Procurement. In relation to the procurement, award and performance of contracts entered into in connection with the implementation of the Project, the Borrower shall comply with, and implement, the Applicable Procurement Procedures. The Borrower shall take all actions and steps necessary for the effective implementation of the Applicable Procurement Procedures. The Borrower through MCTI undertakes to: (i) submit (a) updated procurement plans, and (b) contracts subjects to prior review of the Co-Financier. (ii) in the case of prior review contracts, provide the Lender with a copy of the evaluation report (including prequalification report and shortlisting report, as applicable) at the same time it is submitted to the Co-Financier. If the bidder does not meet AFD’s financing eligibility requirements, the Lender will promptly inform the Co-Financier and the Borrower. The Co-Financier and the Lender shall then consult with the Borrower to determine the appropriate course of action; (iii) in the case of post review contracts, include in the terms of reference of the audits referred to in Article 3.4.3(h) (Control – Audit) a review of the Borrower’s controls and operating procedures for complying with AFD’s financing eligibility requirements regarding any Financial Sanctions List ; (iv) retain all documentation with respect to contracts subjects to post review during project implementation and up to two years after the Deadline for Use of Funds; (v) in case of contracts subject to international competition, publish the procurement notices on the website ▇▇▇▇://▇▇▇.▇▇▇▇▇▇▇▇.▇▇▇; in addition to the Applicable Procurement Procedures, make the AFD’s Covenant of Integrity, as provided in Schedule 7 (AFD’s Covenant of Integrity), as a binding document to each of the Contractors including in cases of non-competitive procurement processes.
Appears in 1 contract
Sources: Loan Agreement
Procurement. In relation to the procurement, award and performance of contracts entered into in connection with for the implementation purposes of implementing the ProjectProject or any part thereof, and financed by the Facility, the Borrower shall comply with, and implement, the provisions of the Applicable Procurement ProceduresRegulations. The Borrower shall take all actions and steps deemed necessary for the effective implementation of the provisions of the Applicable Procurement ProceduresRegulations. On behalf of the Lender, the Co-Financier shall issue the no-objection letters in accordance with the Applicable Procurement Regulations and the Project Operations Manual including AFD’s Covenant of Integrity. The Borrower through MCTI undertakes to:
(i) submit (a) updated procurement plans, and (b) contracts subjects to prior review of the Co-Financier.;
(ii) in the case of prior review contracts, provide the Lender with a copy of the evaluation report (including prequalification report and shortlisting report, as applicable) at the same time it is submitted to the Co-Financier. If the bidder does not meet AFD’s financing eligibility requirements, the Lender will promptly inform the Co-Financier and the Borrower. The Co-Co- Financier and the Lender shall then consult with the Borrower to determine the appropriate course of action;
(iii) in the case of post review contracts, include in the terms of reference of the audits referred to in Article 3.4.3(h) (Control – Audit) a review of the Borrower’s controls and operating procedures for complying with AFD’s financing eligibility requirements regarding any Financial Sanctions List and Embargoes;
(iv) retain all documentation with respect to contracts subjects subject to post review during project implementation and up to two (2) years after the Deadline for Use expiration of Fundsthe Grace Period;
(v) in case of contracts subject to international competition, publish the procurement notices on the website ▇▇▇▇://▇▇▇.▇▇▇▇▇▇▇▇.▇▇▇; in addition to the Applicable Procurement Procedures, make the AFD’s Covenant of Integrity, as provided in Schedule 7 (AFD’s Covenant of Integrity), as a binding document to each of the Contractors including in cases of non-competitive procurement processes.
Appears in 1 contract
Sources: Кредитни Аранжман
Procurement. In relation to the procurement, award and performance of contracts entered into in connection with the implementation of the Project, the Borrower shall comply with, and implement, the Applicable Procurement Procedures. The Borrower shall take all actions and steps necessary for the effective implementation of the Applicable Procurement Procedures. The Borrower through MCTI undertakes to:
(i) submit (a) updated procurement plans, and (b) contracts subjects to prior review of the Co-Financier.
(ii) in the case of prior review contracts, provide the Lender with a copy of the evaluation report (including prequalification report and shortlisting report, as applicable) at the same time it is submitted to the Co-Financier. If the bidder does not meet AFD’s financing eligibility requirements, the Lender will promptly inform the Co-Financier and the Borrower. The Co-Financier and the Lender shall then consult with the Borrower to determine the appropriate course of action;
(iii) in the case of post review contracts, include in the terms of reference of the audits referred to in Article 3.4.3(h) (Control – Audit) a review of the Borrower’s controls and operating procedures for complying with AFD’s financing eligibility requirements regarding any Financial Sanctions List List;
(iv) retain all documentation with respect to contracts subjects to post review during project implementation and up to two years after the Deadline for Use of FundsCompletion Date;
(v) in case of contracts subject to international competition, publish the procurement notices on the website ▇▇▇▇://▇▇▇.▇▇▇▇▇▇▇▇.▇▇▇; in addition to the Applicable Procurement Procedures, make the AFD’s Covenant of Integrity, as provided in Schedule 7 (AFD’s Covenant of Integrity), as a binding document to each of the Contractors including in cases of non-competitive procurement processes.
Appears in 1 contract
Sources: Loan Agreement