Consequently, the winning bid may be simply an established increment below the second lowest bid rather than the lowest responsible and responsive bid.

(4) (a) The procuring entity shall carry out on an initial evaluation of tenders to determine responsiveness in accordance with article 34, and to assess all features of tenders that are not to be presented in the auction in accordance with the award criteria set and with the weighting fixed for them.

Trade and Investment Effects of EMS Standards

The flows and impact of FDI should, therefore, be among the criteria for evaluating progress in goal 8 in the context of the right to development.

B. Trade and investment effects of ISO 14001 standard

The procuring entity shall rank the tenders on the basis of the features of tenders that are not to be presented in the auction in accordance with the award criteria.

(4)(b) The successful tender shall be that submitted by a supplier that has been determined to be fully qualified to undertake the contract, and whose tender is

In a further case, in UNMIH, involving a contract of 19.8 million, 39 vendors were invited but only 3 responded.

11. UNCTAD should strengthen its analytical capacity to assess the impact of FDI in the development objectives of developing countries.

The mission responded that the supplier of those products had emerged as the lowest bidder during prior biddings, that the price difference between this and the second lowest bidder was minimal in the past and that the supplier maintained the same profit margin above the government controlled prices.

The Board examined a sample of cases relating to field missions to determine the response rate from vendors in cases where more than 20 bids had been invited.

(v) The features of the tender that are to be presented at the auction

Similarly, for management and operation of catering services at United Nations Headquarters, where 28 days were allowed, only 1 bidder responded out of 11.

For example, in a contract with a value of 36.8 million awarded by UNAVEM III, 44 vendors were invited but only 2 responded.

(3) The procuring entity shall not accept a tender

Expert Meeting on Trade and Investment 3 5 November Impacts of Environmental Management Standards, Particularly the ISO 14000, on Developing Countries

(1) The invitation to tender shall contain, at a minimum, the following information

3. Expert Meeting on Trade and Investment Impacts of Environmental Management Standards, Particularly the ISO 14000 Series, on Developing Countries

From the view of industrial, investment and transport related indicators, these areas are affected to varying degrees.

14 17), it was suggested that the proposed addition to the end of subparagraph 1 (a) might enable a non responsive tender to be amended so as to become responsive, and the addition should therefore be rephrased so as to ensure that it enabled the items that were to be presented in the auction alone to be amended after the submission of the initial tender.

(1) The purpose of paragraph (1) is to enable the procuring entity to seek from suppliers or contractors clarifications of their tenders in order to assist in the examination, evaluation and comparison of tenders, while making it clear that this should not involve changes in the substance of tenders.

Consequential changes to paragraph (3) of article 31, which permits the withdrawal or modification of tender securities prior to the deadline for the submission of tenders without forfeit of tender security could therefore be made, with appropriate commentary in the Guide to Enactment.

These buyers are particularly vulnerable to bid rigging activity, as is discussed further below.

The Tender Committee unduly delayed bid openings.

(3) Suppliers or contractors shall, prior to the auction, submit initial tenders that are complete in all respects, except that the tenders need not include the features that are to be presented through the auction.

(1) (a) The procuring entity may ask suppliers or contractors for clarifications of their tenders in order to assist in the examination, evaluation and comparison of tenders.

Article 11 An applicant shall have an insurable interest in the subject matter of the insurance.

Economic and social indicators affecting development should also be taken into consideration.

(a) When a formal invitation to bid has been issued, the procurement contract shall be awarded to the qualified bidder whose bid substantially conforms to the requirements set forth in the solicitation document and is evaluated to be the lowest cost to the Tribunal.

Second, domestic and foreign investors would have an incentive to invest because such investment would remove supply bottlenecks affecting private activities.

Report of the Expert Meeting on Trade and Investment Impacts of Environmental Management Standards, Particularly the ISO 14000 Series, on Developing Countries1

TD B COM.1 EM.4 2 quot Environmental management standards, particularly the ISO 14000 series trade and investment impacts on developing countries quot .

(c) the originality of the construction, supplies or services proposed by the tenderer.

(e) Ensure that prospective bidders have sufficient time to respond (para. 94)

The Expert Meeting is inter alia required to examine the possible impact of environmental management standards on investment.

B. Investment effects

(8) Information relating to the examination, clarification, evaluation and comparison of tenders shall not be disclosed to suppliers or contractors or to any other person not involved officially in the examination, evaluation or comparison of tenders or in the decision on which tender should be accepted, except as provided in article 11.

(3) Unless otherwise stipulated in the solicitation documents, a supplier or contractor may modify or withdraw its tender prior to the deadline for the submission of tenders, or of initial tenders in the case of an electronic reverse auction procedure to be carried out in accordance with article 47 bis and 47 ter, without forfeiting its tender security.

Tender committee

Article 30 (5)(b) provides that the form of any tender should provide a record of the content of the tender and at least a similar degree of authenticity, security and confidentiality as one submitted in writing, signed and in a sealed envelope.

UNCTAD should also continue its analysis of FDI processes, especially as regards the impact of FDI on the transition economies.

As a result the original lowest bidders were requested to revise their proposals to reflect the manpower levels reflected by the second lowest bidder.

Bidders must be aware how a public institution will assess bids.

(1) quater The procuring entity should take account of the response supplied in evaluating the tenders.

Also, a contract for supply of petroleum, oil and lubricants should have been subject to rebidding.