SBD Procurement of Goods

March 2003 Revisions

March 2003: The Bank's Forms of Bid Security (Bank Guarantee), Performance Security and Bank Guarantee for Advance Payment have been revised to incorporate the ICC's Uniform Rules for Demand Guarantee (URDG). We believe that use of these new forms will benefit both our clients and the business community.

March 2002 Revisions

The March 2002 revision all center around the provisions of the euro. Now that the transition period is over, these provisions are no longer needed.

Section II. Instructions to Bidders
12. Bid Currencies / 12.1 / Delete last sentence of 12.1 (b) – Information on European currency (EMU and euro)
25. Conversion to Single Currency / 25.1 (c) / Delete entire paragraph
Section III. Bid Data Sheet
ITB 12.1 (b) / Delete
ITB 25.1 (c) / Delete
Section IV. General Conditions of Contract
16. Payment / 16.5 / Delete 2nd and 3rd sentence

January 2001 Revisions

Section VIII. Sample Forms
1. Bid Form and Price Schedules / Third paragraph clarified

March 2000 Revisions

(many of which were made via corrigenda and now incorporated into document)

Front matter / Date change
Preface - first para changed to say “latest edition” of Guidelines, instead of giving specific date.
Section I. IFB / Date of Guidelines updated
New IFB introduced (in alignment with other current bidding documents)
Section II. ITB
2. Eligible Bidders / 2.1 / Date of Guidelines updated
2.4 / Added - provision for corrupt and fraudulent practice in accordance with ITB 36.1 (per Corrigendum No. 1)
6. Clarification of Bidding Document / 6.1 / End of first sentence changed to “... the Bid Data Sheet.” And end of second sentence changed to “... ITB Clause 19.1.”
7. Amendment of Bidding Document / 7.2 / End of sentence corrected to read “and will be binding on them.”
9. Documents Constituting the Bid / Title changed from “Comprising” to “Constituting
11. Bid Prices / 11.2 (b) (v) / Changed to “the price of other (incidental)...”
12. Bid Currencies / 12.1 (b) / Last sentence deleted and new sentence added with provisions for the euro. (per Corrigendum No. 2)
15. Bid Security / 15.5 / Changed to read “Unsuccessful bidder’s bid securities ...”
15.7 (a) / Subclause added pertaining to correction of errors
16. Period of Validity of Bid / 16.1 / First sentence changed to “after the date of bid submission ...”
16.3 / Changed end of sentence to read “price will be increased by ...”
17. Format and Signing of Bid / 17.4 / New subclause - furnishing of information as described in the Form of Bid on commission or gratuities. (per Corrigendum No. 1)
18. Sealing and Marking of Bid / 18.2 (b) / Clause reference corrected to 22.1
19. Deadline for Submission of Bids / 19.1 / Clause reference corrected to 18.2 (a)
22. Opening of Bids by the Purchaser / 22.3 / Last sentence deleted
24. Preliminary Examination / 24.2 / Last sentence moved up into para.
24.4 / GCC Clause references corrected
25. Conversion to Single Currency / 25.1 (c) / Subclause added re: euro. (per Corrigendum No. 2)
26. Evaluation and Comparison of Bids / 26.5 (b) (i) / Third sentence changed to clarify earliest time of arrival
26.5 (h) / Subclause clarified asking other specific additional criteria ...
26.5 / Alternative deleted
28. Contacting the Purchaser / 28.1 / Clause changed to allow bidder to contact the Purchaser only in writing. (per Corrigendum No. 1)
32. Purchaser’s Right to Accept Any Bid and to Reject any or All Bids / 32.1 / Last portion of sentence deleted.
33. Notification of Award / 33.3 / Subclause amended to “notify the name of the winning bidder to ...”
33.4 / New subclause added specifying how non-winning Bidders can ascertain the why their bid was not selected.
35. Performance Security / 35.2 / Clause reference corrected/clarified
36. Corrupt or Fraudulent Practices / Clauses added (corrigendum no 1)
Section III. BDS
12.1 (b) / Clarification for the euro (corrigenda no. 2)
25.1 (c) / Clarification for the euro (corrigenda no. 2)
26.5 Alternative / Deleted
Section IV GCC
5. Use of Contract Documents ... / Clause title changed to include Inspection and Audit by the Bank. (per Corrigendum No. 1)
5.4 / Clause added stating Supplier shall permit Bank to inspect accounts and records
10. Delivery of Document / 10.2 / Footnote for Incoterms deleted.
13. Incidental Services / 13.2 / Clause clarified -- “... prevailing rates charged to ...”
15. Warranty / 15.5 / “...within a reasonable period,” deleted - contradicts “within the period specified ...”
16. Payment / 16.5 / Clause added re: euro (corrigenda no. 2)
24. Termination for Default / 24.1 (c) / Subclause added re: fraud and corruption (corrigenda no. 1)
28. Settlement of Disputes / Clause title changed and all subclauses clarified
29 Limitation of Liability / 29.1 / New clause re: criminal negligence or willful misconduct.
29-31 / Clauses renumbered
Section V. SCC
1. Definitions / GCC 1.1 (k) / Clause reference corrected
4. Inspections & Tests / GCC 8.1 / Clause reference corrected
11. Payment / GCC 16 / Payment of Goods and Services supplied from within the Purchaser’s country:
(iii) on Acceptance - Reference to Contractor deleted and replace with Supplier
14. Settlement of Disputes / GCC 28 / Additional sample provisions added re: different arbitration rules
15. governing Language / GCC 30 / Clause reference renumbered
16. Applicable Law / GCC 31 / Provision added
17. Notices / GCC 32 / Clause reference renumbered
Attachment to SCC / Formula changed
Section VIII Sample Forms
1. Bid Form & price Schedule / 4th paragraph revised & para on commissions and gratuities added
2. Bid Security Form / Under “The Conditions” clause 1 an additional obligation was added regarding the acceptance of correction of errors.
Section IX. Eligibility for the Provision of Goods, Works, and Services in Bank-Financed Procurement
Date of eligibility, reference to Guidelines date, and list of ineligible countries updated
Footnote 10 added referring reader to PIC and Debarred Firms web pages
Footnote 11 updates title of Procurement Policy Director
Para. on Loan/Credit Agreement prohibitions added.

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