WORK / CONSTRUCTION TENDER:


 WORKS FOR CONSTRUCTION INVITING TENDERS,

SHORTLISTING OF PRE-QUALIFIED BIDS, / FINAL BIDS.
1) Procedure for inviting tenders:
a) The tender documents are prepared consisting of standard General Conditions of Contract, Special Conditions of Contract, if any, and the technical portion.
b) The technical portion is prepared based on KIOCL's requirement and with the assistance of the consultants where the external consultancy is required.
c) The bidders are required to furnish EMD amount specific for the particular tender depending on the nature of work, bid documents will be issued either free of cost or against a fee.
d) The bidders are required to submit the Price bids only after specific request of KIOCL subsequent to technical portion or to submit technical and price portion in two separate sealed covers properly super scribed. The offers as per GCC are to be valid for ninety days from the due date of submission of bids.

In case of open tender, the minimum requirements like experience in major activities required for the work, the value of the previous contract executed , work experience in similar nature of work, etc., are specified. Bids will be issued to such pre-qualified bidders only.

In case of limited tenders, the bidders are selected based on the requirement of the works and the recommendations of consultant and/or experience of KIOCL.
e) The bidders list finalized for issue of tender by the dealing Department is subject to the approval of competent Authority of KIOCL.
2. Shortlisting of pre-qualified bids:
The technical portion of the bids will be opened and the same is evaluated in consultation with the Consultant in case where the consultant services are made use of.

If required technical discussions will be held with the bidders to evaluate the technical acceptability / suitability of the bidders.
3. Final bids:
Only the technically accepted bidders will be requested to furnish the Price bids / the Price bids already submitted will be opened. These price bids are opened jointly with the    participation of the KIOCL Finance Representative.

Generally, the price bids are not opened in the presence of the bidders.

The L-1 bidder is identified by comparative statement duly vetted by KIOCL Finance Dept.

In line with the CVC guidelines, negotiations, if any, are held only with the L-1 bidder.

When the award is finalized, the successful bidder is informed by Letter Of Intent / Work Order. The EMD of successful bidder will be adjusted against Security Deposit / Returned on submission of Security Deposit.

The EMDs of the unsuccessful bidders will be returned.

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