The Value Investing can be defined as a set of principles that, when understood and followed, lead the investor to success in a long-term investment strategy. The approximately 1-hour documentary film features a step-by-step program that exposes the perils of active investing, and offers a more. Betting on Zero is a American documentary directed by Ted Braun. It investigates the allegation that Herbalife is a pyramid scheme, and follows Bill. ROBOFOREX VSP INSURANCE Files are written is disabled, so. WinSCP is for. What I did. You will be provides specialized assistance and support to searches looking for.
By , four billion people will have a personal computer. Five billion will own a mobile phone. In an investigation that spans the globe, award-winning filmmaker Sue Williams investigates the underbelly of the international electronics industry and reveals how even the tiniest devices have deadly environmental and health costs.
From the intensely secretive factories in China, to a ravaged New York community and the high tech corridors of Silicon Valley, the film tells a story of environmental degradation, of health tragedies, and the fast approaching tipping point between consumerism and sustainability. These soulful pragmatists and stalwart philosophers strive to make ends meet and make sense of it all, refusing to abandon hope or resistance.
Their grit and pluck embody the spirit of the Motor City as it struggles to survive postindustrial America and begins to envision a radically different future. His accomplishment? He turned television into a coliseum of rage. Through the fiery invective of his shows, Ailes created an empire and divided a nation. And, like a true Shakespearean figure, uncontrollable desire was his undoing. Ailes was finally toppled when victims of his sexual harassment stepped forward.
As he investigates these rich cultural and linguistic origins, however, he makes an unexpected discovery: his own voice. E-TEAM is driven by the high-stakes investigative work of four intrepid human rights workers, offering a rare look at their lives at home and dramatic work in the field. Anna, Ole, Fred and Peter are four members of the Emergencies Team — or E-Team — the boots on the ground division of a respected, international human rights group.
They also immediately challenge the responsible decision makers, holding them accountable. Human rights abuses thrive on secrecy and silence, and the work of the E-Team, backed by their international human rights organization, has shone light in dark places and given voice to thousands whose stories would never otherwise have been told. Two biologists set out on an undertaking as colossal as their subjects: deciphering the complex communication of whales.
Dr Michelle Fournet and Dr Ellen Garland journey to opposite hemispheres to uncover a culture eons older than our own. In the Arab-American neighborhood outside of Chicago where director Assia Boundaoui grew up, most of her neighbors think they have been under surveillance for over a decade.
While investigating their experiences, Assia uncovers hundreds of pages of declassified FBI documents that prove her hometown was the subject of one of the largest counterterrorism investigations ever conducted in the U. The Feeling of Being Watched follows Assia as she pieces together this secret FBI operation, while grappling with the effects of a lifetime of surveillance on herself and her family.
In a small group of activists set sail from Vancouver, Canada in an old fishing boat. Chronicling this untold story at the birth of the modern environmental movement and with access to dramatic archive footage unseen for over 40 years, the film centres on eco-hero Robert Hunter and his part in the creation of the global organization we now know as Greenpeace.
These early pioneers captured their daring and sometimes jaw-dropping actions on film and from this director Jerry Rothwell has made a thrilling, sometimes terrifying film. A prizewinner at the Sundance Film Festival it is one of the must-see documentaries of Faced with their own mortality, an improbable group of young people, many of them HIV-positive young men, broke the mold as radical warriors taking on Washington and the medical establishment.
Despite having no scientific training, these self-made activists infiltrated the pharmaceutical industry and helped identify promising new drugs, moving them from experimental trials to patients in record time. Shot over the course of three years, Schwarz and Clusiau capture the daily workings of Immigration and Customs Enforcement ICE agents, activists, lawmakers, attorneys and a wide swath of undocumented immigrants, from desperate recent arrivals to longtime residents to deported U.
With an unrelenting flow of migrant workers continuing across the U. But how do we fix a system that seems beyond repair? His priority is backing a candidate who will prevent Pakistan from becoming a terrorist state. But Mo has a tough choice — either vote for religious hardliners or for secular liberal leader General Musharraf, a former military dictator. After bringing democracy to the Maldives after thirty years of despotic rule, Nasheed is now faced with an even greater challenge: as one of the most low-lying countries in the world, a rise of three feet in sea level would submerge the islands of the Maldives enough to make them uninhabitable.
When hope fades for a written accord to be signed, Nasheed makes a stirring speech which salvages an agreement. Despite the modest size of his country, Mohamed Nasheed has become one of the leading international voices for urgent action on climate change. A deeply intimate portrait of mothers and daughters and the effects of trauma, JACINTA follows a young woman in and out of prison as she attempts to break free from an inherited cycle of addiction, incarceration, and crime.
It is a powerful visual journey into the heart of an astonishingly symbolic environmental tragedy. On one of the remotest islands on our planet, tens of thousands of baby albatrosses lie dead on the ground, their bodies filled with plastic from the Pacific Garbage Patch. Returning to the island over several years, our team is witnessing the cycles of life and death of these birds as a multi-layered metaphor for our times. With photographer Chris Jordan as our guide, we walk through the fire of horror and grief, facing the immensity of this tragedy—and our own complicity—head on.
And in this process, we find an unexpected route to a transformational experience of beauty, acceptance, and understanding. As told by the defendants, lawyers, local Imams and a former career FBI agent, the film depicts how four men living at the margins of society were entrapped by an FBI informant and lured into a wild plot involving bombing a wealthy Riverdale synagogue and shooting Stinger Missiles to take down a US supply plane.
Their arrest was pawned off on the public as a counter-terror victory. A deeply sobering examination of post Islamophobia and how the War on Terror is really fought in our own communities. The film is an inside look at a cutting-edge high school located in one of the most violent neighborhoods in America, and the brave students who attend it.
Night School closely follows three students over the course of an entire school year, as they attempt to improve their lives and face their fears and attitudes about education. Following students with a variety of different challenges, Night School is not just a film about adult education, but an intimate and deeply personal look at the roadblocks many individuals face as they attempt to move upward in society.
In a place where simply surviving often trumps education, these students boldly challenge the notion that folks at the bottom are takers, and not makers. After the leaders of this occupation put out a call to arms via social media, the Malheur occupiers quickly bolstered their numbers with a stew of right-wing militia, protestors, and onlookers.
What began as a protest to condemn the sentencing of two ranchers quickly morphed into a catchall for those eager to register their militant antipathy toward the federal government. During the day siege, the filmmakers were granted remarkable access to the inner workings of the insurrection as the occupiers went about the daily business of engaging in an armed occupation.
A brilliant former hip hop executive grapples with whether to go public about her rape by one of the most powerful men in the music industry. A gripping and profound examination of race, gender, intersectionality, and the toll sexual abuse takes on survivors and on society at large. By turns horrifying and hilarious, the film is a satirical portrait of Russian meddling in the election that reveals an empire of fake news and the tactics of modern day information warfare.
This unique and personal visual record, created by H. Haldeman, John Ehrlichman and Dwight Chapin, was seized by the FBI during the Watergate investigation, then filed away and forgotten for almost 40 years. OUR NIXON is an all-archival documentary presenting those home movies for the first time, along with other rare footage, creating an intimate and complex portrait of the Nixon presidency as never seen before.
Despite the current economic crisis in the United States, the oil business is booming in Williston, North Dakota. Thousands of desperate men and women flock to the region in search of the American Dream: a living wage job. Because housing in Williston is scarce and expensive, newcomers arrive daily at Concordia Lutheran Church seeking help.
As Pastor Jay fights for these men, he is drawn deeper into their troubled lives, setting in motion a chain of events that spirals out of control, and eventually forces the Pastor to confess a secret with shattering consequences. THE PEARL explores the raw emotional and physical experience of being a middle aged to senior transgender woman against the backdrop of post-industrial logging towns in the Pacific Northwest.
The film leans into the struggle of those who were reared and successful as men and have reached middle age or later with a burdensome secret that they can no longer keep. The power of the film lies in the shared experience of vulnerability, the uncomfortable edge that the characters live with everyday as they bravely step out into a world that is not ready to accept them.
Six midwestern men — all survivors of childhood sexual assault at the hands of Catholic priests and clergy — come together in a drama therapy-inspired experiment designed to collectively work through their trauma. As part of a radically collaborative filmmaking process, they create fictional scenes based on memories, dreams and experiences, meant to explore the church rituals, culture and hierarchies that enabled silence around their abuse.
In the face of a failed legal system, we watch these men reclaim the spaces that allowed their assault, revealing the possibility for catharsis and redemption through a new-found fraternity. After toiling in obscurity for years, an innovative album leads Sachal Studios to international acclaim, and a triumphant concert with Wynton Marsalis and his orchestra at Jazz at Lincoln Center.
This feature length documentary by Academy Award winning filmmaker Sharmeen Obaid-Chinoy and Andy Schocken follows their dramatic journey, and asks if they will ever find an audience at home. Their epic adventure is a cautionary tale but also a testament to the power of small groups reimagining the world. Baltimore is a city that is fighting to save its youth. STEP is more than just a hobby for these girls, it is the outlet that keeps them united and fighting for their goals.
This film addresses a universal challenge — grasping how vast global issues such as climate change, the refugee crisis and in this case nuclear proliferation affect us personally. We have much to learn from how this television network took a subject so terrifying, so unpalatable and turned it into a prime-time sensation.
With irreverent humor and sobering apocalyptic vision, this film reveals how a commercial broadcaster seized a moment of unprecedented television viewership, made an emotional connection with an audience of over million and forced an urgent conversation with the US President on how to collectively confront and resolve the most pressing issue of the time — nuclear proliferation.
Strong plot points are illustrated through immersive archive and contemporary interviews with the larger than life subjects who were there — a TV-executive with unprecedented vision aspiring to produce a politically controversial movie, a headstrong Hollywood director aiming to unseat a president, a family- friendly commercial network struggling to think out of its conservative box, an actor-turned-president who is both moved and threatened by this TV-movie, and a White House debating the merits and messaging of a public response.
He and his friends had first-hand knowledge of how wrongful convictions happen. Together, they could start an investigative unit, a detective agency of sorts, to look for innocent people still incarcerated. They would draw from what they knew, as well as from the expertise of the attorneys who helped get them out of prison. This character-driven documentary follows these change-makers as they rebuild their lives and families, learn to investigate cases, work to support each other, and campaign to fix the criminal justice system.
Deep in the sun-blistered Sonora desert beneath a cicada tree, border police discover a decomposing male body. Some investors are in it for the art, some want to turn a profit, where the upside is important to them. And those two types of investors are going to handle the transaction very differently. Any time you are dealing with an investor, or a funder, distributor or a sales agent for that matter, every deal is different, every conversation is different, so proceed accordingly.
BR: One of the biggest misconceptions that filmmakers have is that they have no leverage when it comes to approaching investors for support. Filmmakers should understand that just as the investors have resources to make something possible, the filmmakers also have an important aspect: a powerful story.
This is why most investors and filmmakers should view this less as a transaction and more as a partnership because together they can create something very impactful, by bringing their respective resources to the table. BR: Filmmakers should view their relationship with investors or grantors as a partnership, as a long-term relationship, not just as a short-term injection of funds. Try to keep them in your circle, in your network.
Think of your career in the long term. Consider how else they can assist you or your project. View them as a whole person. Use them as a liaison to their larger network. As for me personally, I look at how strategic a filmmaker is in handling investor relations.
JN: Talk to other filmmakers that have worked with a given investor, to get a clear sense ahead of time on what they are like to work with, what deal terms they signed that worked out for the project. These relationships typically go on for years, so the more real, trusted information you can have before signing a contract, the better. As a filmmaker, remember you have something of value.
You are exhausted, and you need money and resources. Some investors treat films like widgets and commodities. Sometimes, exhausted filmmakers take very bad terms, because they are so desperate. Sometimes they knew the deal was terrible, but they took it anyway. But other times, it was because they did not have the bandwidth to do the research, or there were other extenuating circumstances.
Sometimes the deal terms are a hefty percentage or giving the investor control over distribution. Be aware that increased equity investments do affect distribution deals, as well as the possibility of raising other funds. JN: Some filmmakers want the broadest impact possible; they want a robust outreach campaign, such as a public television broadcast. D: Documentary budgets are very fluid and sometimes budgets balloon. How is equity investment handled? JN: It depends on the deal and also depends on the equity cap of the film.
Make sure you calculate equity as a percentage of the total budget, not of the total equity. If the budget subsequently balloons, the equity investment is valued at the existing budget at the time they made the investment. So even if they give less money, they have more favorable terms. Other investors, even though they have the last money in, expect to get the first money out.
BR: Communicate to investors clearly your passion for the subject matter, the intended impact, your long-term goals for the film, and getting the message out. Make it bigger than just about generating revenue. Keep investors engaged in your project by allowing them to receive updates throughout production, or perhaps spend a day in the editing room, participate in a conference-call update and certainly attend any premiere.
A lot of people want to learn, they want to put in money in order to be part of the process. This is not perfect, but if you want to be part of helping us get there, we want your input. And sharing really helps keep relationships good both in the short term and long term. JN: I have friends who are investors, and definitely what motivated them was to learn the process and to get to know the community. BR: Many projects that do well raising money also had a social impact campaign attached to the project.
Filmmakers should consider what their long-term goals for the project are beyond the initial screening. Keep in mind what you hope to do with the film. Start engaging people during the making of the film. JP: It is very important for the credits to be transparent and reflect work done on the production.
Producer, Co-Producer and Supervising Producer credits should not be bought. If you include company credits, there are even more. You could be making a movie about the health-care industry and somebody could have a family foundation based around improving the health-care industry, and they could not be interested in any other films, but yours has the exact subject that they are committed to, where you hit the bullseye.
Financiers sometimes find new projects by attending film festivals or other similar gatherings. I attend these festivals to learn what new projects are out there and also to make myself accessible. In my experience, I have found that this is an industry of slammed doors, and my objective is to try to open doors where I can.
A lot of filmmakers put in a lot of sacrifice to get to the finish line. Once you lock that first set of angel investors, it is good to try to keep them on board, as you continue to develop future projects. That is a good long-term strategy. And that the terms they are putting forth are reflective of the larger ecosystem.
We are such an under-resourced field that we really need new money to come in. Darianna Cardilli is a Los Angeles-based documentary filmmaker and editor. She has recently completed editing the documentary feature 8 Billion Angels. Skip to main content.
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Annual net asset value reflects the profitability of a business in a year as well as its capacity to withstand losses. If the Pre-qualification Document requires only financial capacity in the latest year and the Investor has been established in that year, the owner's equity shall be determined according to the financial statement that has been audited by an independent audit unit from the establishing time to the participation time; and representative s , owner s or parent company must provide a commitment to ensure the adequacy of owner's equity specified in the financial plant.
If the Investor participates in multiple projects at a time, total owner's equity must be sufficient for total owner's equity committed to all projects as prescribed. The Investor shall refer only to experience in solely one project in similar sector as a single entity or a JV's Party with multiple roles.
We hereby declare that every information provided herein is truthful to be the best of our knowledge. Legal representative of Investor 4 [Full name, position, signature and seal if any ]. The period of time from the deadline for submission of Bid to of the bid closing date is considered 01 day.
Authorized representative [Full name, position, signature and seal if any ]. Authorizer [Full name, position, signature and seal if any of the legal representative]. The authorized representative may use the seal of the Investor or their seal. The authorized representative may not authorize another person. The Parties have reached a consensus on entering into a joint venture agreement with the following contents:.
Every JV's Party is committed not to unilaterally participate or establish a joint venture with another Investor to participate in the bidding process. All Parties unanimously to undertake joint and separate responsibilities to execute tasks in the pre-qualification process of the project as follows:. The Joint Venture Agreement takes effect from the day on which it is signed.
Legal representative of JV's Party 2 [name of legal representative of each JV's Party, position, signature and seal if any ]. Legal representative of Investor [Full name, position, signature and seal if any ]. Contract or agreement with Partner 4. Subsequently, if the Investor is awarded the contract, the Procuring Entity shall be notified the tasks performed by its Partner.
All such documents reflect the financial capacity of the Investor or JV's Party, and not sister or parent companies. Columns of the table should be extended in accordance with given years. An audited financial statement of the year preceding the year of which the financial statement has been not audited. The following financing and credit sources have been identified and maybe mobilized for the project:.
Contract number: Signing date:. Summary of similar characteristics of completed project and considered project:. The Investor shall prepare methods of preliminary plan for project execution, including:. The preliminary plan for compensation and land clearing shall be made according to contents and procedures applied to plans for compensation, financial aid, and resettlement as prescribed by law on land. The preliminary plan for compensation and land clearing is a part of Pre-qualification Document and approved by the competent person together with Pre-qualification Document.
The funding for compensation and land clearing including the cost associated with financial aid and resettlement shall be appropriated from the Sources of Funds of the Investor. The Investor shall, according to current policies, cooperate with the authorities in charge of land clearing in formulating a detailed plan for compensation and land clearing and costs thereof and then submitting it to the competent person for approval.
Reports on accounting finance: shall be made in accordance with the applicable Ordinance on accounting statistics. Consultant for bidding documents if any [name, signature, seal if any ]. This Chapter provides information to help Investors prepare their Bids.
Information is also provided on the submission, opening, and evaluation of Bids and on the award of Contracts. This Chapter specifies methods and criteria to be used to evaluate Bids. This Part includes requirements for content of the Draft Contract and Contract Forms, which, once completed, is an integral part of the Contract. The forms for Performance Security Bank guarantee when required, shall only be completed by the successful Investor after contract award.
Disclosing or receiving the following documents in terms of the Investor selection process, other than the cases prescribed in Point e Clause 8 Article 73, Point 1 Clause 3 Article 74, Clause 7 of Article 76, Clause 7 of Article 78, Point d Clause 4 of Article 92 of the Law on Bidding:. Any Investor that needs to change its eligibility name in the shortlist shall communicate in writing with the Procuring Entity within a given time as specified in BDS. The Procuring Entity shall request the competent person for consideration of the eligibility change, in particular:.
Any Investor that needs to change its eligibility name in the shortlist shall comply with regulations on eligibility of Investor, including:. If an Investor does not change its eligibility name in the shortlist, its eligibility shall not be re-considered.
The Bidding Documents specifically includes the following contents:. The Procuring Entity is not responsible for the accuracy and completeness of the Bidding Documents, addenda, minutes of pre-bid meeting if any or addenda to the Bidding Documents as specified in ITB Section 7 if they were not obtained directly from the Procuring Entity.
The Investor must examine all instructions, BDS, forms, summary reports and other requirements in Bidding Documents to create their Bids. The Procuring Entity will respond in writing to any request for clarification. The Procuring Entity shall forward copies of its response to all those who have acquired the Bidding Documents directly from it, including a description of the inquiry but without identifying its source.
Should the Procuring Entity deem it necessary to amend the Bidding Documents as a result of a clarification, it shall do so following the procedure under ITI Section 7. The purpose of the meeting will be to clarify issues and to answer questions on any matter that may be raised in connection with the Bidding Documents. The clarification shall be made and transmitted to all Investors who have acquired the Bidding Documents from the Procuring Entity. At any time prior to the deadline for submission of Bid, the Procuring Entity may amend the Bidding Documents by issuing addendum.
Any addendum issued, including the decision on amendment and amending contents shall be an integral part of the Bidding Documents. The addendum shall be communicated in writing to all who have obtained the Bidding Documents from the Procuring Entity by hand, by post, fax, or email. Each addendum shall be sent to all Applicants who have obtained the Bidding Documents directly from the Employers within a given time as specified in the BDS.
To give prospective Investors reasonable time in which to take an addendum into account in preparing their Bids, the Procuring Entity may extend the deadline for submission of Bids, pursuant to ITI Section The Investor shall bear all costs associated with the preparation and submission of its Bid. The Bid, as well as all correspondence and documents relating to the Bid exchanged by the Investor and the Procuring Entity, shall be written in the language prescribed in the BDS.
Technical Proposal includes documents on administrative and legal matters, and qualifications also if required as prescribed in ITI Section 12 , and technical proposal as required by Bidding Documents. The legal representative of each JV's Party is a legal representative or authorized representative. To establish its eligibility of the authorized representative, the JV's Party must attach the Power of Attorney using Form PL 02 in Chapter IV - Bidding Forms or copies of Decision on establishment of branch or other documentary evidence establishing the authority of the authorized representative.
The Investor must provide all essential information serving as basis for the evaluation of the Alternative Proposal. The Investor shall furnish a Financial Proposal including a Grand summary of costs of execution and compensation and land clearing inclusive of the cost associated with financial aid and resettlement, if any , and other regulations as prescribed in BDS and any other information as prescribed in par B Chapter IV - Bidding Forms.
If the Investor offers to increase payment to State budget, it shall be written directly in the Letter of Financial Bid or in a separate offer. The Investor shall specify the contents and method of increase in payments to State budget together with the respective Financial Proposal. The aforesaid offers may be submitted separately or together with the Financial Proposal as long as it is received by the Procuring Entity prior to the deadline for submission of Bid.
Any offer separately submitted shall comply with ITI Sections The offers shall be preserved as part of the Bid and opened together with the Financial Proposal. Such amount shall be treated as the amount of compensation and land clearing including financial aid and resettlement, if any that the Investor advances to the State for compensation and land clearing purposes as prescribed in law on land. If the difference between actual amount of compensation and land clearing including financial aid and resettlement, if any and the amount paid by the Investor is negative, such amount of difference shall be paid to state budget; if the difference is positive, the Investor must make up the deficit for compensation and land clearing purposes including financial aid and resettlement, if any.
The actual amount for compensation and land clearing including financial aid and resettlement, if any shall be deducted from the land rents and land levies not exceeding those to be paid as prescribed in law on land. When submitting a bid, the Investor shall furnish a Bid Security before the deadline for submission of Bid in the form of either a letter of credit or a bank guarantee from a bank or a credit institution lawfully operating in Vietnam or deposit cheques.
If the letter of credit is used, it must be made in accordance with Form 08 of Chapter IV - Bidding Forms or in another form provided that it contains essential contents. In the event that the validity period of the bid is extended as prescribed in ITI Section A Bid Security shall be not considered valid in one of the following cases: it has lower value, shorter validity period as required in ITI Section The unsuccessful Investor shall be either returned or released the Bid Security within the period as prescribed in the BDS, from the date on which the notification of the Investor selection is sent.
With regard to the successful Investor, the Bid Security shall be returned or released after the Investor performs Performance Security. The Bid Security shall not be returned in one of the following cases:. The Bid including Technical Proposal and Financial Proposal shall remain valid for the period which is not shorter than the period specified in the BDS. The Bid valid for a shorter period shall not be considered further. In exceptional circumstances, prior to the expiration of the bid validity period, the Procuring Entity may request Investors to extend the period of validity of their bids including the period of validity of Technical Proposal and Financial Proposal.
If a Bid Security is requested, it shall also be extended for a corresponding period equivalent to the extended validity period plus 30 days. If the Investor refuses the extension of the Bid such Bid shall not be considered further. The Investor accepting the request may not change any content of the Bid. The Investor shall prepare the documents comprising the Bid consisting of: 1 original copy of Technical Proposal and 1 original copy of Financial Proposal and a number of photocopies of the Technical Proposal, Financial Proposal as prescribed in the BDS.
If there any amendments to or replacement for Technical Proposal, Financial Proposal, the Investor shall prepare one original and a number of photocopies of the Application as prescribed in the BDS. In the event of any discrepancy between the original and the copies leading any change to the rank of the Investor, the Bid shall be rejected. The original of Technical Proposal and Financial Proposal shall be typed or written in indelible ink and have page numbers.
Any interlineations, erasures, or overwriting shall be valid only if they are signed or initialed by the person signing the Bid. In case Bid contains multiple documents, the Investor needs to pack the whole documents in way that ensures convenient reception and storage of Bid, ensures the integrity of Bid to avoid loss or missing.
The Employer will assume no responsibility for the confidentiality of the Bid if the Investor fails to comply with above regulations. The Procuring Entity shall receive Bids of all Applicants submitted before the deadline for submission of Bids, including those who have not bought or received the Bidding Documents from the Procuring Entity. Any Investor that has not bought the Bidding Documents must pay the Procuring Entity an amount equal to the selling price for a set of Bidding Documents as specified in BDS before their Bid envelopes are received.
Any extension of the deadline for the submission of bids shall be communicated in writing with Investors who have acquired Bidding Documents or have submitted their Bids. The Procuring Entity shall clarify the deadline as extended in order for Investors have enough time to amend the Bid under new requirements.
Any Investor who has submitted a Bid may take it back for amendments. The Employer shall not consider any bid that arrives after the deadline for submission of bids. Any bid received by the Procuring Entity after the deadline for submission of bids shall be declared late, rejected and returned unopened to the Investor. The corresponding substitution or modification of the Bid must accompany the respective written notice. The written notice of Bid withdrawal must satisfy the following:.
Any bid requested to be withdrawn shall be returned unopened to the Investor. Only written notices of modification, substitution or withdrawal of Bid are received before the deadline for submission of Bids shall be accepted. Except for case of the Bid clarification prescribed in ITI Section 25 and preliminary negotiation prescribed in ITI Section 35, the Investor is not permitted to contact to the Procuring Entity on any matter related to its Bid and the package from the opening time until the publication of selection results.
Any request for clarification of the Procuring Entity and any response of the Investor shall be in writing and sent by the following: by hand, by post, via fax or email. The Clarification of Bids shall only be made between the Procuring Entity and the Investor having the Bid that needs clarifying.
The contents of the Clarification of Bids shall be treated as an integral part of the Bid by the Procuring Entity. The Clarification of Bids shall only be made between the Procuring Entity and the Investor having the bid that needs clarifying provided that the essential contents of the Bids and the eligibility of the Investors keep unchanged.
A substantially responsive bid means one that meets all the requirements of the Bidding Documents without material deviation, reservation, or omission. A material deviation, reservation, or omission is one that:. If a bid is not substantially responsive to the requirements of the Bidding Documents, it shall be rejected and may not subsequently be made responsive by correction of the material deviation, reservation, or omission.
Provided that a Bid is substantially responsive, the Procuring Entity may waive any nonconformities in the bid that do not constitute a material deviation, reservation or omission. Provided that a bid is substantially responsive, the Procuring Entity may request that the Investor submit the necessary information or documentation, within a reasonable period of time, to rectify nomaterial nonconformities in the bid related to documentation requirements.
Requesting information and documentation on such nonconformities shall not be related to any aspect of the Financial Proposal of the Investor. Failure of the Bidder to comply with the request may result in the rejection of its Bid.
Provided that a Bid is substantially responsive, the Procuring Entity shall rectify nonmaterial and quantifiable nonconformities related to the Financial Proposal of the Investor. To this effect, the Financial Proposal shall be adjusted, for comparison purposes only, to reflect the missing or nonconforming item or component in comparison with the Bidding Documents prescribed in ITI Section Only envelopes that are opened and read out at the Technical Proposal opening shall be considered further.
No Bid withdrawal shall be permitted unless the corresponding withdrawal notice contains a valid authorization to request the withdrawal and such authorization is public in the Bid opening. No Technical Proposal modification shall be permitted unless the corresponding modification notice contains a valid authorization to request the modification.
The substituted Technical Proposal shall not be opened, but returned to the Investor. No Technical Proposal substitution shall be permitted unless the corresponding substitution notice contains a valid authorization to request the substitution and such authorization is public in the Bid opening. A copy of the record shall be distributed to all Investors who participate in the bid opening.
List of Investors satisfying technical requirements shall be approved in writing. The Procuring Entity shall send the List of Investors satisfying technical requirements to all Investors including summary of reasons for rejection , which contains invitations of bidders satisfying technical requirements to open Financial Proposal, together with time and location of opening Financial Proposal.
Only envelopes that are opened and read out at the Financial Proposal opening shall be considered further. No Financial Proposal substitution shall be permitted unless the corresponding substitution notice contains a valid authorization to request the substitution. No Financial Proposal modification shall be permitted unless the corresponding modification notice contains a valid authorization to request the modification.
The record of Financial Proposal opening shall be signed by the representatives of the Investors participating in the Financial Proposal opening. A copy of the record shall be distributed to all Investors who satisfy technical specifications. Adjustment of deviation is adjustment of deficiency or redundancy that is non-material deviation in the Bid compared to requirements of Bidding Documents.
Adjustment of deviation shall be made in accordance with BDS in consideration of equity, transparency and economic efficiency. Adjustments are not material deviation, reservation or omissions as prescribed in ITI Section The adjustment of deviation is made only be intended to compare Bids.
Upon discovering errors, deviation, the Procuring Entity shall notify the Investor in writing of such errors, deviation and error correction and adjustment of deviation thereof. In case of refusal, the Bid shall be rejected;. In case of refusal of adjustment of deviation, the Investor shall provide explanation for consideration. According to the evaluation of Financial Proposals, the Procuring Entity shall make an investor ranking list.
The Investor provides the offer price A is not lower than the approved minimum price, the value of compensation and land clearing M2 is not lower than m2 and the highest investment efficiency B shall be ranked first. The first-ranking Investor shall be invited to enter into preliminary negotiation. If the Investor fails or refuses to enter into preliminary negotiation, the Bid Security shall not be returned as prescribed in ITI Section During the preliminary negotiation, the parties shall complete the draft contract.
If the preliminary negotiation with the first-ranking Investor is not successful, the Procuring Entity shall request the Competent Person to invite the second-ranking Investor to enter into the preliminary negotiation. If the preliminary negotiation with subsequent Investors is still not successful, the Procuring Entity shall request the Competent Person to consider canceling the bidding as prescribed. An Investor shall be proposed for contract award when following conditions are satisfied:.
The offer price A is not lower than the approved minimum price in the Bidding Documents, the value of compensation and land clearing M 2 is not lower than m 2 and the highest investment efficiency B. Any organization or individual violating law on bidding leading bidding cancellation as prescribed in Point c and Point d of ITI Section Regarding bidding cancellation prescribed in ITI Section Upon results of selection of investors, the Procuring Entity shall publish such results on the national bidding network or the Vietnam Public Procurement Review Journal, and send them to Investors participating in the process of bidding no later than 05 working days from the date on which the results of selection of investors are approved.
Contents of the notification of investor selection result:. Upon the receipt of notification of the bidder selection result prescribed in ITI Section According to the results of selection of investors, preliminary negotiation, the competent authority shall enter into the negotiation of the contract with the successful Investor.
The Bid of the successful Investor shall remain valid at the time of signing of contract. At the time of signing of contract, the successful Investor shall be determined to have technical and financial qualification to perform the contract. Competent regulatory agencies shall create favorable conditions in as agreed and in order the project is executed on schedule. Before the effective date of the contract, the successful Investor shall furnish the Performance Security in the form of a Bank Guarantee issued by a bank or a credit institution lawfully operating in Vietnam or cheque deposit according to the given time and value specified in BDS.
The Investor shall be not returned the Performance Security in one of the following cases:. Investors are entitled to file complaints against the Investor selection progress and result to the Investor, competent persons, advisory board at the address prescribed in the BDS when they found their lawful rights and interests are infringed. The organization or individual violating the law on bidding shall be subject to, apart from the actions prescribed in ITI Section If any Financial proposal of the Investor is extraordinary that affect the feasibility of project execution or fulfillment of financial obligation as proposed, the Procuring Entity shall request the Competent Person to clarify the feasibility of the proposed financial plan.
In this case, the Competent Person is permitted to establish an interdisciplinary assessment group to require the Investor to clarify the components of the financial plan in conformity with the following directions:.
In which, the total estimated investment equivalent to the minimum price equals the sum of m1 and m2 as prescribed in Section 1. Any Investor that needs to change its eligibility name in the shortlist for bidding shall communicate in writing with the Procuring Entity at the address prescribed in Section 1. In case the time for sending Amendment of Bidding Documents does not comply with above regulations, the Procuring Entity shall extend the corresponding deadline for the submission of bids.
Supporting documents and printed literature that are part of the Bid may be in another language provided they are accompanied by a translation into Vietnamese. The Bid, as well as all correspondence and documents related to the Bid exchanged by the Investor and the Procuring Entity shall be written in Vietnamese.
VND shall prevail to be converted. If the amount in words is related to arithmetic error, the amount in figures prescribed in this Section shall prevail. Section 1. Inspecting and evaluating the validity of the Technical Proposal. A Technical Proposal is considered valid when all of the conditions below are satisfied:. Eligible Technical Proposal shall be considered further in terms of technical aspect as prescribed in Section 3 of this Chapter.
Section 2. Update of Qualification. The Investor shall declare qualifications of new JV's Party, attach documents establishing its eligibility and qualifications. The qualifications of new JV's Party shall be evaluated according to the evaluation criteria for Application in the pre-qualification process.
Apart from the above criteria, during the development of technical evaluation criteria, the Procuring Entity may amend other technical criteria in accordance with nature and sector of a specific project. Section 4. Inspecting and evaluating the validity of the Financial Proposal. A Financial Proposal is considered valid when all of the conditions below are satisfied:.
No different value for the same item or any disadvantage condition to competent authorities or Procuring Entity is acceptable. Section 5. Financial — Commercial Evaluation. Evaluation related to State's and society's interests is used to evaluate and determine the plan with the largest investment efficiency, and other contents clearly determined in the Bidding Documents.
The investment efficiency shall be evaluated according to proposed payment to State budget in cash. The Investor with the offer price A not lower than the approved minimum price in the Bidding Documents, the value of compensation and land clearing M 2 is not lower than m 2 , the payment offer to state budget M 3 not lower than m 3 ; and the highest investment efficiency B shall be ranked first and invited to the preliminary negotiation.
Form No. This Technical Proposal is submitted without conditions attached. We are willing to provide the Procuring Entity with any necessary addition or clarification at the request of the Procuring Entity. We only participate in this Technical Proposal as the Primary Investor. We are not undergoing dissolution process, are not thrown into bankruptcy, and do not incur bad debts as prescribed by law. We do not commit violations against regulations on assurance of competitiveness in bidding.
We are not involved in corrupt, fraudulent or conclusive practice and other violations against law on bidding. Every information provided herein is truthful to be the best of our knowledge. We will assume full responsibility for all obligations of Investor during the bidding process. The successful Investor must present certified true copies of these documents to the Competent Person prior to the signing of contract.
If information provided is found inaccurate, the Investor will be considered fraudulent as prescribed in Point c Clause 4 Article 89 of the Law on Bidding and incur penalties as prescribed Section 43 Chapter I of Bidding Documents. All Parties unanimously to undertake joint and separate responsibility to execute tasks in the bidding process of the project as follows:.
All original copies have equal value. Organizational structure of Investor. Historic financial statements must correspond to accounting periods already completed, attached are certified true copies of one of the following documents:. If the accounts of latest fiscal years are not audited, the Investor must provide a commitment thereto. According to the scope, nature, and field of the project and evaluation criteria for Technical Proposal, Procuring Entity requests Investors to prepare Technical Proposal Forms and attached notes if any to be evaluated, including the following:.
If the Bidder has option: this Guarantee shall expire when the Investor conclude the contract and furnish the Performance Security to the beneficiary as agreed. If the Bidder has no option: this Guarantee shall expire when the Investor receives the photocopy of notification of Investor selection result sent by the beneficiary; within 30 days after the expiration date of the Bid. Consequently, any demand for payment under this guarantee must be received by us at the address on or before that date.
In conjunction with Technical Proposal, we hereby enclose Financial Proposal as follows:. There is must be only one Bid Price which does not cause any disadvantage condition to the Competent Authority or the Procuring Entity. Read more. This statistic shows the average advertising investment for a documentary film in France in , by media.
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