Standard Form of Bidding Documents for Procurement of Works on ...

con<strong>for</strong>m to the same acceptable technical standard and meet the technical
solution required by the Employer. Bids <strong>of</strong> the Bidders who are unable or
unwilling to bring their bids to con<strong>for</strong>m to the acceptable technical standard
shall be rejected as non con<strong>for</strong>ming bids.
After the evaluation <strong>of</strong> Technical Proposals as above, the second stage is to
invite Bidders to submit Financial Proposals and Revised Technical
Proposals in compliance with the acceptable technical standard. The Revised
Technical Proposals and Price Proposals are opened in public at date and
time in<strong>for</strong>med by the Employer.
IB.39
Stage- 2 - The Financial Proposal
39.1 The Revised Technical Proposals and Financial Proposals are opened at the
date and time in<strong>for</strong>med by the Employer. [In setting the date the Employer
should allow sufficient time <strong>for</strong> Bidders to incorporate the changes involved
in the Technical Proposals and prepare Financial Proposals.]
The Financial Proposals and Revised Technical Proposals are evaluated by
the Employer and its advisers in strict confidence. Subject to Sub-Clause
31.1, the Employer will not provide the assessment results or reasons in
support <strong>of</strong> its assessments to any Bidders or third party.
39.2 In the case <strong>of</strong> Non-Con<strong>for</strong>ming Bids, subject to Sub-Clauses IB 24.1 and
38.4, any additional financial benefit that results from non-con<strong>for</strong>mity will be
balanced against any consequent financial, economic, environmental or other
disadvantage to the Employer or the community as a whole. Any technical
implications <strong>of</strong> non-con<strong>for</strong>mity will also be considered in this adjustment
process.
IB.40
Assessment Process
40.1 The assessment process will be carried out by the Employer and its advisers
in strict confidence. Subject to Sub-Clause IB 31.1, the Employer will not
provide the assessment results or reasons in support <strong>of</strong> its assessments to
any Bidder or third party.
40.2 Bidders should note that the Employer is not bound to accept any Bid and
may at any time, by notice in writing to any Bidders, terminate the bidding
and assessment process in relation to their Bids or any proposals contained
therein.
IB.41
Award <strong>of</strong> Concession Contract
41.1 Subsequent to the detailed evaluation <strong>of</strong> the Financial Proposals and Revised
Technical Proposals, the Employer will award the Concession Contract to
the successful Bidder, on the basis <strong>of</strong> being most beneficial to the Employer.
41.2 Upon selection by the Employer the successful Bidder will be required,
within a period <strong>of</strong> 45 (<strong>for</strong>ty five) days or as stated in the <strong>Bidding</strong> Data, to
enter into a Concession Contract Agreement with the Employer, having
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