Common use of Tender Management Clause in Contracts

Tender Management. As per the Recipient Agreement, the Recipient will be required to tender a percentage of LBI funding received to ensure good value for the investment activity / project work to be completed. There are a number of acceptable methods to achieve this requirement including open tendering and select invitation. These requirements for tendering, including the tendering percentage, will be provided by PwC in each specific fiscal year. Non-conformance to this policy may lead to cancellation of the Recipient Agreement and repayment of funds by the Recipient which in the sole discretion of PwC are deemed as unacceptable. Response Guidelines Explain how the Proponent intends to manage a program of tendering during the fiscal year. Be sure to address past experience in administering and delivering such a program and other considerations that the Proponent feels must be taken into consideration in such a tendering situation. Conflict of Interest There is an inherent potential conflict of interest, to the extent that the Proponent has an existing relationship with sub-contractors and potential sub-contractors, as certain decisions to be made by the Proponent may have the potential to benefit or negatively affect any existing business relationships. It will therefore be necessary to establish mechanisms to address this potential conflict. As the Proponent will be required to tender out specific works to other sub-contractors, then a clear and accountable process must be established to avoid perceptions of any conflict in project work awarded. Response Guidelines Describe how the Proponent intends to recognize and manage any real or potential conflicts of interest with sub-contractors and the work contemplated.

Tender Management. As per the Recipient Agreement, the Recipient will be required to tender a percentage of LBI funding received to ensure good value for the investment activity / project work to be completed. There are a number of acceptable methods to achieve this requirement including open tendering and select invitation. These requirements for tendering, including the tendering percentage, will be provided by PwC in each specific fiscal year. Non-conformance to this policy may lead to cancellation of the Recipient Agreement and repayment of funds by the Recipient which in the sole discretion of PwC are deemed as unacceptable. Response Guidelines Explain how the Proponent intends to manage a program of tendering during the fiscal year. Be sure to address past experience in administering and delivering such a program and other considerations that the Proponent feels must be taken into consideration in such a tendering situation. Conflict of Interest Pric There is an inherent potential conflict of interest, to the extent that the Proponent has an existing relationship with sub-contractors and potential sub-contractors, as certain decisions to be made by the Proponent may have the potential to benefit or negatively affect any existing business relationships. It will therefore be necessary to establish mechanisms to address this potential conflict. As the Proponent will be required to tender out specific works to other sub-contractors, then a clear and accountable process must be established to avoid perceptions of any conflict in project work awarded. Response Guidelines Describe how the Proponent intends to recognize and manage any real or potential conflicts of interest with sub-contractors and the work contemplated.