Information Alexandrian Strategic Commodities Reserve | Ministry of Trade and Finance

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Alexandrian Strategic Commodities Reserve
1. What is the Alexandrian Strategic Commodities Reserve?
The Alexandrian Strategic Commodities Reserve was established under the §2 of the Financial Organization and Monetary Omnibus (FOMO) Act. It allows the Ministry of Trade and Finance (MoTF) to issue public tenders for items, blocks and other trade goods as it sees fit. The MoTF controls the reserves, and may release, sell or distribute the goods to the public or other ministries as the MoTF sees fit.


2. Current Spreadsheet of Commodities in the Strategic Reserve:

Name of Item:# of Item:Date Acquired:


3. Public Tender Policy:

1. All Public Tenders by the MoTF will be announced via a government announcement and in the Marketplace forum in the StateCraft Discord, and will include:
(a) The Item(s) being acquired
(b) The number of items being acquired
(c) The delivery date the MoTF is requesting.

2. The following guidelines will be used by individuals when placing a bid on a tender with the MoTF:
(a) No bids will be accepted in the Marketeplace forum. Interested parties shall open a ticket with the MoTF on discord and submit their bid in secret there.
(b) All bids will include which item and amount the bidder wishes to provide, at what price they are offering, and when they can deliver the goods.
(i) No bidder may bid to complete more than 50% of any single item being tendered at a time. If a bid is accepted and the bidder delivers, the bidder can submit an additional bid to deliver more of an item if the tender is still valid.
(ii) No bidder may have more than one contract to deliver goods to the MoTF open at one time. The bidder may place multiple bids on different items.
(iii) Bids on more than one item are allowed.
(c) Failure to follow the rules of this section when placing a bid may lead to disqualification of a bid and require it to be ammended.​

3. The MoTF when considering bids shall use the following procedure:
(a) All Bids will be considered on a rolling basis as long as there is availability for item(s) being bid on to be delivered or fufilled.

(b) The MoTF will take into account several factors when choosing to accept or deny bids, including but not limited to:
(i) Price per Unit
(ii) Number off Units being offered to be delivered
(iii) Delivery Date
(iv) Previous performance on MoTF Tenders
(c) After considering the bid, the MoTF reserves the right at its sole discretion to do one of the following with each bid:​
(i) Accept the Bid as-is​
(ii) Propose a counter offer with modification(s) to the bid​
(iii) Decline the bid​
(iv) Request amendment due to missing information.​

4. After a bid is accepted, the bidder and the MoTF shall come to a contractual agreement for the delivery and finalized price of the tendered goods.
(a) If the bidder fails to deliver the required goods on-time, they shall be subject to penalties as outlined in the contract. These penalties can included, but are not limited to: Reduction in pay, Fine(s) for non-compliance with contract and/or being banned from future MoTF Tenders.​
 
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