guidelin european central bank septemb procur euro banknot ecb ec govern council european central bank regard treati establish european commun articl thereof regard statut european system central bank european central bank articl thereof articl statut grant govern council european central bank ecb exclus authoris issu euro banknot commun exclus includ compet defin legal framework procur euro banknot articl treati articl statut ecb alloc respons issu euro banknot nation central bank member state adopt euro ncb accord ncb percentag share ecb subscrib capit relev financi year calcul ncb weight kei refer articl statut hereinaft capit kei ecb alloc respons conclud manag suppli agreement euro banknot product take account principl decentralis effect manag framework framework procur euro banknot hand compli requir laid articl treati articl statut eurosystem act accord principl open market economi free competit favour effici alloc resourc hand account natur euro banknot print issu eurosystem safe mean payment addit accord principl decentralis framework procur euro banknot account fact ncb hous print work public print work produc euro banknot view aforement principl govern council decid juli common eurosystem competit approach tender hereinaft singl eurosystem tender procedur appli procur euro banknot latest januari onward ncb hous print work public print work elect particip singl eurosystem tender procedur case print work remain respons product euro banknot alloc ncb accord capit kei exclud particip singl eurosystem tender procedur ncb decid join singl eurosystem tender procedur date decis irrevers transit period ncb print work prepar long term approach start ascertain product half total annual eurosystem euro banknot requir tender half ncb tender product euro banknot alloc transit period singl eurosystem tender procedur appli ncb tender euro banknot product alloc issuanc singl eurosystem tender procedur ensur level plai field print work particip procedur permit competit hous public privat print work transpar fair manner give parti involv unfair competit advantag order ensur level plai field specif rule composit singl eurosystem procur committe hereinaft procur committe conduct member condit print work particip singl eurosystem tender procedur need euro banknot sensit innov natur produc fulli secur control confidenti manner guarante reliabl high qualiti sustain suppli time eurosystem pai due regard impact product euro banknot public health safeti environ requir account singl eurosystem tender procedur govern council monitor kei raw materi factor product euro banknot adequ measur ensur select procur ensur continu suppli euro banknot prejudic european competit law european commiss compet prevent eurosystem suffer due abus domin market posit contractor supplier suppli agreement conclud complet singl eurosystem tender procedur contract author individu print work compli minimum common featur establish ecb ensur harmonis term condit contract print work govern council review guidelin oper entri forc light eurosystem practic experi provis guidelin interpret accord rule contain direct ec european parliament council march coordin procedur award public work contract public suppli contract public servic contract line ecb gener transpar polici tender procedur inform elig award criteria outcom procedur publish accord articl articl statut ecb guidelin form integr part commun law adopt guidelin titl gener provis articl definit purpos guidelin arm length principl principl accord full separ hous public print work ncb account reimburs hous public print work administr organis support receiv ncb reimburs cover addit variabl cost incur ncb provid administr organis support hous print work contribut hous print work fix cost relat ncb administr organis support adequ return ncb capit invest hous print work contribut calcul market rate definit account relev case law court justic european commun relev common cost account principl defin separ govern council confidenti inform public inform proceed deliber procur committe inform contain tender document submit print work parti procur committe inform consist trade secret confidenti proprietari technic busi inform relat euro banknot product inform contain technic specif euro banknot denomin inform euro banknot product mark confidenti natur reason person deem confidenti contract author ncb conclud suppli agreement print work award product order accord singl eurosystem tender procedur ecb act behalf control relationship parent undertak subsidiari case refer articl seventh council direct eec june base articl treati consolid account similar relationship legal person undertak subsidiari subsidiari undertak consid subsidiari parent undertak head undertak euro banknot product qualiti requir ebqr document defin common qualiti requir product accept valid euro banknot regularli review govern council euro secur item fulli partli print euro banknot euro banknot compon materi inform requir secur protect loss theft disclosur public damag euro banknot integr assist product counterfeit euro banknot compon hous print work print work legal organisation part ncb separ undertak ncb own directli control vote right capit separ undertak ncb appoint half member decis make bodi public author public author includ state region local author public print work print work public author directli control vote right capit appoint half member decis make bodi restrict procedur procur procedur print work compli elig criteria defin guidelin submit tender bid suppli agreement contract conclud write contract author print work award order product euro banknot consider payment transit period period start earliest januari date decid govern council ascertain act propos execut board product half total annual eurosystem euro banknot requir tender half ncb tender product euro banknot alloc transit period end latest decemb articl scope applic singl eurosystem tender procedur start latest januari procur month period banknot denomin euro exce eur direct ec subject singl eurosystem tender procedur set guidelin refer paragraph calcul take account combin cost product requir euro banknot singl eurosystem tender procedur includ ancillari cost relat destruct euro banknot product wast exclud vat transport cost suppli agreement calcul avoid applic guidelin procur requir amount euro banknot divid intent singl eurosystem tender procedur appli research develop includ design origin euro banknot activ subject separ eurosystem procur rule titl ii parti singl eurosystem tender procedur articl establish composit procur committe procur committe establish consist expert relev profession experi appoint govern council act propos ecb ncb select eurosystem member qualifi senior staff predefin term offic ecb provid secretari support procur committe articl procur committe code conduct ecb ncb ensur member staff appoint procur committe sign declar annex guidelin member procur committe infring code conduct annex govern council dismiss procur committe commun disciplinari purpos respect employ appoint successor procur committe ecb ncb introduc provis legal document govern employ relationship respect member procur committe enabl limit applic legisl monitor procur committe member complianc code conduct annex sanction complianc therewith articl role govern council execut board govern council act propos execut board condit start transit period review decid start date transit period govern council act propos execut board decid print work elig accord articl particip singl eurosystem tender procedur govern council act propos procur committe execut board adopt intern rule procedur includ vote rule procur committe prior singl eurosystem tender procedur govern council decid eurosystem member design contract author govern council act propos procur committe execut board adopt decis award product order govern council request print work particip singl eurosystem tender procedur accord guidelin review decis prior submiss complaint court justic european commun govern council act propos execut board ensur complianc parti rule procedur laid guidelin audit articl ecb ncb ncb ecb act behalf ncb enter suppli agreement print work award product order monitor due perform agreement ncb hous print work ncb public print work choos particip singl eurosystem tender procedur case hous public print work exclud singl eurosystem tender procedur produc euro banknot alloc ncb accord capit kei decid particip singl eurosystem tender procedur date decis irrevers prior conduct singl eurosystem tender procedur ecb ncb provid confidenti inform print work includ public print work hous print work ncb particip singl eurosystem tender procedur articl elig print work print work includ hous public print work elig particip singl eurosystem tender procedur condit print work legal establish european union eu member state euro banknot produc facil physic locat member state print work sign confidenti agreement provid ecb print work accredit govern council act execut board assess complianc secur rule product storag euro secur item decid separ execut board take account banknot committe view ii ebqr decid separ execut board take account banknot committe view iii health safeti requir decid separ execut board take account banknot committe view iv requir environment friendli product euro banknot decid separ execut board take account banknot committe view print work includ hous public print work receiv aid grant member state ncb state resourc incompat treati print work alloc part banknot product eu member state tender procedur independ extern auditor audit complianc prohibit laid paragraph audit print work annual report independ extern auditor find procur committe end print work particip singl eurosystem tender procedur fulli identifi incom cost provid inform set oper loss ncb public author provid print work capit refund grant loan preferenti term forgo profit ncb public author recoveri sum due forgo ncb public author normal return public fund provid print work compens receiv financi burden task impos ncb public author joint ventur consortia cooper ventur permit law print work subcontractor qualifi particip procur procedur provid member cooper ventur subcontractor individu compli elig criteria set paragraph main contractor consortium leader remain respons euro banknot product process requir fulfil contract member cooper ventur jointli sever liabl vi vi contract author product euro banknot bidder inform procur committe ident specif role member cooper ventur subcontractor print work accredit accord paragraph legal establish eu obtain inform ecb relat requir set articl releas inform part govern council act propos execut board assess print work request inform bona fide govern council check accord applic nation law regul person record owner manag print work concern check reveal owner manag print work request inform convict offenc profession conduct inform releas print work request inform bona fide print work sign confidenti agreement provid ecb ecb inform accredit print work month prior start singl eurosystem tender procedur eurosystem euro banknot requir refer paragraph iv articl addit elig criteria hous public print work hous public print work compli elig criteria laid articl addit elig criteria effect intern arrang implement arm length principl incom cost assign basi common cost account principl defin separ govern council act propos execut board independ extern auditor monitor hous public print work complianc abovement addit elig criteria hous public print work report independ extern auditor find annual procur committe time ncb decid hous public print work particip singl eurosystem tender procedur repres hous public print work resign banknot committe subgroup articl exclus singl eurosystem tender procedur procur tender bid abnorm low relat euro banknot provid procur committe reject tender bid request write detail relev constitu element verifi constitu element take account explan receiv procur committe establish tender bid abnorm low ground tender obtain state aid tender bid reject ground consult tender unabl prove suffici time limit fix procur committe aid question grant legal govern council act propos procur committe execut board propos execut board disqualifi print work futur particip singl eurosystem tender procedur fail compli elig criteria set articl exclus remain forc elig criteria set articl met hous public print work particip singl eurosystem tender procedur disqualifi product euro banknot alloc ncb accord capit kei tender accord singl eurosystem tender procedur procur committe reject tender bid print work longer compli elig criteria set guidelin procur committe adopt document decis respect titl iii singl eurosystem tender procedur articl separ tender procedur requir quantiti euro banknot denomin object separ singl eurosystem tender procedur articl restrict procedur procur committe appli restrict procedur procur suppli agreement euro banknot procur committe publish intent initi restrict procedur offici journal european union notic includ minimum inform total amount euro banknot requir volum product quantiti tender timefram requir product deliveri elig criteria set articl close date submit applic particip address request provid evid sound financi statu profession stand accord paragraph offici commun languag singl eurosystem tender procedur print work appli particip restrict procedur submit applic evid relat sound financi statu profession stand copi annual account year sign declar print work certifi extern auditor month prior procur substanti chang particip control capit place ii period substanti deterior financi statu occur sign declar print work certifi extern auditor subject proceed declar bankruptci order compulsori wind administr court arrang creditor similar proceed nation law regul sign declar print work affirm member decis make bodi convict offenc profession conduct judgment forc re judicata sign declar print work certifi extern auditor affirm fulfil oblig relat payment social secur contribut accord legal provis member state establish ii oblig relat payment tax accord legal provis member state establish paragraph procur committe except circumst requir print work submit suffici evid articl direct ec time limit receipt applic particip calendar dai date contract notic publish offici journal european union procur committe simultan write invit print work submit document compli requir paragraph elig criteria laid articl time limit paragraph submit tender bid letter invit accompani support document euro banknot procur includ minimum address inform tender request close date make request close date receipt tender bid address languag drawn refer contract notic publish indic inform document provid print work tender bid compli predefin tender requir qualiti standard volum produc product deliveri schedul detail price offer product quantiti defin procur committe criteria award product order set articl provid request good time addit inform relat specif procur suppli print work calendar dai final date fix receipt tender bid time limit receipt written tender bid calendar dai date dispatch written invit urgenc render time limit laid paragraph impractic procur committe fix time limit time limit receipt applic particip requir accompani inform paragraph calendar dai date dispatch origin invit time limit receipt tender bid calendar dai date dispatch invit tender tender bid open announc deadlin receipt tender bid open time content record write time open half member procur committe present addit case refer articl tender bid receiv reject deadlin respect inform document letter invit submit procur committe adopt document decis respect articl exempt govern council act propos procur committe execut board execut board approv exempt procedur laid articl specif aspect procedur decis duli motiv fulli substanti write exempt allow circumst absenc tender bid tender bid respons procedur set articl provid origin term tender substanti alter reason extrem urgenc brought event unforese procur committe compli normal procedur set articl put procur euro banknot risk articl award criteria procur committe evalu rank tender bid econom advantag tender evalu account criteria tender work price product quantiti complianc tender requir term qualiti secur standard volum produc product deliveri schedul weight criteria set paragraph criterion tender price product quantiti predomin prior singl eurosystem tender procedur govern council act propos execut board addit award criteria addit criteria ensur stabil continu suppli euro banknot long term avoid depend sole supplier govern council determin maximum volum total tender amount bidder includ joint ventur consortia cooper ventur permit law obtain articl award decis procur committe draw list elig print work propos product order indic respect amount denomin euro banknot print reason underli propos list properli document procur committe submit list approv govern council execut board govern council refer propos back procur committe explan renew consider take decis govern council decis print work award product order respect amount denomin euro banknot produc print work month procur committe submit propos execut board prejudic articl govern council decis notifi print work particip singl eurosystem tender procedur ncb inform price success tender bid rank respect tender bid price rang tender bid relev consider influenc award decis articl review award decis print work particip singl eurosystem tender procedur accord guidelin request govern council review decis request made write calendar dai date dispatch govern council decis includ support argument document case govern council act propos execut board reconfirm list print work award product order refer request back procur committe renew consider light procur rule guidelin govern council final decis reconfirm amend list print work calendar dai submiss request duli motiv written notif thereof print work concern articl suppli agreement conclus singl eurosystem tender procedur time limit articl review award decis expir contract author conclud suppli agreement print work award product order suppli agreement compli minimum common featur set annex ii guidelin execut board provid copi suppli agreement enter contract author abovement print work suppli agreement conclud period defin govern council suppli agreement number euro banknot deliv period suppli agreement contract author period amend number euro banknot product amend remain rang condit set invit tender altern deliveri schedul amend titl iv rule applic prior transit period articl product euro banknot prior transit period prejudic articl prior start transit period ncb produc euro banknot alloc hous print work respect public print work altern award product accord applic legisl accredit print work titl transit provis articl particip hous public print work singl eurosystem tender procedur transit period procedur laid guidelin appli transit period ncb tender product euro banknot alloc transit period hous public print work particip singl eurosystem tender procedur condit govern council act propos execut board confirm compli elig criteria laid articl ncb print work concern exercis set articl choos particip singl eurosystem tender procedur decis particip singl eurosystem tender procedur irrevers articl procur committe composit function transit period transit period procur committe consist member transit period rule procedur titl appli derog contain titl ii iii remain rule procedur set guidelin appli mutati mutandi transit period titl vi final provis articl entri forc guidelin enter forc dai public offici journal european union articl review govern council review guidelin begin year articl addresse guidelin address nation central bank particip member state frankfurt main septemb govern council ecb presid ecb jean claud trichet oj oj direct amend direct ec european parliament council oj annex declar complianc procur committe code conduct prejudic ecb ncb bind code conduct add member procur committe undertak compli code conduct member procur committe abstain evalu individu tender bid submit hous public print work respect ncb member procur committe avoid situat give rise conflict interest past current futur link person profession natur print work member print work decis make bodi manag member procur committe prohibit confidenti inform conduct privat financi transact benefit benefit famili member member procur committe observ strict confidenti confidenti inform specif confidenti inform pass respect ncb ecb member procur committe refrain solicit gift entertain print work accredit appli accredit precondit produc euro banknot member procur committe accept gift entertain print work excess customari neglig amount financi financi gift entertain report member procur committe member emploi print work award product order minimum period year leav procur committe signatori understand event infring rule govern council dismiss procur committe ii commun disciplinari purpos respect employ iii appoint successor procur committe date annex ii minimum common featur suppli agreement extent allow applic law suppli agreement compli minimum common featur eurosystem plan product euro banknot includ integr part suppli agreement exact amount euro banknot produc deliv contract author amend total number euro banknot predefin limit altern deliveri schedul alloc product product line made print work plan main product stage includ accept valid stage detail suppli agreement comprehens detail manag accept valid basi quantiti qualiti check euro banknot laid suppli agreement suppli agreement claus report product progress accord standard procedur defin separ ecb suppli agreement claus underproduct euro banknot amount allow underproduct treatment separ ecb accur report ecb frame common report system product progress addit suppli agreement claus prohibit print work hold stock excess euro banknot suppli agreement fulfil contract author introduc contractu safeguard suppli agreement effect amount deliveri schedul order euro banknot chang limit establish ecb contract author introduc claus suppli agreement termin suppli agreement unforeseen circumst aris launch seri claus provid compens loss damag paid scheme defin ecb suppli agreement price euro banknot print contract author withhold payment invoic part invoic situat aris accord suppli agreement case defect complianc deliv euro banknot ebqr suppli agreement expressli differenti level qualiti control print work concern level qualiti valid contract author accord ebqr suppli agreement includ procedur laid separ execut board take account banknot committe view authoris larg scale print start start main stage product paper manufactur offset print intaglio print suppli agreement contract author accommod justifi revis ebqr subject endors ecb print work complet current technic specif produc euro banknot commenc product print work ensur euro banknot produc strict complianc technic specif print work commenc product possess complet detail descript current qualiti control procedur applic product euro banknot current common accept criteria procedur contract author allow revis suppli agreement subject endors ecb print work undertak respect standard produc euro banknot strict complianc qualiti control procedur print work possess complet detail secur rule product storag transport euro secur item decid separ execut board take account banknot committe view suppli agreement contract author provid justifi revis document subject endors ecb print work undertak suppli agreement respect agreement produc euro banknot strict complianc secur rule suppli agreement includ claus deal late deliveri qualiti quantiti problem failur print work compli suppli agreement contractu penalti claus remedi includ suppli agreement qualiti quantiti defect detect predefin period laid suppli agreement contract author oblig respect print work replac defect euro banknot extra cost reason period defin rule decid separ execut board take account banknot committe view suppli agreement liabil claus includ print work liabil direct damag loss result neglig deliber action contract author investig claim damag basi indirect loss loss profit loss product addit product cost loss busi cover suppli agreement contractu parti consid default suppli agreement extent default due forc majeur suppli agreement number euro banknot defin ecb suppli agreement confidenti claus decid separ execut board take account banknot committe view inform disclos contract author print work exclud inform enter public domain treat strictli confidenti disclos parti prior written consent contract author final order guarante confidenti natur proceed disput parti aris suppli agreement settl rule arbitr intern chamber commerc arbitr appoint accord rule