Development of Policy, Legal, and Insitutional Framework for - ppiaf

Development of Policy, Legal, & Institutional Framework for the PPP Program in Malawi
Final Report
issued by a reputable local bank or foreign bank operating in Malawi in accordance with
the PPA. The Performance Security Stage II may be forfeited in accordance with the
provisions of the PPA.
The Performance Security Stage II will be returned upon achievement of the Commercial
Operation Date. The Performance Security Stage II may be forfeited in accordance with
the provisions of the PPA.
If the developer fails to achieve Financial Closing date (FC) due to their mistakes, then
the Performance Security Stage I shall be forfeit.
If the developer fails to achieve COD due to their mistakes, then for each month of the
delay PPC will forfeit 25% of the Performance Security Stage II. The understanding of
the first month of the delay shall include 1 day delay from the target COD.
Submission of Proposal
Authorisation
The Administrative & Technical Proposal Letter and the Price Proposal Letter shall be
signed by the person or persons duly authorised to bind the Bidder to the Proposal.
Proof of authorisation in the form of written power(s)-of-attorney and resolutions of
each member's Board of Directors in terms acceptable to PPC from consortium members
to authorise the signatories to sign on their behalf shall be attached to the Administrative
& Technical Proposal Letter and Price Proposal Letter.
The forms for the Proposal letters and the Bid Security and other securities, as
appropriate, shall be adopted without modification other than inclusion of dates,
references to addenda, names of signatories, addresses and the like.
Format, Sealing and Marking
The Bidders shall submit their Proposals in two Envelopes.
In First envelope, Bidders shall submit: one original of the Administrative & Technical
Proposal (clearly marked “Original”) and one copy ( clearly marked “Copy”). In second
Envelope, Bidders shall submit one original of the Price Proposal (clearly marked
“Original”) and one copy (clearly marked “Copy”). Any discrepancy between the
original and a copy will be resolved in favour of the original.
The Proposals, comprising the Administrative & Technical Proposal and Price Proposal
shall be delivered in a sealed package labelled in bold letters.
The Proposal shall be submitted to the following address no later than the Bid Closing
for each Step:
(Name and address)
THE INSTITUTE FOR PUBLIC-PRIVATE PARTNERSHIPS 185