Ref No: H-2020/69

Date: 06^th October 2020

                                                                                 Request for Proposals

Repairing and Anchoring Sea Water Intake Pipe

1.State Electric Company Limited (STELCO) invites sealed bids from interested and eligible parties for the above captioned tender.This request for proposal is open for both local and international bidders.

2.Interested and eligible Bidders may purchase a complete set of Bidding Documents by emailing to the email mentioned below, during the following dates specified in the table below. Upon payment of a non-refundable fee of US$100.00 (United States Dollar One Hundred Only) or equivalent in Maldivian Rufiyaa, in cash or telegraphic transfer, documents shall be issued via email on all working days during the following dates mentioned in the table below

3.Key Dates:

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

• Those bidders who wish to purchase and collect their bid documents online may send an email to [email protected] and Cc:[email protected] to get the bank details

4.Evaluation Criteria

All Technically Approved Quotations shall be evaluated on the following basis.

Points (pts) shall be given according to the formula below.

1. Price: 70 pts [(Minimum Quoted Price) / (Quoted Price) x 70]
2. Experience: 30 Pts (Considering the submitted reference letters in projects similar nature)
3.  Duration: Duration of this project is fixed to 6 months

TOTAL POINTS EARNED Maximum 100 Pts.

5. Minimum Eligibility Criteria

Interested parties who have successfully completed 3 marine projects of similar nature within the last 05 years  and each project worth not less than MVR 5 million or equivalent in foreign currency are qualified to participate in this tender.

Documentary proof of such projects has to be presented with references.

The proposals, which do not meet above conditions, will not be evaluated. The verification of the minimum requirements may involve contacting directly with the owners of previous project completed by the bidders.

6.The Bid Validity shall be minimum hundred (100) days from the date of Bid opening. All Bids shall be accompanied with a Bid Security of MVR 25, 000 (Twenty Five Thousand Rufiyaa Only) or equivalent in United States Dollar 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 a bank guarantee letter (as per the format in the bid document), bank draft or an insurance policy.

7.A pre-bid meeting shall be held on Sunday, 25^th October 2020 at 11:00hrs local time. More details regarding the pre-bid meeting will be emailed to the bidders who purchase the bid document.

8.All Bids shall be forwarded and reach the below address on or before Sunday, 08^th November 2020, at 11:00 hrs.

9.The Bids shall be addressed as follows:

Head of Procurement Department

State Electric Company Limited

Repairing and Anchoring Sea Water Intake Pipe
Ref. no: H-2020/69

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

10.Further instructions regarding the bid opening meeting will be emailed to the bidders who purchase the bid document.

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

• 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

Telephone Number:  (960) 3338 121, (960) 3338 125

Fax:  (960) 332 7036

E-mail: [email protected]

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