Invitation for Bids

Supply of Distribution box 36 Circuit Complete

1. State Electric Company Ltd (STELCO) invites sealed Bids from interested and eligible Bidders for the above mentioned tender.This Invitation for Bid is open for both local and international Bidders.
2. A complete set of Bidding Documents may be purchased by interested and eligible Bidders from STELCO’s head office in Male’, from 06^th February 2017 to 14^th February 2017 between 09:00 hrs. to 15:00 hrs. on all working days, upon payment of a non-refundable fee of US$200.00 (United States Dollars Two Hundred only) or MVR 3084.00 (Three Thousand and Eighty Four Maldivian Rufiyaa only) in cash or telegraphic transfer directly to our head office. Overseas Bidders shall pay additional US$50.00 (United States Dollars Fifty only) if they require the documents to be delivered to their mailing address. Documents shall be issued from 08^th February 2017 to14^th February  2017  between 09:00 hrs. to 15:00 hrs. On all working days.

• Only Bidders who purchase the Bidding document can participate and thus the document is not transferable.

1. The Bid Validity shall be minimum Sixty (60) days from the date of Bid opening. All Bids shall be accompanied with a Bid Security MVR 20,000.00 (Twenty Thousand Maldivian Rufiyaa only) which is valid for Thirty (30) days beyond the validity of the bid. The Performance Security shall be 15% of the Bid Price. Bid Security and Performance Security shall be either a bank guarantee letter (as per the format in the bid document), bank certified cheque or bank draft.

1. A pre-bid meeting shall be held on Wednesday, 15^th February 2017 at 10:30 local time at STELCO Head Office, 2^nd Floor meeting room.
2. All Bids shall reach STELCO head office on or before Monday, 20^th February 2017, at 10:30hrs.
3. The Bids shall be submitted in sealed envelope and addressed as follows:

Head of Procurement Department

State Electric Company Limited

Ref. no: H-2016/240A

• STELCO shall not be liable for the misplacement or premature opening for the unlabeled sealed Bids.

1. Bids shall be opened on Monday, 20^th February 2017, at 10:30hrs. at STELCO Head Office, 2^nd Floor meeting room, in the presence of those Bidders or Bidder’s representatives who wish to attend the session.

- Important Note: All necessary documents mentioned in ‘Terms and conditions’ in our website www.stelco.com.mv should be submitted.

•  It is in STELCO’s discretion to reject/cancel any quotation which does not fulfil or comply the above terms, at anytime during the quotation evaluation process. Also it is in STELCO’s discretion to cancel this request for quotation at anytime. 
• In a state under 8:01 of “Maaliayathu Gavaidhu -8:01- point 7”, bidder shall submit all the relevant documents mentioned in the clause “8:01 – point 7 with the bid document.      

1. 8.       Key Dates:-

• Further information:

Interested Bidders may obtain further information from the following address:

       Procurement Department

State Electric Company Limited.

Ameenee Magu, Male’, 20349

Republic of Maldives

Tel: (960) 333 8121, (960) 333 8154

Fax:  (960) 332 7036

E-mail: [email protected].

31.01.2017