Request for Quotations

1- State Electric Company Ltd (STELCO) request sealed quotations from interested and eligible parties for the following items. Sample of the items shall be provided along with the quotations. If the sample does not meet with STELCO’s requirement then the quotation of that particular party shall be disqualified. This request for quotation is open for both local and international bidders.

•  Quotation shall indicate the following:

-  Price

 * Quotation shall indicate the unit price, total price for each item and total price of the quotation.

 * 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).

- Deliveryperiod (In days). For CIF quoted quotations, additional 07 days shall be included for the clearing, handling and delivery to STELCO site. Delivery indicated as ‘ex-stock’ and a particular duration not specified shall be taken same as the party offering the longest delivery period.

- 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.

2- A pre-bid meeting shall be held on Tuesday, 17^th February 2015 at 13:00 hrs local time at STELCO Head Office, 2^nd Floor meeting room.

3- Quotation Evaluation Criteria for sample approved bids

  All Quotations shall be evaluated on the following basis. Points (pts) shall be given according to the formula below.

                  - Price =                           85 pts     [(Minimum Quoted Price) / (Quoted Price) x 85].

                  - Delivery period =            10 pts     [(Shortest delivery period) / (Quoted delivery period) x 10].

                  - Experience =                  05 pts     (Shall submit reference letters of previous supplies for similar work).

   Additional (US$25.00 plus 4% of quotation amount shall be included to the price of quotation as financial costs for overseas payments).

4- The Bids shall be submitted in sealed envelope and addressed as follows:

Head of Procurement Department

State Electric Company Limited

Supply of Boiler Suits

Ref. no: H-2015/34

5- STELCO shall not be liablefor the misplacement or premature opening for the unlabeled sealed Bids.

6-  All Bids shall reach STELCO head office on or before Monday, 02^nd March 2015, at 10:00 hrs.

7- Bids shall be opened on Monday, 02^nd March 2015, at 10:00 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.

   - Important Note: 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.

• 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 8122

Fax:  (960) 332 7036

E-mail: [email protected].

- This request for quotation is also published in STELCO website www.stelco.com.mv