Related Services. The effect of the factors selected, if any, shall be expressed in monetary terms to facilitate comparison of bids, unless otherwise specified in Section III, Evaluation and Qualification Criteria. The factors, methodologies and criteria to be used shall be as specified in ITB 35.3 (d). If so specified in the BDS, these Bidding Documents shall allow Bidders to quote separate prices for one or more lots, and shall allow the Purchaser to award one or multiple lots to more than one Bidder. The methodology of evaluation to determine the lowest-evaluated lot combinations, is specified in Section III, Evaluation and Qualification Criteria. Comparison of Bids The Purchaser shall compare all substantially responsive bids to determine the lowest evaluated bid, in accordance with ITB Clause 35. of the Bidder The Purchaser shall determine to its satisfaction whether the Bidder that is selected as having submitted the lowest evaluated bid and substantially responsive bid is qualified to perform the Contract satisfactorily and if it is equal to or lower than the maximum budget available for the contract. The determination shall be based upon an examination of the documentary evidence of the Bidder’s qualifications submitted by the Bidder, pursuant to ITB Clause 19. An affirmative determination shall be a prerequisite for award of the Contract to the Bidder. A negative determination shall result in disqualification of the bid, in which event the Purchaser shall proceed to the next lowest evaluated bid to make a similar determination of that Bidder’s capabilities to perform satisfactorily and if it is equal to or lower than the maximum budget available for the contract. Purchaser’s Right to Accept Any Bid, and to Reject Any or All Bids The Purchaser reserves the right 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. Award of Contract Award Criteria The Purchaser shall award the Contract to the Bidder whose offer has been determined to be the lowest evaluated bid and if it is equal to or lower than the maximum budget available for the contract and is substantially responsive to the Bidding Documents, provided further that the Bidder is determined to be qualified to perform the Contract satisfactorily.
Articles of Incorporation or Registration of firm named in 2, above, in accordance with ITB Sub-Clauses 4.1 and 4.2. In case of government owned entity from the Purchaser’s country, documents establishing legal and financial autonomy and compliance with commercial law, in accordance with ITB Sub-Clause 4.5. Bid Submission Form [The Bidder fill in this Form in accordance with the instructions indicated below. No alterations to its format shall be permitted and no substitutions shall be accepted.] Date: [insert date (as day, month and year) of Bid Submission] ICB No: IOP/6-2017/RD To: Public Investment Management Office No.11 Nemanjina street, 11000 Belgrade, The Republic of Serbia We, the undersigned, declare that: We have examined and have no reservations to the Bidding Documents, including all Addenda; We offer to supply in conformity with the Bidding Documents and in accordance with the Delivery Schedules specified in the Schedule of Requirements the following Goods and Related Services: (insert a the name and the number of the lot) The total price of our Bid is: _____________________ EUR/USD/RSD (write number and word) DAP price of our bid (insured and delivered on site, excluding VAT and Custom Duties on import) For the Bidders from the Purchaser’s Country who expressed the bid prices in the currency of The European Economic and Monetary Union, payable in dinars at the middle exchange rate of National Bank of Serbia on the date of payment. Related Services and Completion Schedule in accordance with Tender Documents. Our bid shall be valid for the period of time specified in ITB Sub-Clause 20.1, from the date fixed for the bid submission deadline in accordance with ITB Sub-Clause 24.1, and it shall remain binding upon us and may be accepted at any time before the expiration of that period;