Common use of Concession Contract Clause in Contracts

Concession Contract. (i) As an alternative to the BOT procurement arrangement referred to in paragraph (a) above, Investment Projects under Part A of the Project may be implemented through concessioning arrangement, satisfactory to the Association, through an entrepreneur on the basis of international competitive bidding procedures in accordance with the provisions of Section II of the Procurement Guidelines, subject to the provisions of paragraph 3.13(a) thereof. The goods, works and services required for the construction of such Investment Project shall then be procured in accordance with the applicable procedures of said entrepreneur. (ii) In those cases where an entrepreneur has not been selected in accordance with the procedures set forth in subparagraph (b)(i) hereof, the goods and works to be financed out of the proceeds of the Credit required for an Investment Project under Part A to be constructed by such enterprise shall be procured under contracts awarded on the basis of international competitive bidding procedures in accordance with, respectively, the provisions of Section II of the Procurement Guidelines, subject to the provisions of paragraph 3.13(b) thereof.