It is intended that the foreign and local currency costs of the Works shall be financed by the Bidder. Therefore, the Bid shall be supported with the Offer of Finance. Any Bid not supported with the Offer of Finance will be rejected outright.
- Full particulars of the Offer of Finance shall be submitted with the Bid. The Bidder shall include with his Bid the Offer of Finance in the specified Form completed in all respects together with such additional information as may be pertinent to fully describe the Offer of Finance.
- The type of finance shall be in the form of a loan and/or credit of sufficient amount or amounts to cover the amount of foreign and local currencies of the Bid Price and the financing and incidental charges and loan interest incurred up to the taking-over of the Plant. The amount of finance shall be increased or decreased, subject to additions or reductions in the Contract Price in accordance with the terms of the Contract.
- The period of repayment will preferably extend over at least fifteen (15) years beginning on the taking-over of the plant unit, except for the nuclear fuel for which the repayment period shall extend over at least four (4) years after its delivery.
- A Bidder forming a joint venture consisting of firms from different countries is allowed to propose multilateral finances from different countries.
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