Commission Implementing Regulation (EU) No 1023/2011 of 14 October 2011 opening the tendering procedure for aid for private storage of olive oil

1 A tendering procedure is hereby opened in order to determine the level of aid for private storage referred to in Article 31(1)(b) of Regulation (EC) No 1234/2007 for virgin olive oil as defined in point 1(b) of Annex XVI to that Regulation.

2 The global quantity up to which aid for private storage can be granted shall be 100000 tonnes.

Regulation (EC) No 826/2008 shall apply save as otherwise provided for in this Regulation.

1 The sub-period during which tenders may be submitted in response to the first partial invitation to tender shall begin on 19 October 2011 and shall end on 25 October 2011 at 11:00 Brussels time. The sub-period during which tenders may be submitted in response to the second partial invitation to tender shall begin on the first working day following the end of the preceding sub-period and shall end on 8 November at 11:00 Brussels time.

2 Tenders shall relate to a storage period of 180 days.

3 Each tender shall cover a minimum quantity of at least 50 tonnes.

4 Where an operator takes part in a tendering procedure for more than one category of oil or for vats located at different addresses, it shall submit a separate tender in each case.

5 Tenders may be lodged only in Greece, Spain, France, Italy, Cyprus, Malta, Portugal and Slovenia.

Tenderers shall establish a security of EUR 50 per tonne of olive oil covered by a tender.

The Commission may, on the basis of developments on the market in olive oil and the outlook for the future, decide, in accordance with the procedure referred to in Article 195(2) of Regulation (EC) No 1234/2007, to shorten the term of contracts which are being performed and adjust the amount of the aid accordingly. The contract with the successful tenderer shall include reference to this option.

In accordance with Article 12 of Regulation (EC) No 826/2008 all valid tenders shall be notified separately by Member States to the Commission, within 24 hours from the end of each tendering sub-period as referred to in Article 3(1) of this Regulation.

This Regulation shall enter into force on the day following that of its publication in the Official Journal of the European Union.