Invitation for Bids

Retender for the Supply of Forklift required for Hulhumale Power House.

1. State Electric Company Limited (STELCO) wishes to re-tender the supply of forklift, tender ref no: H-2014/166 dated 11.09.2014 as only one quotation was received.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 09^th November 2014 to 19^th November 2014 between 09:00 hrs to 15:00 hrs on all working days, upon payment of a non-refundable fee of US$100.00(United States Dollars One Hundred only) or equivalent in Maldivian Rufiyaa 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 10^th November 2014 to 19^th November 2014 between 09:00 hrs to 15:00hrs on all working days.

• Only Bidders who purchase the Bidding document can participate and thus the document is not transferable.
• Preference would be given to parties who offer credit facility and accepts payment in Maldivian rufiyaa.
• Those bidders who already have purchased the bidding document do not have to purchase the bidding document again.

3. The Bid Validity shall be minimum Fifty (50) days from the date of Bid opening. All Bids shall be accompanied with a Bid Security of MVR 10,000.00 (Ten Thousand Rufiyaa) or equivalent in United States Dollar, which is valid for 20 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.

4. A pre-bid meeting shall be held on Thursday, 20^th November 2014 at 14:00hrs local time at STELCO Head Office, 2^nd Floor meeting room.

5. All Bids shall reach STELCO head office on or before Thursday, 27^th November 2014, at 14:00 hrs.

6. The Bids shall be submitted in sealed envelope and addressed as follows:

     Head of Procurement Department

     State Electric Company Limited

     Supply of Forklift

     Ref. no: H-2014/166A

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

7. Bids shall be opened on Thursday, 27^th November 2014, at 14:00 hrs, 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.

8. - Important Note: It is in STELCO’s discretion to reject/cancel any bid which does not fulfil or comply the above terms, at anytime during the bid evaluation process. Also it is in STELCO’s discretion to cancel this invitation to bid at any time.

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 8122, (960) 333 8124

Fax:  (960) 332 7036

E-mail: [email protected].

- This invitation for bid is also published in STELCO website www.stelco.com.mv