Request for Quotation

Supply of Nalcool 2000

State Electric Company Limited (STELCO) request sealed quotations from interested and eligible parties for the supply of the following item. This request for Quotation is open for both local and international bidders.

- A pre-bid meeting shall be held on Thursday 13^th July 2017 at 10:30hrs local time at STELCO Head Office, 2nd Floor meeting room

1)  Quotation shall indicate the following:

 - Price: Door Step Delivery Price

OR

* CIF Male’ Price

The following charges shall be applied for CIF Male’ Prices:

1. for custom duty (25% of CIF price)

2. for clearing, handling & delivery to STELCO site (2% of the highest quoted CIF price)

  Currency (If not stated, shall be assumed as Maldivian Rufiyaa).

- Delivery period (In days)

-          Technical specification(s): All the relevant information(s) shall be complete to enable technical evaluation of the item(s) quoted.

- Payment: 100% upon delivery within 30 working days.

- Payment terms: Payment shall be made in Maldivian rufiyaa

- Quotation validity: Quotation validity shall be minimum 45 days from the date of quotation opening.

- Company details: Shall submit company profile, registration copy and contact details.

2)  Quotation Evaluation Criteria:

Approved bids shall be evaluated on the following basis. Points (Pts) shall be given according to the formula below.

• Price =                                    85pts [(Minimum Quoted Price) / (Quoted Price) x 85].
• Delivery period =           10pts [(Shortest delivery period) / (Quoted delivery period) x 10].
• Experience =                      05pts (Shall submit reference letters of previous supplies for similar work).

* Additional (US$25.00 plus 0.4% of quotation amount shall be included to the price of quotation as financial costs for overseas payments).

3)     The quotations shall be submitted in sealed envelope and addressed as follows:

Head of Procurement Department

State Electric Company Limited.

 (Supply of Nalcool 2000)

Ref. no: H-2017/123

- All sealed quotations shall reach STELCO head office on or before Wednesday, 19^th July 2017, 10:30hrs. Any quotation(s) received after this deadline shall be disqualified.

- STELCO shall not be liable for the misplacement or premature opening for the unlabeled sealed quotations.

4)  Quotation Opening:

• Quotation shall be opened on Wednesday, 19^th July 2017, 10:30hrs, in STELCO Head Office / 2^nd floor meeting room, in the presence of those parties or their representatives who wish to attend the session.

Important Note:

5)     All necessary documents mentioned in ‘Terms and conditions’ in our website www.stelco.com.mv should be submitted.

6)      It is in STELCO’s discretion to reject/cancel any quotation which does not fulfil or comply the above terms, at any time during the quotation evaluation process. Also it is in STELCO’s discretion to cancel this request for quotation at any time. 

7)     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.                   

8)  Further information:

Interested parties 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 8124

Fax:  (960) 332 7036

E-mail: [email protected]

05^th July 2017