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Nicaragua TRQ Bid Instructions
CA-PEQ, through its independent Administrator, DTB Associates LLP, and pursuant to regulations of the Republic of Nicaragua (MIFIC) - Ministerial Accord No. 059-2007 (published in La Gaceta # 246, December 21, 2007), is conducting an open tender to allocate the rights to ship U.S.-origin chicken leg quarters duty-free to Nicaragua 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), and 72 Fed. Reg. 8690 (February 27, 2007).
Nicaragua has committed to permit duty-free imports of 3,654 metric tons of chicken leg quarters during 2019. 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 1,200 metric tons.
The following requirements and conditions apply to all bids:
BIDS MUST BE RECEIVED BY CA-PEQ NOT LATER THAN 5:00 EASTERN DAYLIGHT TIME JUNE 21, 2019. 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.
REQUIREMENTS FOR PERMORMANCE SECURITY
NOTIFICATION OF QUOTA AWARDS - APPLICATION/RETURN OF SECURITY
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 email@example.com 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 (firstname.lastname@example.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 Nicaraguan regulations, the Certificates may be used to enter U.S. chicken leg quarters into Nicaragua under TRQs provided that the importer also registers with the “Dirección de Aplicación de Tratados” (DAT) of the “Dirección General de Comercio Exterior del Ministerio de Fomento, Industria y Comercio” (MIFIC) of Nicaragua. The procedures for registration are set forth in Article 10 of Ministerial Accord No. 059-2007 (published in “La Gaceta” # 246, December 21, 2007). Parties seeking to import product into Nicaragua must also comply with all other applicable Nicaraguan import and health requirements.
TRQ certificates issued in this Open Tender Process will remain valid until December 31, 2019, and can be used in two ways:
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
1101 15th Street, NW
Washington, D.C. 20005
Office phone: 1-202-684-2512 Office fax: 1-202-684-2233
E-mail: Administrator@CA-PEQ.org www.ca-peq.org