Development of Policy, Legal, and Insitutional Framework for - ppiaf
Development of Policy, Legal, and Insitutional Framework for - ppiaf
Development of Policy, Legal, and Insitutional Framework for - ppiaf
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<strong>Development</strong> <strong>of</strong> <strong>Policy</strong>, <strong>Legal</strong>, & Institutional <strong>Framework</strong> <strong>for</strong> the PPP Program in Malawi<br />
Final Report<br />
Amendments to the RFP - General<br />
Only amendments to the RFP (including the Model PPA) made by the issuance <strong>of</strong><br />
Addenda by PPC shall be considered binding on PPC.<br />
PPC may issue Addenda at any time up to three (3) weeks prior to Bid Closing. A copy<br />
<strong>of</strong> each Addendum shall be sent to all Bidders, in hard copy as well as s<strong>of</strong>t copy by<br />
email, on the same date. Bidders shall promptly acknowledge by facsimile or email<br />
receipt <strong>of</strong> Addenda <strong>and</strong> shall note in their Proposals all Addenda received. Late receipt<br />
<strong>of</strong> an Addendum by the Bidder or failure to acknowledge receipt there<strong>of</strong> shall not<br />
relieve the Bidder <strong>of</strong> being bound by such Addendum.<br />
In order to af<strong>for</strong>d Bidders reasonable time in which to take a clarification or amendment<br />
into account in preparing their Proposals, PPC may, at its discretion extend the Bid<br />
Closing in accordance with Section 4.10.4.<br />
Amendments to Model PPA<br />
It is important that the Model PPA is executed <strong>and</strong> the Project expedited without<br />
protracted negotiation or delay. The Model PPA provided in the RFP is there<strong>for</strong>e<br />
written to <strong>of</strong>fer adequate incentives to prospective investors <strong>and</strong> protection to their<br />
Lenders.<br />
Bidders are encouraged to minimise deviations to the Model PPA. Proposals containing<br />
material deviations to the Model PPA subject to rejection. However, Bidders may seek<br />
changes to the Model PPA not later than four (4) weeks prior to Bid Closing by<br />
following the procedures stipulated below.<br />
If Bidders have concerns with the Project that in their view are not satisfactorily<br />
addressed in the Model PPA, the Bidders may propose amendments to the Model PPA<br />
in the <strong>for</strong>mat specified in Annex V, “Proposed Amendments to Model PPA”.<br />
Prior to deciding its response to Bidders’ proposed amendments, PPC may invite<br />
Bidders, individually or collectively, to discuss the proposed amendments. PPC may, at<br />
its sole discretion, accept proposed amendments <strong>and</strong> accepted amendments will be<br />
incorporated into the Model PPA through Addenda issued pursuant to Section 4.4.2.<br />
In proposing amendments to the Model PPA, Bidders shall allow sufficient time <strong>for</strong> the<br />
Tender Committee to consider such amendments, discuss them with Bidders (if<br />
appropriate <strong>and</strong> desirable), determine a response <strong>and</strong> issue Addenda (if appropriate).<br />
THE INSTITUTE FOR PUBLIC-PRIVATE PARTNERSHIPS 175