Procurement Guidelines under loans extended by the OPEC Fund

Rejection of all bids is also justified when: (i) bids are not substantially responsive, or (ii) there is a lack of competition.

If all bids are rejected, the recipient should review the causes justifying the rejection and consider either revisions of the specifications or modifications in the project or both before inviting new bids. 3.11 Award of contract The award of a contract should be made, within the period specified for the validity of bids, to the bidder whose responsive bid has been determined to be the lowest evaluated bid, and who meets the appropriate standards of capability and financial resources. Except in cases where the circumstances set out in Para. 3.10 would apply, such bidder should not be required, as a condition of award, to undertake responsibilities or work not stipulated in the specifications or to modify his/her bid.

18

Powered by