Standstill Calculator

FAQs

Does 10 day standstill include weekends? The duration of a standstill period typically includes calendar days, including weekends and bank holidays, unless specified otherwise in the relevant regulations or agreements.

Can a standstill period end on a bank holiday? Yes, a standstill period can end on a bank holiday if it falls within the duration of the standstill period. However, the specific rules may vary depending on the jurisdiction and the terms of the procurement process.

How does the standstill period work? The standstill period, also known as the “alcatraz” period, is a period of time after a contract award decision during which unsuccessful bidders are informed of the decision and given an opportunity to challenge the decision before the contract is formally awarded.

What are the requirements for a standstill letter? A standstill letter typically includes information about the contract award decision, reasons for the decision, and instructions on how to challenge the decision if necessary. It may also specify the duration of the standstill period and other relevant details.

Is standstill 10 working days? The duration of a standstill period is typically specified in calendar days rather than working days. However, in some cases, it may be defined as a certain number of working days, depending on the jurisdiction and the terms of the procurement process.

What is the 6 day standstill rule? The 6 day standstill rule refers to a provision in some procurement regulations that requires a standstill period of at least 6 calendar days between the notification of contract award decision and the formal award of the contract.

What happens if a bank holiday falls on a non-working day? If a bank holiday falls on a non-working day during the standstill period, it is typically included in the duration of the standstill period, and the period may be extended accordingly to ensure that bidders have a full opportunity to challenge the decision.

What is the standstill period threshold? The standstill period threshold refers to the minimum duration of the standstill period required by procurement regulations or guidelines. It is typically defined in terms of calendar days or working days.

Can a standstill period be extended? In some cases, a standstill period may be extended if there are valid reasons for doing so, such as significant changes to the contract award decision or procedural irregularities. However, any extension must comply with the relevant procurement regulations and guidelines.

What is a typical standstill provision? A typical standstill provision in procurement regulations or contracts includes requirements for notifying unsuccessful bidders of the contract award decision, providing them with reasons for the decision, and giving them an opportunity to challenge the decision during a specified standstill period.

What is a standstill policy? A standstill policy refers to an organization’s procedures and guidelines for implementing standstill provisions in procurement processes. It outlines the steps to be followed when notifying unsuccessful bidders, managing the standstill period, and addressing challenges to contract award decisions.

What is a standstill payment? A standstill payment, also known as a break fee or reverse termination fee, is a payment made by one party to another to compensate for the costs or losses incurred as a result of terminating or not proceeding with a contract or transaction.

Who signs a standstill agreement? A standstill agreement is typically signed by the parties involved in a transaction or contract, such as the buyer and seller or the contracting authority and the bidders. It outlines the terms and conditions of the standstill period and the procedures to be followed during the period.

What is the standstill period in the Public Contracts Regulations 2015? The standstill period in the Public Contracts Regulations 2015 refers to the minimum duration of time required between the notification of contract award decision and the formal award of the contract. It is intended to allow unsuccessful bidders an opportunity to challenge the decision before the contract is finalized.

What is debriefing in procurement? Debriefing in procurement refers to the process of providing feedback and information to unsuccessful bidders about the contract award decision. It typically includes explanations of the evaluation process, reasons for the decision, and areas for improvement.

Can I get sacked for refusing to work Christmas Day? Whether you can be sacked for refusing to work on Christmas Day depends on various factors, including your employment contract, the nature of your job, and the reason for your refusal. In some cases, employers may have the right to terminate employment for refusing to work when required, but there may be legal protections or exceptions in certain situations.

Am I entitled to bank holiday pay if I don’t work Mondays? Entitlement to bank holiday pay typically depends on your employment contract and the policies of your employer. If you don’t work on Mondays but a bank holiday falls on a Monday, you may still be entitled to bank holiday pay if it is a recognized holiday in your employment agreement or by law.

How many holidays am I entitled to if I work 4 days a week? Entitlement to holidays typically depends on factors such as your employment contract, the number of days you work per week, and the policies of your employer. In many cases, employees working 4 days a week are entitled to the same number of holidays as full-time employees, pro-rated based on their working hours.

What is the 75 threshold? The 75 threshold refers to a percentage threshold used in procurement regulations to determine when contracts must be advertised and awarded through competitive tendering processes. Contracts above a certain value threshold, often set at 75% of the EU threshold, are subject to specific procurement rules.

What are the benefits of a standstill agreement? Standstill agreements provide benefits such as allowing parties to negotiate and finalize the terms of a transaction or contract, providing time for due diligence and regulatory approvals, and preventing parties from taking actions that could harm the other party’s interests during the negotiation period.

Who can challenge a procurement? Various parties may have the right to challenge a procurement process, including unsuccessful bidders, competitors, and other stakeholders affected by the outcome of the process. The specific rules and procedures for challenging a procurement may vary depending on the jurisdiction and the nature of the procurement.