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For the purpose of this questionnaire, and in accordance with the International Monetary Fund’s definition (https://www.imf.org/external/np/sta/di/glossary.pdf), a foreign firm is a foreign-owned domestically incorporated enterprise (e.g. subsidiaries) in which a foreign investor owns 10 percent or more of the ordinary shares or voting power.)×
Material Adverse Government Action means any act or omission by the procuring authority or other relevant authority, which occurs during the term of the PPP Contract and which has a material adverse effect on (i) the ability of the PPPCo to comply with any of its material obligations under this PPP Contract and/or (ii) the cost or the profits arising from such performance.)×
A financial model is an analytical tool that allows the user to assess the financial robustness of the project by representing its expected financial performance, including cash flows, returns, etc. Not to be confused with a financial proposal.)×
To conduct the analysis on Moldova, Benchmarking Public Procurement team referred to Public Procurement Law dated 2015, Law on Administrative Litigation and Government dated 2000, Civil Procedure Code dated 2003 found at http://tender.gov.mdand Decision No. 669 dated 27.05.2016.
To conduct the analysis on Moldova, for the Public-Private Partnerships Procurement topic, the team referred to Law on Public-Private Partnership No. 179, dated July 10, 2008, Government Decision No. 476, dated July 4, 2012 on "Approving the Regulation on Standard Procedures and Conditions for Selection of the Private Partner, Law No. 96 on "Public Procurement", dated April 13, 2007, Order No. 143 of August 2, 2013, and Law No. 534 on "Concessions", dated July 13, 1995.×