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fore for the award and administration of contracts under the project, rests with the Borrower. In some cases, the Borrower acts only as an intermediary, and the project is carried out by another agency or entity. References in these Guidelines to the Borrower include such agencies and entities, as well as SubBorrowers under onlending arrangements. The Bank, for its part, is required by its Articles of Agreement to “188。(b) the Bank’s interest in giving all eligible bidders from developed and developing countries See para. , , and . the same information and equal opportunity to pete in providing goods and works financed by the Bank。 and(c) are priced so as not to affect adversely the economic and financial viability of the project.Eligibility To foster petition the Bank permits firms and individuals from all countries to offer goods, works, and services for Bankfinanced projects. Any conditions for participation shall be limited to those that are essential to ensure the firm’s capability to fulfill the contract in question The Bank permits firms and individuals from Taiwan, China, to offer goods, works, and services for Bankfinanced projects.. In connection with any contract to be financed in whole or in part from a Bank loan, the Bank does not permit a Borrower to deny pre or postqualification to a firm for reasons unrelated to its capability and resources to successfully perform the contract。 Section and IDA’s General Conditions Applicable to Development Credit Agreements。 the terms “benefit” and “obligation” relate to the procurement process or contract execution。(v) “obstructive practice” is(aa) deliberately destroying, falsifying, altering or concealing of evidence material to the investigation or making false statements to investigators in order to materially impede a Bank investigation into allegations of a corrupt, fraudulent, coercive or collusive practice。 and(e) will have the right to require that a provision be included in bidding documents and in contracts financed by a Bank loan, a provision be included requiring bidders, suppliers and contractors to permit the Bank to inspect their accounts and records and other documents relating to the bid submission and contract performance and to have them audited by auditors appointed by the Bank.. With the specific agreement of the Bank, a Borrower may introduce, into bid forms for large contracts financed by the Bank, an undertaking of the bidder to observe, in peting for and executing a contract, the country39。 dbsubscribe)。 additional updates will be disclosed after the Bank has approved them. acceptable to the Bank setting forth: (a) the particular contracts for the goods, works, and/or services required to carry out the project during the initial period of at least 18 months。(c) will cancel the portion of the loan allocated to a contract if it determines at any time that representatives of the Borrower or of a beneficiary of the loan engaged in corrupt, fraudulent, collusive, or coercive practices during the procurement or the execution of that contract, without the Borrower having taken timely and appropriate action satisfactory to the Bank to address such practices when they occur。(iii) “collusive practice” For the purpose of these Guidelines, “parties” refers to participants in the procurement process (including public officials) attempting to establish bid prices at artificial, non petitive levels. is an arrangement between two or more parties designed to achieve an improper purpose, including to influence improperly the actions of another party。 Section . No party other than (name of Borrower) shall derive any rights from the Loan Agreement or have any claim to the proceeds of the [loan].” Substitute “credit,” “International Development Association,” and “Credit Agreement,” as appropriate.Fraud and Corruption It is the Bank’s policy to require that Borrowers (including beneficiaries of Bank loans), as well as bidders, suppliers, and contractors and their subcontractors under Bankfinanced contracts, observe the highest standard of ethics during the procurement and execution of such contracts. In this context, any action taken by a bidder, supplier, contractor, or a subcontractor to influence the procurement process or contract execution for undue advantage is improper. In pursuance of this policy, the Bank:(a) defines, for the purposes of this provision, the terms set forth below as follows:(i) “corrupt practice” For the purpose of these Guidelines, “another party” refers to a public official acting in relation to the procurement process or contract execution]. In this context, “public official” includes World Bank staff and employees of other organizations taking or reviewing procurement decisions. is the offering, giving, receiving or soliciting, directly or indirectly, of anything of value to influence improperly the actions of another party。 toward the cost of (name of project), and intends to apply a portion of the proceeds of this [loan] to eligible payments under this contract. Payment by the Bank will be made only at the request of (name of Borrower or designate) and upon approval by the Bank, and will be subject, in all respects, to the terms and conditions of the [Loan] Agreement. The [Loan] Agreement prohibits a withdrawal from the [Loan] Account for the purpose of any payment to persons or entities, or for any import of goods, if such payment or import, to the knowledge of the Bank, is prohibited by a decision of the United Nations Security Council taken under Chapter VII of the Charter of the United Nations IBRD’s General Conditions Applicable to Loans and Guarantee Agreements。 and(d) the importance of transparency in the procurement process. Open petition is the basis for efficient public procurement. Borrowers shall select the most appropriate method for the specific procurement. In most cases, International Competitive Bidding (ICB), pr