bidder withdraws its bid during the bid validity period or, if awarded the contract, the bidder fails to sign the contract or submit any required performance security before the deadline required in the bidding documents, the bidder will be suspended for a period of two (2) years from being awarded any contract with the Borrower or the Project Implementing Entity (Anhui), including any of their departments, agencies or administrative units. Bidders will be allowed to submit bids by mail or by hand. The time for opening of all bids shall also be considered the same as the deadline for evaluation; Estimates receipt of such bids. All bids shall be based on market rates and bids opened in public; all bidders shall be afforded an opportunity to be present (either in person or through their representatives) at the time of bid opening, but bidders shall not be required to be present at the bid opening. All bid evaluation criteria shall be disclosed in the bidding documents and quantified in monetary terms or expressed in the form of pass/fail requirements. No bid may be rejected merely solely on the basis that the bid price falls outside any standard contract estimate, or margin or bracket of a comparison with an official estimate without average bids established by the prior concurrence of the Association; Before rejecting all bids and soliciting new bids, the Association’s prior concurrence shall be obtained; Contracts shall not be awarded on the basis of nationally negotiated rates; Contracts Borrower or Project Implementing Entity (Anhui). Each contract shall be awarded to the lowest evaluated responsive bidder, that is, the bidder who meets the appropriate standards of capability and qualified bidderresources and whose bid has been determined: (A) to be substantially responsive to the bidding documents; Post-bidding price negotiations and (B) to offer the lowest evaluated cost. The winning bidder shall not be allowed with required, as a condition of award, to undertake responsibilities for work not stipulated in the lowest evaluated bidding documents or any other bidders; Bids shall be solicited and contracts shall be awarded on otherwise to modify the basis of unit prices and not on the basis of a composite schedule of rates; Draft NCB contract would be reviewed by the Association in accordance with the prior review procedures; A firm declared ineligible by the Association, based on a determination by the Association that the firm has engaged in corrupt, fraudulent, collusive, coercive or obstructive practices in competing for or in executing an Association-financed contract, shall be ineligible to be awarded an Association-financed contract during the period of time determined by the Association; and bid as originally submitted. Each contract financed from with the proceeds of a Credit the Loan shall provide that the suppliers, suppliers and contractors and subcontractors shall permit the AssociationBank, at its request request, to inspect their account accounts and records relating to the performance of the contract and to have said accounts and records audited by auditors appointed by the AssociationBank. Government owned enterprises in the Borrower’s territory may be permitted to bid or submit a proposal for goods 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 the procurement. Re-bidding should not be allowed solely because the number of bids is less than three (3), and rejection of all bids or rebidding shall not take place without the Bank’s prior written concurrence. The deliberate results of bid evaluation and material violation by contract award shall be published in the suppliernational press or provincial press or official gazette or a free and open access website and shall identify the name and offered price of the winning bidder, contractor or subcontractor as well as the duration and summary scope of such provision may amount the awarded contract. The Project Implementing Entity (Anhui) shall have in place provisions for bidders to obstructive practiceprotest.

Appears in 1 contract

Samples: Loan Agreement

AutoNDA by SimpleDocs

Procedures for National Competitive Bidding. When The procedures to be followed for procuring goods and non-consultantworks under contracts awarded on the basis of National Competitive Bidding shall be those set forth in the Law on Tendering and Bidding of the People’s services pursuant to Republic of China promulgated by Order No.21 of the provisions President of Rules 4 to 15, 17, 20 to 26, 29, the People’s Republic of China on August 30, 41 to 45 of the Project Implementing Entity’s Public Procurement Rules (2010) (SROI (SGA&CD) 2-30/2010)1999, as agreed to with the Association, the Recipient shall ensure that the following additional requirements be applied in order to align such procedures clarifications required for compliance with the Procurement Guidelines: Invitations All invitations to prequalify or to bid shall be advertised in at least one (1) a newspaper of national newspaper with circulation in the Borrower’s country, except works contracts that are estimated to cost more than US$200,000 equivalent but less than US$2,000,000 equivalent each or goods contracts that are estimated to cost more than US$100,000 equivalent but less than $300,000 equivalent each, which may be advertised in a wide circulationprovincial daily newspaper. 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, at least a minimum of thirty (30) days prior to the deadline for the submission of bids; Bid documents shall be made available, by mail or in person, to all who are willing to pay the required fee; Foreign bidders shall not be precluded from bidding and no preference of any kind shall be given to national bidders between the date of advertisement in the bidding process; Bidding shall not be restricted to pre-registered firms; Qualification criteria shall be stated in the bidding documents; Bids shall be opened in public, immediately after such newspaper and the deadline for submission of bids; Single , and the advertisement 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 specified in detail in the bidding documents. All bidders that meet the qualification criteria set out in the pre-qualification 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 security in an amount sufficient to protect the employer in case of breach of contract by the contractor, and the bidding documents shall specify the required form and amount of such security. In place of a bid security, the bidding documents may requires that a bidder submit with its bid a signed declaration that, if the bidder withdraws its bid during the bid validity period or, if awarded the contract, the bidder fails to sign the contract or submit any required performance security before the deadline required in the bidding documents, the bidder will be suspended for a period of two years from being awarded any contract with the Borrower or Henan, including any of their departments, agencies or administrative units. Bidders will be allowed to submit bids by mail or by hand. The time for opening of all bids shall also be considered the same as the deadline for evaluation; Estimates receipt of such bids. All bids shall be based on market rates and bids opened in public; all bidders shall be afforded an opportunity to be present (either in person or through their representatives) at the time of bid opening, but bidders shall not be required to be present at the bid opening. All bid evaluation criteria shall be disclosed in the bidding documents and quantified in monetary terms or expressed in the form of pass/fail requirements. No bid may be rejected merely solely on the basis that the bid price falls outside any standard contract estimate, or margin or bracket of a comparison with an official estimate without average bids established by the prior concurrence of the Association; Before rejecting all bids and soliciting new bids, the Association’s prior concurrence shall be obtained; Contracts shall not be awarded on the basis of nationally negotiated rates; Contracts Borrower or Henan. Each contract shall be awarded to the lowest evaluated responsive bidder, that is, the bidder who meets the appropriate standards of capability and qualified bidderresources and whose bid has been determined: (A) to be substantially responsive to the bidding documents; Post-bidding price negotiations and (B) to offer the lowest evaluated cost. The winning bidder shall not be allowed with required, as a condition of award, to undertake responsibilities for work not stipulated in the lowest evaluated bidding documents or any other bidders; Bids shall be solicited and contracts shall be awarded on otherwise to modify the basis of unit prices and not on the basis of a composite schedule of rates; Draft NCB contract would be reviewed by the Association in accordance with the prior review procedures; A firm declared ineligible by the Association, based on a determination by the Association that the firm has engaged in corrupt, fraudulent, collusive, coercive or obstructive practices in competing for or in executing an Association-financed contract, shall be ineligible to be awarded an Association-financed contract during the period of time determined by the Association; and bid as originally submitted. Each contract financed from with the proceeds of a Credit the Loan shall provide that the suppliers, suppliers and contractors and subcontractors shall permit the AssociationBank, at its request request, to inspect their account accounts and records relating to the performance of the contract and to have said accounts and records audited by auditors appointed by the AssociationBank. Government owned enterprises in the Borrower’s country may be permitted to bid or submit a proposal for goods and civil works 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 the procurement. Re-bidding should not be allowed solely because the number of bids is less than three (3), and rejection of all bids or rebidding shall not take place without the Bank’s prior written concurrence. The deliberate results of bid evaluation and material violation by contract award shall be published in the supplier, contractor national press or subcontractor provincial press (based on the criteria provided in clause (i) of such provision may amount this paragraph 3) or official gazette or free and open access website and shall identify: (a) the name of each bidder who submitted a bid; (b) bid prices as read out at bid opening; (c) the name and evaluated price of each evaluated bid; (d) the name of bidders who bids were rejected and the reasons for their rejection; and (e) the name and offered prices of the winning bidder as well as the duration and summary scope of the awarded contract. Henan shall have in place provisions for bidders to obstructive practiceprotest.

Appears in 1 contract

Samples: Loan Agreement

Procedures for National Competitive Bidding. When The procedures to be followed for procuring goods and non-consultantworks under contracts awarded on the basis of National Competitive Bidding shall be those set forth in the Law on Tendering and Bidding of the People’s services pursuant to Republic of China promulgated by Order No.21 of the provisions President of Rules 4 to 15, 17, 20 to 26, 29, the People’s Republic of China on August 30, 41 to 45 of the Project Implementing Entity’s Public Procurement Rules (2010) (SROI (SGA&CD) 2-30/2010)1999, as agreed to with the Association, the Recipient shall ensure that the following additional requirements be applied in order to align such procedures clarifications required for compliance with the Procurement Guidelines: Invitations . All invitations to prequalify or to bid shall be advertised in at least one (1) a newspaper of national newspaper with circulation in the Borrower’s country, except works contracts that are estimated to cost more than US$100,000 equivalent but less than US$2,000,000 equivalent each or goods contracts that are estimated to cost less than US$300,000 equivalent each, which may be advertised in a wide circulationprovincial daily newspaper. 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, at least a minimum of thirty (30) days prior to the deadline for the submission of bids; Bid documents shall be made available, by mail or in person, to all who are willing to pay the required fee; Foreign bidders shall not be precluded from bidding and no preference of any kind shall be given to national bidders between the date of advertisement in the bidding process; Bidding shall not be restricted to pre-registered firms; Qualification criteria shall be stated in the bidding documents; Bids shall be opened in public, immediately after such newspaper and the deadline for submission of bids; Single , and the advertisement 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 specified in detail in the bidding documents. All bidders that meet the qualification criteria set out in the pre-qualification 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 security in an amount sufficient to protect the employer in case of breach of contract by the contractor, and the bidding documents shall specify the required form and amount of such security. In place of a bid security, the bidding documents may requires that a bidder submit with its bid a signed declaration that, if the bidder withdraws its bid during the bid validity period or, if awarded the contract, the bidder fails to sign the contract or submit any required performance security before the deadline required in the bidding documents, the bidder will be suspended for a period of two years from being awarded any contract with the Borrower or Ningxia, including any of their departments, agencies or administrative units. Bidders will be allowed to submit bids by mail or by hand. The time for opening of all bids shall also be considered the same as the deadline for evaluation; Estimates receipt of such bids. All bids shall be based on market rates and bids opened in public; all bidders shall be afforded an opportunity to be present (either in person or through their representatives) at the time of bid opening, but bidders shall not be required to be present at the bid opening. All bid evaluation criteria shall be disclosed in the bidding documents and quantified in monetary terms or expressed in the form of pass/fail requirements. No bid may be rejected merely solely on the basis that the bid price falls outside any standard contract estimate, or margin or bracket of a comparison with an official estimate without average bids established by the prior concurrence of the Association; Before rejecting all bids and soliciting new bids, the Association’s prior concurrence shall be obtained; Contracts shall not be awarded on the basis of nationally negotiated rates; Contracts Borrower or Ningxia. Each contract shall be awarded to the lowest evaluated responsive bidder, that is, the bidder who meets the appropriate standards of capability and qualified bidderresources and whose bid has been determined: (A) to be substantially responsive to the bidding documents; Post-bidding price negotiations and (B) to offer the lowest evaluated cost. The winning bidder shall not be allowed with required, as a condition of award, to undertake responsibilities for work not stipulated in the lowest evaluated bidding documents or any other bidders; Bids shall be solicited and contracts shall be awarded on otherwise to modify the basis of unit prices and not on the basis of a composite schedule of rates; Draft NCB contract would be reviewed by the Association in accordance with the prior review procedures; A firm declared ineligible by the Association, based on a determination by the Association that the firm has engaged in corrupt, fraudulent, collusive, coercive or obstructive practices in competing for or in executing an Association-financed contract, shall be ineligible to be awarded an Association-financed contract during the period of time determined by the Association; and bid as originally submitted. Each contract financed from with the proceeds of a Credit the Loan shall provide that the suppliers, suppliers and contractors and subcontractors shall permit the AssociationBank, at its request request, to inspect their account accounts and records relating to the performance of the contract and to have said accounts and records audited by auditors appointed by the AssociationBank. Government owned enterprises in the Borrower’s country may be permitted to bid or submit a proposal for goods 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 the procurement. Re-bidding should not be allowed solely because the number of bids is less than three (3), and rejection of all bids or rebidding shall not take place without the Bank’s prior written concurrence. The deliberate results of bid evaluation and material violation by contract award shall be published in the supplier, contractor national press or subcontractor provincial press (as provided in 3(i) above) or official gazette or free and open access website and shall identify: (a) the name of such provision may amount each bidder who submitted a bid; (b) bid prices as read out at bid opening; (c) the name and evaluated price of each evaluated bid; (d) the name of bidders who bids were rejected and the reasons for their rejection; and (e) the name and offered prices of the winning bidder as well as the duration and summary scope of the awarded contract. Ningxia shall have in place provisions for bidders to obstructive practiceprotest.

Appears in 1 contract

Samples: Loan Agreement

Time is Money Join Law Insider Premium to draft better contracts faster.