At the time the Contract is awarded, the Public Body reserves the right to increase or decrease the quantity of Works originally specified in Section 6, Schedule of Requirement, provided this does not exceed the percentages indicated in the BDS, and without any change in the unit prices or other terms and conditions of the Bid and the Bidding Documents.
Announcing and Awarding of the Successful Bidder
Prior to expiry of the period of Bid validity, the Public Body shall notify in writing the result of a Bid evaluation to all Bidders alike at the same time.
The letter of notification to be disclosed to the unsuccessful bidders on the technical evaluation shall state the reason why they did not succeed in their Bid and the identity of the successful Bidder
A letter of award to be sent by the Public Body to a successful Bidder shall not constitute a contract between him and the Public Body. A contract shall be deemed to have been concluded between the Public Body and the successful Bidder only where a contract containing detailed provisions governing the execution of the procurement in issue is signed.
A letter of contract award to be sent to a successful Bidder may contain the following information:
(a)That the Public Body has accepted his Bid;
(b)The total contract price;
(c)The list of items and their respective unit price;
(d)The amount of the performance security the successful Bidder is required to furnish and the deadline for providing such security.