Post by account_disabled on Mar 16, 2024 9:07:01 GMT
The low ofrs It concerns a situation in which a given ofr was abnormally low within a certain percentage range compared to other ofrs and therefore the contracting authority rejected the ofr without first submitting a written inquiry to the interested tenderer requesting detailed information. The second condition is also a situation in which such an inquiry exists, but the contracting authority is unable to prove that it has assessed the answers provided by the interested tenderers. This may result in the imposition of a financial correction equal to of the funding. Conflict of interest afcting the results of the procurement procedure An irregularity covers any case where an undisclosed or insufficiently limited conflict of interest has been identified between the Buy Lead contracting authority and the tenderer awarded the contract or contracts concerned of the funding. Modifications of the elements of the contract specified in the contract notice or in the specification of essential terms of the contract that are inconsistent with the regulations If a significant modification of the elements of the contract has been introduced including price, nature of construction works. Implementation time, payment terms, materials used and if this modification causes the nature of the contract being implemented to difr significantly from the originally awarded contract, this results in the imposition of a financial correction of value of the original order and new construction works/supplies/services if any resulting from the modifications . Above we have indicated selected, most common situations in which financial corrections are imposed. Additionally, it should be mentioned that when the correction concerns funds already transrred to the beneficiary when the funds were transferred in advance in the form of an advance, interest accrued from the date of transr of the funds until their return, calculated as for tax arrears, is added to the base value of the correction mistake Summary.
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