discounts offered in the Letter of Bid Financial Part, is specified in – Section III, Evaluation and Qualification Criteria. Correction of The e-procurement system automatically calculates the total amount from unit rates and quantities, and the system also automatically Arithmetical Errors populates the amount in words from the amount in figures, and therefore there is no scope of discrepancy and need for arithmetic correction. Conversion to Not used. Single Currency Margin of Not used. Preference Comparison of The Employer shall compare the evaluated costs of all substantially Financial Parts responsive Bids established in accordance with ITB 35.1 to of Bids determine the Bid that has the lowest evaluated cost. Abnormally Not used. Low Bids Employer’s The Employer reserves the to accept or reject any Bid, and to Right to annul the Bidding process and reject all Bids at any time prior to Accept Any Contract Award, without thereby incurring any liability to Bidders. Bid, and to In case of annulment, all documents submitted and specifically, Bid Reject Any or securities, shall be promptly returned to the Bidders. All Bids Not used. Standstill Period Notification of Not used. Intention to Award J. Award of Contract Award Subject to ITB 41, the Employer shall award the Contract to the Criteria Bidder whose offer has been determined to be the lowest evaluated bid and is substantially responsive to the Bidding Document, provided further that the Bidder is determined to be qualified to perform the Contract satisfactorily. Notification of Prior to the expiration of the Bid Validity Period, the Employer shall Award notify the successful Bidder, in writing, that its Bid has been accepted. The notification of award (hereinafter and in the Conditions of Contract and Contract Forms called the of “Letter Acceptance”) shall specify the sum that the Employer will pay the
discounts offered in the Letter of Bid – Financial Part, is specified in Section III, Evaluation and Qualification Criteria. Correction of Arithmetical Errors The e-procurement system automatically calculates the total amount from unit rates and quantities, and the system also automatically populates the amount in words from the amount in figures, and therefore there is no scope of discrepancy and need for arithmetic correction. Conversion to Single Currency Not used. Margin of Preference Not used. Comparison of Financial Parts of Bids The Employer shall compare the evaluated costs of all substantially responsive Bids established in accordance with ITB 35.1 to determine the Bid that has the lowest evaluated cost. Abnormally Low Bids Not used. Employer’s Right to Accept Any Bid, and to Reject Any or All Bids The Employer reserves the to accept or reject any Bid, and to annul the Bidding process and reject all Bids at any time prior to Contract Award, without thereby incurring any liability to Bidders. In case of annulment, all documents submitted and specifically, Bid securities, shall be promptly returned to the Bidders. Standstill Period Not used. Notification of Intention to Award Not used. J. Award of Contract Award Criteria Subject to ITB 41, the Employer shall award the Contract to the Bidder whose offer has been determined to be the lowest evaluated bid and is substantially responsive to the Bidding Document, provided further that the Bidder is determined to be qualified to perform the Contract satisfactorily. Notification of Award Prior to the expiration of the Bid Validity Period, the Employer shall notify the successful Bidder, in writing, that its Bid has been accepted. The notification of award (hereinafter and in the Conditions of Contract and Contract Forms called the “Letter of Acceptance”) shall specify the sum that the Employer will pay the
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