Commission Regulation (EC) No 712/2007
of 22 June 2007
opening standing invitations to tender for the resale on the Community market of cereals held by the intervention agencies of the Member States
THE COMMISSION OF THE EUROPEAN COMMUNITIES,
Having regard to the Treaty establishing the European Community,
Whereas:
The Member States have intervention stocks of maize, common wheat, barley and rye. To meet market needs, these stocks of cereals should be made available on the Community market. To this end, standing invitations to tender should be opened for the resale on the Community market of cereals held by the intervention agencies of the Member States. Each sale should be considered to constitute a separate invitation to tender.
Derogations should be made from the terms laid down by Regulation (EEC) No 2131/93 as regards the level of the security required. This security should be set at a sufficiently high level.
To take account of the situation on the Community market, provision should be made for the Commission to manage this invitation to tender. In addition, provision must be made for an award coefficient for tenders offering the minimum selling price.
With a view to the sound management of the system, provision should be made for the electronic transmission of the information required by the Commission. It is important for the notification by the intervention agencies to the Commission to maintain the anonymity of the tenderers.
The measures provided for in this Regulation are in accordance with the opinion of the Management Committee for Cereals,
HAS ADOPTED THIS REGULATION: