S.L. 575.2 Art. 14. Bidding

(1) Bids shall be made on the prescribed application form, and are to be sent electronically by fax on a number registered with and recognised by the Treasury, by e-mail on the e-mail addresses prescribed on the application form or by such other means as may be determined by the Accountant General.

(2) There is no limit to the number of bids (applications) by any one participant.

(3) All bids must be received at the Treasury by the pre-announced deadline notified on the general prospectus and on the prescribed tender form (application). Any bids received by the Accountant General after the prescribed deadline shall not be accepted.

(4) Only offers with a definite rate shall be considered.

(5) All offers shall be irrevocable after closing time.

(6) The Accountant General shall not be bound to accept any offer unless payment in respect of the offer is made as may be specified on the form of application.