The Public Procurement Rules 2008 - LGED
The Public Procurement Rules 2008 - LGED
The Public Procurement Rules 2008 - LGED
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(3) <strong>The</strong> Approving Authority shall communicate its decision to the Head of the Procuring<br />
Entity and others concerned.<br />
125. Signing of Contract. |— (1) <strong>The</strong> PEC and the successful Consultant shall, in order to<br />
conclude the negotiations, sign the agreed minutes of negotiations and initial the proposed draft<br />
Contract agreement.<br />
(2) A Procuring Entity shall upon receipt of the approval for the signing of the Contract,<br />
and provided that no complaint has been lodged or is still under consideration under <strong>Rules</strong> 57, 59<br />
and 60, invite the successful Consultant to sign the Contract.<br />
(3) <strong>The</strong> type of Contract shall be as specified in the RFP, i.e. Time-based or Lump Sum<br />
Contract.<br />
(4) <strong>The</strong> Consultant receiving an award of Contract shall not be required to submit any<br />
performance security.<br />
(5) <strong>The</strong> Procuring Entity shall assure that a necessary provision have been included in<br />
the RFP to the effect that the Consultant shall be contractually obligated, in the event their<br />
performance of the Services does not meet the standards and requirements set in the Contract, to<br />
re-perform the Services at their own expense or to indemnify the Procuring Entity for losses that it<br />
may suffer.<br />
126. Completion of the Process. |— (1) A Procuring Entity shall, following the signing of<br />
the Contract with the successful Consultant, inform all the other Consultants whose Proposal was<br />
technically responsive that they have been unsuccessful.<br />
(2) <strong>The</strong> Procuring Entity shall publish in its website, where applicable, the name of the<br />
Consultant to which the Contract was awarded as specified in Schedule II.<br />
(3) Information about award of Contracts exceeding the amount specified in Schedule II<br />
shall be posted on the CPTU’s website.<br />
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