of the Notice of Intent to Award shall not constitute the formation of a contract between the Purchaser and the successful Bidder and no legal or equitable rights will be created through the delivery of the Notice of Intent to Award. At the same time it issues the Notice of Intent to Award, the Purchaser shall also notify, in writing, all other Bidders of the results of the bidding. The Purchaser shall promptly respond in writing to any unsuccessful Bidder who, after receiving notification of the bidding results, makes a written request for a debriefing as provided in the MCC Program Procurement Guidelines, or submits a formal Bid challenge. Bidders may challenge the results of a procurement only Bid Challenges according to the rules established in the Bid Challenge System developed by the Purchaser and approved by MCC. The rules and provisions of the Bid Challenge System are as published on the Purchaser’s website indicated in the BDS. Signing of Upon expiration of the period for timely filing and the Contract resolution of any Bid challenges that are submitted, the Purchaser shall send the Notification of Award to the successful Bidder. The Notification of Award shall include the Contract Forms for the review and signature of the successful Bidder. Within (28) days of receipt of the Contract, the successful Bidder shall sign, date, and return the Contract to the Purchaser along with the Performance Security in accordance with GCC Clause 18, the certification of Compliance with Terrorist Financing Legislation and other Restrictions, in accordance with Clause G of the Additional Provisions at Annex A to the Contract.. Within twenty-eight (28) days of receipt of the Notification Performance Security of Award from the Purchaser, the successful Bidder shall furnish a Performance Security in accordance with GCC Clause 18, using for that purpose the Performance Security Form included in Part 3. Conditions of Contract and Contract Forms. Failure of the successful Bidder to submit the Performance Security or to sign the Contract in accordance with ITB 43.3 shall constitute sufficient grounds for the annulment of the award and forfeiture of the Bid Security. In that event the Purchaser may award the Contract to the next lowest evaluated Bidder, whose offer is substantially
of the Notice of Intent to Award shall not constitute the formation of a contract between the Purchaser and the successful Bidder and no legal or equitable rights will be created through the delivery of the Notice of Intent to Award. At the same time it issues the Notice of Intent to Award, the Purchaser shall also notify, in writing, all other Bidders of the results of the bidding. The Purchaser shall promptly respond in writing to any unsuccessful Bidder who, after receiving notification of the bidding results, makes a written request for a debriefing as provided in the MCC Program Procurement Guidelines, or submits a formal Bid challenge. Bid Challenges Bidders may challenge the results of a procurement only according to the rules established in the Bid Challenge System developed by the Purchaser and approved by MCC. The rules and provisions of the Bid Challenge System are as published on the Purchaser’s website indicated in the BDS. Signing of Contract Upon expiration of the period for timely filing and the resolution of any Bid challenges that are submitted, the Purchaser shall send the Notification of Award to the successful Bidder. The Notification of Award shall include the Contract Forms for the review and signature of the successful Bidder. Within (28) days of receipt of the Contract, the successful Bidder shall sign, date, and return the Contract to the Purchaser along with the Performance Security in accordance with GCC Clause 18, the certification of Compliance with Terrorist Financing Legislation and other Restrictions, in accordance with Clause G of the Additional Provisions at Annex A to the Contract.. Performance Security Within twenty-eight (28) days of receipt of the Notification of Award from the Purchaser, the successful Bidder shall furnish a Performance Security in accordance with GCC Clause 18, using for that purpose the Performance Security Form included in Part 3. Conditions of Contract and Contract Forms. Failure of the successful Bidder to submit the Performance Security or to sign the Contract in accordance with ITB 43.3 shall constitute sufficient grounds for the annulment of the award and forfeiture of the Bid Security. In that event the Purchaser may award the Contract to the next lowest evaluated Bidder, whose offer is substantially
sbd-non-consulting-services.docx