Common use of Evaluation and Selection Clause in Contracts

Evaluation and Selection. 3.1 The information furnished by each firm shall be scrutinized and evaluated by the Authority and 1 (one) point shall be awarded for each annual audit of the companies specified in Paragraph 2 above. For the avoidance of doubt and by way of illustration, a firm which has conducted audit of the annual accounts of any such company for 5 (five) years shall be awarded 5 (five) points. 3.2 The Authority shall prepare a list of all the eligible firms along with the points scored by each such firm and 5 (five) firms scoring the highest points shall be identified and included in the draft Panel of Chartered Accountants.

Appears in 3 contracts

Sources: Development, Operation and Maintenance Agreement, Development, Operation and Maintenance Agreement, Development, Operation and Maintenance Agreement

Evaluation and Selection. 3.1 1. The information furnished by each firm shall be scrutinized and evaluated by the Authority and 1 (one) point shall be awarded for each annual audit of the companies specified in Paragraph 2 2.2 above. (For the avoidance of doubt and by way of illustrationdoubt, a firm which has conducted audit of the annual accounts of any such company for 5 (five) five years shall be awarded 5 (five) five points). 3.2 2. The Authority shall prepare a list of all the eligible firms along with the points scored by each such firm and 5 10 (fiveten) firms scoring the highest points shall be identified and included in the draft Panel of Chartered Accountants.

Appears in 1 contract

Sources: Concession Agreement

Evaluation and Selection. 3.1 The information furnished by each firm shall be scrutinized and evaluated by the Authority UPEIDA and 1 (one) point shall be awarded for each annual audit of the companies specified in Paragraph 2 2.2 above. (For the avoidance of doubt and by way of illustration, a firm which has conducted audit of the annual accounts of any such company for 5 (five) years shall be awarded 5 (five) five points). 3.2 The Authority UPEIDA shall prepare a list of all the eligible firms along with the points scored by each such firm and 5 (five) firms scoring the highest points shall be identified and included in the draft Panel of Chartered Accountants.

Appears in 1 contract

Sources: Non Technical Schedules

Evaluation and Selection. 3.1 The information furnished by each firm shall be scrutinized scrutinised and evaluated by the Authority and 1 (one) point shall be awarded for each annual audit of the companies specified in Paragraph 2 above. (For the avoidance of doubt and by way of illustrationdoubt, a firm which has conducted audit of the annual accounts of any such company for 5 (five) five years shall be awarded 5 (five) five points). 3.2 The Authority shall prepare a list of all the eligible firms along with the points scored by each such firm and 5 10 (fiveten) firms scoring the highest points shall be identified and included in the draft Panel of Chartered Accountants.

Appears in 1 contract

Sources: Public Private Partnership Agreement