(a) Following expiry of the Tender Validity Period, hubco or the relevant Supply Chain Member or proposed Supply Chain Member shall (subject to the provisions of this paragraph 5.2.4) determine which Tenderer (the "Preferred Tenderer") offers the Compliant Tender in respect of any Market Tested Element, group of Market Tested Elements or individual part of any Market Tested Element, that represents (as the case may be) the best value for money for the Relevant Participant(s).
(b) Immediately upon the determination referred to in paragraph 5.2.4(a) being made, hubco shall supply to the Relevant Participant(s) a tender report which shall include, as a minimum:
(i) a section setting out an introduction and the purpose of the report;
(ii) a review of the invitation to tender;
(iii) period of acceptance of the tenders;
(iv) cost summary of tenders;
(v) observations, remarks and qualifications of tenders;
(vi) amount of contingency within the sums;
(vii) Conclusions and Recommendations for award; and
(viii) a copy of the tender evaluation together with sufficient other supporting information concerning the tender evaluation to enable the Relevant Participant(s) to analyse and understand the basis for such determination.
(c) If the Relevant Participant(s) do not agree with the notified determination in the case of any Compliant Tender, the Relevant Participant(s) may, within fifteen (15) Business Days of being provided with the tender evaluation report pursuant to paragraph 5.2.4(b) above, dispute such determination and, if the hubco and the Relevant Participant(s) do not resolve such dispute within a further fifteen (15) Business Days, the dispute shall be referred for resolution in accordance with Schedule Part 21 (Dispute Resolution Procedure).