Continue reading "Procedure: Doing standstill by the letter"
Procedure: Doing standstill by the letter
Kevin Calder assesses the potential pitfalls in standstill letters ‘The intended purpose of the letters, and the subsequent mandatory standstill period, is to ensure that bidders have sufficient information and time to review the award decision.’The concept of a standstill letter goes back to 1999, and a court decision known as the Alcatel case. That …