prohibited practice subject to contract termination (as well as to a determination of ineligibility pursuant to the Bank’s prevailing sanctions procedures).” Sub-Clause 2.4 Employer’s Financial Arrangements The Sub-Clause is replaced with the following: Employer’s Financial Arrangements “2.4 The Employer submit, before the Commencement Date and thereafter within 28 days after receiving any request from the Contractor, reasonable evidence that financial arrangements have been made and are being maintained which will enable the Employer to pay the Contract Price punctually (as estimated at that time) in accordance with Clause 14 [Contract Price and Payment]. Before the Employer makes any material change to his financial arrangements, the Employer shall give notice to the Contractor with detailed particulars. In addition, if the Bank has notified to the Borrower that the Bank has suspended disbursements under its loan, which finances in whole or in part the execution of the Works, the Employer shall give Notice of such suspension to the Contractor with detailed particulars, including the date of such notification, with a copy to the Employer’s Representative, within 7 days of the Borrower having received the suspension notification from the Bank. If alternative funds will be available in appropriate currencies to the Employer to continue making payments to the Contractor beyond a date 60 days after the date of Bank notification of the suspension, the Employer shall provide reasonable evidence in his Notice of the extent to which such funds will be available.” Sub-Clause 3.1 Employer’s Representative’s Duties and Authority Employer’s Representative’s Duties and Authority” “3.1 the following shall be added to the end of the third paragraph: Employer promptly inform the Contractor of any change “The to the authority attributed to the Employer’s Representative.” Paragraph 3.1(c) is followed by: “and any (d) act by the Employer’s Representative in response to a Contractor’s request except as otherwise expressly specified be notified in writing to the Contractor within 28 days of receipt.” The following provisions apply thereafter:
prohibited practice subject to contract termination (as well as to a determination of ineligibility pursuant to the Bank’s prevailing sanctions procedures).” Sub-Clause 2.4 Employer’s Financial Arrangements The Sub-Clause is replaced with the following: “2.4 Employer’s Financial Arrangements The Employer submit, before the Commencement Date and thereafter within 28 days after receiving any request from the Contractor, reasonable evidence that financial arrangements have been made and are being maintained which will enable the Employer to pay the Contract Price punctually (as estimated at that time) in accordance with Clause 14 [Contract Price and Payment]. Before the Employer makes any material change to his financial arrangements, the Employer shall give notice to the Contractor with detailed particulars. In addition, if the Bank has notified to the Borrower that the Bank has suspended disbursements under its loan, which finances in whole or in part the execution of the Works, the Employer shall give Notice of such suspension to the Contractor with detailed particulars, including the date of such notification, with a copy to the Employer’s Representative, within 7 days of the Borrower having received the suspension notification from the Bank. If alternative funds will be available in appropriate currencies to the Employer to continue making payments to the Contractor beyond a date 60 days after the date of Bank notification of the suspension, the Employer shall provide reasonable evidence in his Notice of the extent to which such funds will be available.” Sub-Clause 3.1 Employer’s Representative’s Duties and Authority “3.1 Employer’s Representative’s Duties and Authority” the following shall be added to the end of the third paragraph: “The Employer promptly inform the Contractor of any change to the authority attributed to the Employer’s Representative.” Paragraph 3.1(c) is followed by: “and (d) any act by the Employer’s Representative in response to a Contractor’s request except as otherwise expressly specified be notified in writing to the Contractor within 28 days of receipt.” The following provisions apply thereafter:
SPD-Request-for-Proposal-DesignBuildOperate-WTP-WWTP-OCT-2017.docx