Procurement procedure. The Borrower undertakes to purchase equipment, secure services and order works for the Project by acceptable procurement procedures complying, to the Bank's satisfaction, with its policy as described in its Guide to Procurement. The review procedures for remedies, as provided for in Serbian law, shall be available to any party having had an interest in obtaining a particular contract and who has been or risk being harmed by an alleged infringement.
Procurement procedure. The Borrower undertakes to, and shall require the Promoter to:
(i) purchase equipment, secure services and order works for the Project by acceptable procurement procedures complying, to the Bank's satisfaction, with the Bank’s Guide to Procurement. In particular, tender currencies will be the European Economic and Monetary Union Euro (EURO) and/or United States Dollar (USD) and/or Serbian Dinar (RSD). Payments under the contract shall be made by the Promoter to the account of the selected contractor in the currency or currencies in which their tender is expressed. Contractors who are residents of the Republic of Serbia and have bid in EUR or USD shall be paid in RSD – to the extent mandatory under local law – and according to the middle exchange rate of the National Bank of Serbia on the date of issuing the relevant invoice/proforma invoice;
(ii) ensure that all procurement documents are compliant with the Guide to Procurement, including by making any necessary adaptations to templates; and (iii) ensure that review procedures for remedies, as provided for in Serbian law, shall be available to any party having had an interest in obtaining a particular contract and who has been or risk being harmed by an alleged infringement. In respect of undertaking (ii) the Bank acknowledges that the Borrower has decided to use for the Project the templates annexed to the Practical Guide to the Contract Procedures for European Union External Action, subject to the necessary adaptations. Pursuant to section 3.4.5 of the Guide to Procurement the Bank may require, via prior written notice to the Borrower, that the latter applies the alternative procurement procedures, adapted templates and review procedures of another international financing institution for the award of contracts under one or more Project schemes which are jointly co-financed between the Bank and such international financing institution.
Procurement procedure. The Borrower shall purchase equipment, secure services and order works for the Project (a) in so far as they apply to it or to the Project, in accordance with European Union law in general and in particular with the relevant European Union Directives and (b) in so far as European Union Directives do not apply, by procurement procedures which, to the satisfaction of the Bank, respect the criteria of economy and efficiency and, in case of public contracts, the principles of transparency, equal treatment and non-discrimination on the basis of nationality.
Procurement procedure. The Borrower undertakes to purchase equipment, secure services and order works for the Project by acceptable procurement procedures complying, to the Bank's satisfaction, with its policy as described in its Guide to Procurement.
Procurement procedure. The Borrower shall, and shall ensure that the Promoter
(i) purchase equipment, secure services and order works for the Project by acceptable procurement procedures complying, to the Bank's satisfaction, with the Bank’s Guide to Procurement. In particular, tender currencies will be the European Economic and Monetary Union Euro (EURO) and/or United States Dollar (USD) and/or Serbian Dinar (RSD). Payments under the contract shall be made to the account of the selected contractor in the currency or currencies in which their tender is expressed. Contractors who are residents of the Republic of Serbia and have bid in EUR or USD shall be paid in RSD – to the extent mandatory under local law – and according to the middle exchange rate of the National Bank of Serbia on the date of issuing the relevant invoice/proforma invoice;
(ii) submit the detailed procurement plan for the whole operation before first disbursement and inform the Bank of any changes to the initial procurement plan; and (iii) consult with the Bank regarding the amendment of the contracts financed by the Bank and shall seek the Banks non-objection prior to entering into any material amendments to contracts financed by the Bank. The review procedures for remedies, as provided for in Serbian law, shall be available to any party having had an interest in obtaining a particular contract and who has been or risk being harmed by an alleged infringement.
Procurement procedure. The Borrower undertakes to, and shall require the Promoter to:
Procurement procedure. The Borrower shall, and shall ensure that the Promoter:
(a) purchase equipment, secure services and order works for the Project by acceptable procurement procedures complying, to the Bank's satisfaction, with the Bank’s Guide to Procurement. In particular, tender currencies will be the European Economic and Monetary Union Euro (EURO) and/or United States Dollar (USD) and/or Serbian Dinar (RSD). Payments under the contract shall be made to the account of the selected contractor in the currency or currencies in which their tender is expressed. Contractors who are residents of the Republic of Serbia and have bid in EUR or USD shall be paid in RSD – to the extent mandatory under local law – and according to the middle exchange rate of the National Bank of Serbia on the date of issuing the relevant invoice/proforma invoice;
(b) ensure that all procurement documents are compliant with the Guide to Procurement, including by making any necessary adaptations to templates;
(c) submit the detailed procurement plan for the whole operation before first disbursement and inform the Bank of any changes to the initial procurement plan;
Procurement procedure. The Borrower shall, and shall ensure that the Promoter
(i) purchase equipment, secure services and order works for the Project by acceptable procurement procedures complying, to the Bank's satisfaction, with its policy as described in its Guide to Procurement;
(ii) submit the detailed procurement plan before each allocation and will promptly inform the Bank of any changes to the initial procurement plan(s); and (iii) consult with the Bank regarding the amendment of the contracts financed by the Bank and shall seek the Banks non-objection prior to entering into any material amendments to contracts financed by the Bank. The review procedures for remedies, as provided for in Serbian law, shall be available to any party having had an interest in obtaining a particular contract and who has been or risk being harmed by an alleged infringement.
Procurement procedure. (a) The Borrower shall, and shall ensure that the Promoter will, purchase equipment, secure services and order works for the Project by acceptable procurement procedures complying, to the Bank's satisfaction, with its policy as described in its Guide to Procurement.
(b) The Borrower shall ensure that the tender dossiers for all contracts to be financed by the Bank under this Contract shall include an effective national mechanism for the remedy of complaints.
(c) The Borrower, and shall ensure that the Promoter will, promptly inform the Bank of any changes to the initial procurement plan.
Procurement procedure. The Promoter shall purchase equipment, secure services and order works for the Project by open international tender or other acceptable procurement procedure complying, to the Bank’s satisfaction, with its policy as described in its Procurement Guide in force at the date of this Contract.