Conversion to Single Currency definition
Conversion to Single Currency. To facilitate evaluation and comparison, the UNDP will convert all Bid Prices expressed in the amounts in various currencies in which the Bid Prices are payable to US dollars at the official UN exchange rate on the last day for Submission of Bids. Evaluation of Bids: Determination of compliance with the Solicitation Documents is based on the content of the Bid itself without recourse to extrinsic evidence.
Examples of Conversion to Single Currency in a sentence
Conversion to Single Currency For evaluation and comparison purposes, the currency(ies) of the Tender shall be converted in a single currency as specified in the TDS.
Failure to accept the correction in accordance with ITB 35.1, shall result in the rejection of the Bid 36 Conversion to Single Currency For evaluation and comparison purposes, the currency(ies) of the Bid shall be converted into a single currency as specified in the BDS.