Non-commercial purpose

Modified on Tue, 10 Dec at 10:37 AM

What does it mean that the lead bidder should have a non-commercial purpose?


Normally it is expected that the lead bidder does not engage in any commercial economic activity. 

Non-commercial purpose in this context means that if in case the bidder does in fact engage in economic activity, this shall contribute to the objectives and the activities of the organisation as laid down in the statutes of the organisation. Consequently, any profit generated should be reinvested for these purposes.