ECOWAS Tenders Code candidate or bidder wishing to submit a bid denominated in several currencies, including foreign currency, may do so provided the number does not exceed three. Article 29: Advertisements 1. Procuring entities shall, subject to the method of procurement, publish invitations to bid or request for expression of interest on all ECOWAS Institutions Website and or a daily newspaper of Member States. Every invitation to bid or request for expression of interest shall be published in accordance with the format contained in the ECOWAS Standard bidding documents. 2. Publication on the ECOWAS Institutions websites may be supplemented by regional or international publication. 3. General Procurement notices are published in the newspapers of Member States at the beginning of every year by the contracting Authority based on the approved Procurement Plans. In case of updates of the Procurement Plans, modifications are brought to the knowledge of the candidates through publications in the ECOWAS Institutions websites. Article 30: Selection Process applicable to public goods qnd works contracts 1. The bid selection process comprises the selection of the lowest evaluated responsive bid which has without negotiation met the technical requirements as provided for in the evaluation criteria put forth in the bidding document and expressed in monetary terms. 2. If bidders have not been prequalified, the procuring entity shall determine whether the bidder whose bid has been determined to offer the lowest evaluated cost has the capability and resources to effectively carry out the contract as offered in the bid. The criteria to be met shall be set out in the bidding documents, and if the bidder does not meet them, the bid shall be rejected. In such an event, the procuring entity shall make a similar determination for the next-lowest evaluated bidder. 3. Bidding may be open or restricted. Open competitive bidding is a process open to all bidders, subject to the exclusions and qualifications set forth in Articles 17 and 19 of this Code respectively. Open competitive bidding may be preceded by prequalification proceedings. Article 31: Open Call for tender without Prequalification 1. Invitations to bid shall be published according to the modalities defined in Article 29 of this Code. 2. Bids shall be subject to local, regional or international publication, according to thresholds specified in the Schedule to this Code or such additional criteria as the nature of the contract, the estimated cost, or its complexity. 3. Each invitation for bidding shall at least set out the following information and requirements: a) the object of the contract; b) source of financing; Final Page 15