§ 1013.35. Procedures for bidding.
(a) Bid submissions. Each bidder shall:
(1) Submit the bid in a 9" x 12" sealed envelope. The exterior of the sealed envelope must identify, in the English language and Arabic numerals, the medallion number for which the bid is intended and additional information identified in the notice provided under § 1013.34 (relating to notice of medallion sale by the Authority). Information required under this paragraph must be in black ink with characters no smaller than 1 inch high and 1/2 inch wide. For example, a sealed bid for medallion 9999 must display the following on the outside of the sealed envelope: ‘‘Bid for medallion 9999.’’
(2) Submit only one bid, rounded to the nearest dollar increment, for one medallion per envelope.
(3) Submit the bid amount on a completed Form No. MA-1 ‘‘Bid Cover’’ in the sealed and marked envelope. Form No. MA-1 is available at www.philapark.org/tld.
(4) Include the following with each bid inside the sealed envelope:
(i) A deposit of 10% of the bid amount in a certified check, bank check or money order drawn on a Federally- or State-insured bank payable to the ‘‘Philadelphia Parking Authority.’’ The deposit will be nonrefundable as to the highest conforming bidder and credited toward the sale price if the sale is approved. The deposit will be returned to unsuccessful bidders.
(ii) A bank statement in the name of the bidder evidencing sufficient funds to purchase the medallion or a letter of commitment for no less than 80% of the bid amount, issued by a bank, credit union or other lender licensed to do business in this Commonwealth.
(5) Submit each sealed bid by hand delivery at the time and place designated in the sale notice as provided in § 1013.34.
(b) Late bids. A bid presented to the Authority after the time designated or to a location other than that designated in the sale notice as provided in § 1013.34 will not be accepted.
(c) Required certifications. Form No. MA-1 will include provisions through which each bidder shall provide the following information with an accompanying verification:
(1) The bidder has not relied on statements or representations from the Authority in determining the amount of the bid.
(2) The bidder has not colluded, consulted, communicated or agreed in any way with another bidder or prospective bidder for the purpose of restricting competition or of inducing another prospective bidder to submit or not to submit a bid for the purpose of restricting competition.
(3) The bidder has not disclosed a bid price, directly or indirectly, to another bidder for the purpose of restricting competition or of inducing another prospective bidder to submit or not to submit a bid for the purpose of restricting competition.
(4) The bidder is not an owner, partner, member, officer, shareholder or key employee of another bidder.
(5) The bidder is not a person with a controlling influence over another bidder.
(d) Nonresponsive bids. The following will be considered nonresponsive bids and rejected:
(1) Bids that do not comply with the requirements of this section.
(2) Bid packages containing bids for more than one medallion.
(3) Bids that are nonresponsive or nonconforming in any other respect.
(4) Bids below the upset price.
(e) Bids final. All bids are considered final and a bidder will not be allowed to correct a bid after submission.
Cross References This section citeed in 52 Pa. Code § 1013.36 (relating to bid opening).
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