E. of Contract ITB 46.2 The successful Bidder shall sign, date, and return the Contract Agreement to the Employer within [insert number of days] days. ITB 46.3 The successful Bidder [insert “shall” or “shall not”] incorporate in the Employer’s Country. [When is selected above, the following shall be added:] Additional requirement that a Successful Bidder shall meet when required to incorporate locally as a “special vehicle” company or joint venture: [select one of the following options as applicable: The Successful Bidder’s parent company co-sign the Contract Agreement. Or The successful Bidder shall furnish, along with the signed Contract Agreement and within the timeframe specified pursuant to ITB 45.2, an additional Parent Company Guarantee acceptable to the Employer, in an amount equivalent to a period of _______ [insert number of months; 6 months is recommended] months of expenses of the Management Contract.
Risk Insuring Party Amount per occurrence Minimum Total Limit Detailed description of risk Protection of Contractor’s Personnel Professional Indemnity Public Liability Motor Vehicle Schedule M: Insurance Required (continued) Periods for submission of insurance: (a) evidence of insurance. (b) relevant policies [Insert period for submission of evidence of insurance and policy. Period may be from 14 days to 28 days.] _____days _____days Maximum amount of deductibles for insurance of the Employer's risks [Insert maximum amount of deductibles] Schedule N: Extension and Subsequent Bidding [See Section VIII, General Conditions, Sub-Clause 19.5]
APPENDIX TO GENERAL CONDITIONS OF CONTRACT Fraud and Corruption (Text in this Appendix shall not be modified) Purpose The Bank’s Anti-Corruption Guidelines and this annex apply with respect to procurement under Bank Investment Project Financing operations. Requirements The Bank requires that Borrowers (including beneficiaries of Bank financing); bidders, consultants, contractors and suppliers; any sub-contractors, sub-consultants, service providers or suppliers; any agents (whether declared or not); and any of their personnel, observe the highest standard of ethics during the procurement process, selection and contract execution of Bank-financed contracts, and refrain from Fraud and Corruption. To this end, the Bank: Defines, for the purposes of this provision, the set forth below as follows: “corrupt practice” is the offering, giving, receiving, or soliciting, directly or indirectly, of anything of value to influence improperly the actions of another party; “fraudulent practice” is any act or omission, including misrepresentation, that knowingly or recklessly misleads, or attempts to mislead, a party to obtain financial or other benefit or to avoid an obligation; “collusive practice” is an arrangement between two or more parties designed to achieve an improper purpose, including to influence improperly the actions of another party; “coercive practice” is impairing or harming, or threatening to impair or harm, directly or indirectly, any party or the property of the party to influence improperly the actions of a party; “obstructive practice” is: deliberately destroying, falsifying, altering, or concealing of evidence material to the investigation or making false statements to investigators in order to materially impede a Bank investigation into allegations of a corrupt, fraudulent, coercive, or collusive practice; and/or threatening, harassing, or intimidating any party to prevent it from disclosing its knowledge of matters relevant to the investigation or from pursuing the investigation; or acts intended to materially impede the exercise of the Bank’s inspection and audit rights provided for under paragraph 2.2 e. below.
Appointing entity or official in case of disagreement between the Parties 20.1.2 Currency for payment of the Independent Expert 20.1.3 International Arbitration Institution 20.1.4 (a) (i) Amount of Liquidated Damages on Termination for Employer Convenience 21.10 (f)(i) Part B - Specific Provisions [Insert any specific provisions]