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AUTHORITY DECISION4734Tender Process Disputes

A letter of guarantee issued in the name of a natural person rather than the legal person taking part in the tender

Decision number:
2016/UY.I-1307
Decision date:
12 February 2023

On examination, the shareholding confirmation certificate in the bid file of the company showed that the individual was one of its shareholders, and the signature circular showed that he was the manager authorised to represent and bind the company.

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