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Central America Poultry Export Quota, Inc.
 

A PDF version of these
instructions is available here.

Instrucciones de la Oferta

Honduras TRQ Bid Instructions

CA-PEQ, through its independent Administrator, DTB Associates LLP, and pursuant to regulations of the Republic of Honduras (Executive Decision 32-2007 (28 December 2007)), is conducting an open tender to allocate the rights to ship U.S.-origin chicken leg quarters duty-free to Honduras under a tariff-rate quota (TRQ).  CA-PEQ holds an Export Trading Company Certificate of Review issued by the U.S. Department of Commerce for this purpose.  See 71 Fed. Reg. 6753 (February 9, 2006), 71 Fed. Reg. 40076 (July 14, 2006),  72 Fed. Reg. 8690 (February 27, 2007).

Honduras has committed to permit duty-free imports of 5,477 metric tons of chicken leg quarters during 2018. Any person or entity incorporated, domiciled and with a legal presence in the United States is eligible to bid in the tender. The total volume available during this tender is 1,826 metric tons.

The following requirements and conditions apply to all bids:

  • Bids must be submitted by completing the secure bid submission form on the CA-PEQ web site, www.ca-peq.org. Faxed or e-mailed bids will not be accepted.
  • If you plan to submit more than 25 individual bids please contact the CA-PEQ administrator at administrator@ca-peq.org  or 202-684-2512 for additional instructions.
  • A responsible official of the bidder must complete the certification on the secure bid submission form.
  • The minimum bid quantity is one (1) metric ton; the minimum bid price is $22.04 per metric ton (i.e., 1 cent per pound).  Bids must be submitted in dollars and cents per metric ton.  Bids should not be submitted in amounts that include fractions of a cent. If a bid is received in an amount that includes fractions of a cent, the administrator will ignore the fractions of a cent and consider only the amount that was bid in dollars and full cents.
  • A bidder may not bid for more than the total volume for this tender, as listed above, either in a single bid or in a combination of bids.  Bids in excess of the total volume will be invalidated.
  • Bidders must provide performance security with their bids.  SEE PAGE 2.
  • All bids will be treated as confidential.  However, following the close of the auction, CA-PEQ will publish on its web site the names of successful bidders in accordance with CA-PEQ’s amended Export Trade Certificate of Review, irrespective of the number of successful bidders.
  • Submission of a bid constitutes acceptance of each of these requirements and conditions.

BIDS MUST BE RECEIVED BY CA-PEQ NOT LATER THAN 5:00 EASTERN STANDARD TIME MARCH 9, 2018.  The official receipt time of bids is determined by the time stamp produced by the CA-PEQ computer server upon receipt.  Bidders will receive e-mail confirmation of the time of receipt immediately following submission of their bid.

Certificates of Tariff-Rate Quota Allocation will be awarded to bidders submitting the highest priced bid(s) that meet all other eligibility requirements.

REQUIREMENTS FOR PERMORMANCE SECURITY

  • With each bid performance security must be provided in the amount of $50,000 or the total value of the bid, whichever is less.
  • Performance security may be in one of the following forms:
    • Wire transfer of funds to CA-PEQ, Inc. Bidders will be contacted immediately upon receipt of their bid and provided instructions concerning wire transfers.  Security must be received and credited to the CA-PEQ account no later than 5 p.m. of the second full business day following receipt of the bid.  Failure to meet this deadline will result in the bid being disqualified. Bid Security payments may be received from institutions in the United States or Central America. Wire transfers should contain the name of the bidder in the information section of the wire transfer.
    • Cashier’s check payable to “Central America Poultry Export Quota, Inc.” received by the CA-PEQ Administrator on or before 5 p.m., Eastern Standard Time on March 9, 2018.

NOTIFICATION OF QUOTA AWARDS - APPLICATION/RETURN OF SECURITY

  • Successful bidder(s) will be promptly notified and shall have five business days after being notified to pay the full price of their bid(s) to CA-PEQ either by wire transfer of funds or by certified bank check.  If the full bid price is not paid in the time allotted, the performance security will be forfeited to CA-PEQ and the award will be offered to the next highest bidder.
  • Performance security may be applied to a high bidder’s bid payment if the bidder has so indicated on the Bid Form. 

Performance securities will be promptly returned to the bidder unless, pursuant to bidder instructions on the Bid Form, the performance security is applied to the bid price of a successful bid or is retained as security for a subsequent Open Tender Process.  Please provide an address or wire instructions for the return of performance securities.

OPERATION OF THE TENDER PROCESS AND THE TRQ SYSTEM

The bidder(s) offering the highest price per metric ton whose bids conform fully to bid requirements will be notified promptly.  Payment for the full amount of a successful bid may be made either by certified check or by wire transfer, and must be received by CA-PEQ within five business days of the notification or the performance security will be forfeited.  If the quantity awarded for an individual bid does not match the quantity requested, the bidder has the option to reject all or part of the quantity awarded for that bid without penalty.  Bidders must notify the CA-PEQ Administrator at administrator@ca-peq.org within one (1) business day if they choose not to accept all or part of an award.  If the full price of one or more high bids is not received by the due date, or if a high bidder rejects a partial award, the quantities will be offered to the next highest bidder(s).  Performance securities will be retained until all of the tonnage available in the open tender has been allocated. 

CA-PEQ Certificates of Tariff-Rate Quota Allocation (“Certificates”) designating the quantity of chicken leg quarters will be transmitted to each successful bidder via overnight delivery within two business days of receiving emailed (administrator@ca-peq.org)  instructions from the successful bidder concerning the denomination in which TRQ Certificates awarded to it should be issued.   An account will be established for each successful bidder for each quota period, and as requests for TRQ certificates are received and processed, the amount of each certificate will be deducted from each successful bidders account until certificates in the full amount of their successful bid (s) have been issued.

Pursuant to Honduran regulations, the Certificates may be used to enter U.S. chicken leg quarters into Honduras under TRQs provided that the importer also registers with the Secretary of Industry and Commerce of Honduras.  Parties seeking to import product into Honduras must also comply with all other applicable Honduran import and health requirements.

TRQ certificates issued in this Open Tender Process will remain valid until December 31, 2018, and can be used in two ways:

  1. The holder or the transferee of a TRQ Certificate may use the Certificate to import chicken leg quarters into Honduras during the period January 1, 2018 – December 31, 2018, and/or
  2. TRQ Certificates may be transferred.   Agreement on terms of transfer of certificates is between the certificate holder and the party to whom they wish to transfer the certificate(s).  CA-PEQ serves no role in negotiation between a quota holder and a party that wishes to acquire quota rights from the quota holder, and CA-PEQ assumes no liability for any dispute arising between quota holders and the parties to whom they have assigned quota rights. Any quota holder that agrees to transfer its rights to another party must notify the CA-PEQ administrator within 24 hours of agreeing to transfer its rights, and include in the notification:
    • The legal name, address, telephone number and e-mail information of the party to whom it is transferring rights
    • The volume, delineated in metric tons, of quota rights it has agreed to transfer
    • If the transfer is for product that CA-PEQ has issued the original holder a quota certificate, a copy of that certificate showing the endorsement to the acquiring party. The copy of the certificate must be sent via e-mail to the CA-PEQ administrator within 24 hours. If the volume the quota holder wishes to transfer is less than that included in the original certificate, the original certificate must be returned to the CA-PEQ administrator, the administrator will void the original certificate, and issue new certificates to both parties. If the transfer is for an amount for which CA-PEQ has not issued a certificate, the original certificate will be issued to the transferee.

Please address any questions to the office of the CA-PEQ Administrator by phone at 202-684-2512, by fax at 202-684-2233 or by email to administrator@CA-PEQ.org

 

Central America Poultry Export Quota, Inc.
c/o DTB Associates, LLP
1700 Pennsylvania Ave., NW
Suite 200
Washington, D.C. 20006-4707
Office phone: 1-202-684-2512      Office fax: 1-202-684-2233
E-mail: Administrator@CA-PEQ.org     www.ca-peq.org

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