Question
Discuss and answer the following questions as per the Standard Procurement Document provided on canvas, as well as some basic research online: 1) What are
Discuss and answer the following questions as per the Standard Procurement Document provided on canvas, as well as some basic research online:
1) What are the terms of making a company ineligible for a world bank contract? Provide examples of company being ineligible and the reason/grounds for them being ineligible. Try to include an example of a company from Afghanistan which is or has been ineligible.
2) What does the World Bank do if one of the bids has submitted a price which is considered unusually below the other competitors and also general market prices?
3) If you are a company which submitted a bid, and after submission you realized that you made a calculation error in your submitted price, based on world bank regulations what are the options available to you? Reference the relevant SPD clause as well as the various scenarios.
4) Assume you own a company, Company A, and are a sub-contractor for another company, Company B. Both Company A and B decide to compete in a World Bank procurement opportunity. Discuss whether or not as per World Bank SPD, Company A and Company B are considered having conflict of interest in this bid opportunity.
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