Reference No: FNK-I/IUL/2020/074

Procurement of Transformers

Fenaka Corporation Limited requests quotations from interested local and foreign companies to supply transformers as per Information Sheet attached. This is a retender of FNK-I/IUL/2019/301.

• All bids should be accompanied with a bid security of USD 15,000.00 (Fifteen Thousand
• US Dollars).
• Bid security should be:

-          Original bank guarantee letter (or)

-          Bank guaranteed and stamped cheque (or)

-          An insurance policy from Maldives Monetary Authority registered insurance company.

• Bid security must be submitted in the name of the bidder.
• Bid security should be valid for 20 (twenty) additional days beyond the validity of the quotation.
• Bid should be valid for a period of 60 (sixty) days from the date of bid opening.

Interested bidders shall register (excluding public holidays) at Fenaka Corporation Head Office (7^th Floor, Ports Complex Building) as mentioned above and late registration is not accepted.

Bids shall be opened on 18^th March 2020 at 1000hrs Maldivian time, in the presence of the bidders and any late bids will be rejected.

Important Note:

Please note that only the parties who registered are eligible to participate in the tender. Also, it is in Fenaka Corporation Limited’s discretion to cancel this bid invitation at any time.

All inquiries shall be emailed to [email protected]

10^th March 2020