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PRAG Overview PRAG - PRACTICAL GUIDE March 2005.

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Presentation on theme: "PRAG Overview PRAG - PRACTICAL GUIDE March 2005."— Presentation transcript:

1 PRAG Overview PRAG - PRACTICAL GUIDE March 2005

2 Overview of changes in the Practical Guide (Annexes for Works contracts) – non exhaustive list
Subject/ Doc Description of the modification Reason ITT 4.1.2 Financial statement for the last 2, 3 or 4 years, instead of 3, 4 or 5 years Simplification ITT 4.1.5 New: Legal Entity Form (LEF) necessary - ITT 9 Explanations concerning tender docs: question and answers published on the EuropeAid website instead of being sent in writing. Simplification, more transparency ITT 10 Modification of tender documents – the same as under No. 9 ITT 13 Language of procedure is English. Clarification ITT & Reference to the number of existing FIS and LEF is sufficient.

3 Overview of changes – cont.
Subject/ Doc Description of the modification Reason ITT 17.3 Tenders binding for 60 days to be added to the initial 90 days. Clarification ITT 18.3 Tender guarantee valid for 45 days after the period of validity of the tender instead of 90 days from the deadline for submission of tenders. - ITT 18.5 Tender guarantees of unsuccessful Tenderers released no later than 45 days after the expiry of the validity period of the tender. ITT 20.4 For modifications, addition or deletion or if the documents are not filled in properly – tender may be rejected (not will) More discretion for evaluation committee

4 Overview of changes – cont.
Subject/ Doc Description of the modification Reason ITT 23 In case of late tenders, guarantees will be returned (before: may be returned on request). In the interest of companies ITT 27 In case of clarification of tenders, request and responses made in writing – wider than before: only by letter of fax (now: ing included) Simplification ITT Tender guarantee optional for local tenders. - ITT 34.5 The performance guarantee set at maximum of 10%

5 - practical exercises -
PRAG Overview PRAG - PRACTICAL GUIDE - practical exercises - March 2005

6 PRAG Layout The exercise is aiming at improving manual handling and easier identifying the section and annexes to be used for the specific case you are dealing with


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