When will be the bidders paid?

Price corresponding to Phase 1 shall be paid at the bank account provided by the Bidder as follows:

  • 50% by the time of signing the Phase 1 contract.
  • 50% by the date in which the Procuring Coordinator declares the satisfactory completion of the Phase.

 

Price corresponding to Phase 2 shall be paid at the bank account provided by the Bidder as follows:

  • 80% by the date of signing of the Phase 2 contract.
  • 20% by the date in which the Procuring Coordinator declares the satisfactory completion of the Phase.

 

Price corresponding to Phase 3 shall be paid at the bank account provided by the Bidder as follows:

  • 80% by the date of signing of the Phase 3 contract.
  • 20% by the date in which the Procuring Coordinator declares the satisfactory completion of the Phase.

 

 

Category: 
PCP Process