INVITATION FOR BIDS

(Project Number:  TES/2024/W-003)

1. The Republic of Maldives has received financing from the Saudi Fund for Development toward the Development of Fisheries Sector Project and part of this financing will be used towards payment under the Contract for the  Supply and Installation of Ice Plant at 5 Islands (Ha. Ihavandhoo, Sh. Komandoo, Aa. Rasdhoo, Ha. Dhihdhoo and Gdh. Rathafandhoo).

2. The Ministry of Finance, on behalf of Ministry of Ministry of Fisheries and Ocean Resources (“the Employer”) invites sealed bids from eligible Bidders for the Supply and Installation of Ice Plant at 5 Islands (Ha. Ihavandhoo, Sh. Komandoo, Aa. Rasdhoo, Ha. Dhihdhoo and Gdh. Rathafandhoo).

3. International Competitive Bidding (ICB) will be conducted in accordance with the procedures specified in the Saudi Fund for Development’s ‘Guidelines for the Procurement of Goods and Contracting for the Execution of Works’. Qualifications requirements are stated in the Bidding Document.

4. Following guidelines and policies shall be applicable for these procurements

- “Construction Industry Contractor’s Regulation” by Ministry of Construction & Infrastructure.

- “Foreign Direct Investment Policy” by Ministry of Economic Development & Trade.

5. To obtain further information and inspect the Bidding Documents, Bidders should contact:

Ms. Fathimath Rishfa Ahmed

Chief Procurement Executive

National Tender

Ministry of Finance,
Ameenee Magu, Malé,

20379

Republic of Maldives,
Tel: (960) 3349115, (960) 3349106, (960) 3349147
E-Mail: [email protected]

 [email protected]

6. Interested Bidders shall register with the Ministry of Finance, from 22^nd  August 2024 to 15^th October 2024 between 8:00 hours and 14:00 hours on all working days by:

a)       payment of a non-refundable Registration fee of MVR 1,500.00 (Maldivian Rufiyaa One Thousand Five Hundred) or USD 100.00 (United States Dollar One Hundred), through our online payment portal - Ban'deyri Pay (https://bandeyripay.finance.gov.mv/), or by electronic transfer to a designated bank account, information of which can be requested through email to above given email addresses, and;

b)      Once the payment has been confirmed, the Bidder shall be registered upon submitting in person or by electronic mail, the following information:

• Name and Address of the Bidder.
• Name, Email address and contact number of the Contact Person(s).
• Copy of the Payment/Transaction Receipt.

7. A complete set of Bidding documents and related documentation shall be available on the Ministry of Finance website www.finance.gov.mv for downloading. The Ministry of Finance shall not be held liable for any information not received by the Bidder, and it is the Bidder’s responsibility to verify the website for the latest information related to this invitation for bid.

8. A Pre-Tender meeting will be held virtually on 10^th September 2024, at 1300hrs via Microsoft Teams. Related information is provided in the Bidding Document.

9. Any clarifications to the project may be sent to the address in Clause 5 of this invitation for bids on or before 1400 Hours Maldivian Time on Sunday, 12^th September 2024.

10. All Bids must be accompanied by a Bid Security of  MVR 250,000.00 or equivalent in United States Dollars, which shall be valid for 148 days from the date of bid opening.

11. Bids shall be valid for a period of 120 days from the date of bid opening and shall be sealed and delivered to the Ministry of Finance at the address specified in Clause 5 of this Invitation for Bids, on or before 11:00:00 hours Maldivian Time on 20^th October  2024, at which time they will be opened in the presence of the Bidders who wish to attend the bid opening. Late bids will be rejected.