Procurement

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Invitation for Bids

1.    The People's Republic of Bangladesh has received a loan from the Asian Development Bank (ADB) for the Sustainable Power Sector Development Programme and it is intended that part of the proceeds of this loan will be applied to eligible payments under the contract named above.

2.    The Power Grid Company of Bangladesh Ltd. (the Employer) invites sealed bids from eligible bidders for design, supply, erection, testing & commissioning of 400 kV transmission lines on turnkey basis as defined in the Bidding Document (the Works). The Works include:

Design, supply, delivery, erection, testing & commissioning on turnkey basis of 400 kV double circuit transmission lines from Meghnaghat to Aminbazar (approx. 51km).

Details of the scope of work are specified in the bidding document.

3.    International Competitive Bidding will be conducted in accordance with ADB's Single-Stage: Two-Envelope Bidding Procedure and is open to all bidders from eligible source countries.

4.    Bidders shall meet the following minimum requirements along with other requirements as mentioned in the Bidding Documents:

1. Bidders must have the project execution experiences including engineering, management, foundation, erection, stringing & commissioning (experience of partner in charge in case of Joint Venture) to demonstrate their capability in at least 3 projects (double circuit overhead transmission line of 345 kV or higher voltage, of which route length should not be less than 30km) of which at least one installation shall be in successful operation for minimum of three years as on the date of opening of technical proposals.

   Bidders (partner in charge in case of Joint Venture) must have project management experience of at least 1 turnkey project (Contract amount should not be less than US$ 8.0 million) outside their own country within the last 10 years as on the date of opening of technical proposals.

   Each Partner of the Joint Venture other than the partner in charge must have successfully completed at least one Contract including engineering, foundation, erection, stringing & commissioning of 345 kV or higher voltage overhead transmission line as contractor or subcontractor within the last 10 years as on the date of opening of technical proposals.

2. Bidders shall provide Audited Financial statements or other forms of Financial Statements such as Balance Sheets/Financial Statements certified by a registered accountant and supported by copies of tax returns for the last 3 years as documentary evidence regarding Liquid Assets and Annual Turnover with their Bids. The minimum Liquid Assets for the last year & minimum average Annual Turnover for the last 3 years of the Bidder's organization or Joint Venture shall not be less than the following:
   1. Liquid Assets: US$ 4.5 million
   2. Average Annual Turnover: US$ 10.0 million

The partner in charge in case of Joint Venture shall meet not less than 50% and each partner of the Joint Venture shall meet not less than 25% of the minimum criteria given above item (b) (i) & (ii).

5.    The Works under this turnkey contract shall be completed within 24 months from effective date.

6.    Bidders may obtain further information and inspect and purchase the Bidding Document at the following address:

Power Grid Company of Bangladesh Ltd. (PGCB)
IEB Bhaban (4th Floor), Ramna, Dhaka-1000
Tel. No.: 880-2-9555475, 880-2-9550514, 880-2-9558054
Fax No.: 880-2-7171833

7.    To purchase the Bidding Document, bidders should:

• submit a written application to the Company Secretary, PGCB at the above address;
• pay a non-refundable fee of USD 400.00 or Tk. 28,000 in the form of Pay Order/ Demand Draft in favor of the Power Grid Company of Bangladesh Ltd.
• Bidding Document may also be sent through courier for an additional fee of Tk 500 (local delivery) or US$ 50 (for overseas delivery).

8.    Bidders are to submit simultaneously two sealed envelopes, one containing the technical bid and another containing the price bid. Initially only the technical bids will be opened. The price bids will remain un-opened and will be kept in the custody of the Employer until the time of opening of the price bids.

9.    Deliver your Bids to:

• the Office of the Company Secretary at the abovementioned address;
• on or before 11:00am BST on 30 September 2008;

10.    All bids must be accompanied by a Bid Security of US$ 240,000 or an equivalent amount in a freely convertible currency. The bid security must be included with the technical bid.

11.    The technical bids will be opened immediately at 11:05 am at the above address in the presence of bidders' representatives who choose to attend.

12.    The price bids will be opened in the presence of the bidder's representatives who choose to attend at the time and date and at the address to be advised by the Employer after approval of ADB of the evaluation of the technical bids.

13.    In the comparison of bids, ADB's Domestic Preference Scheme will be applied in accordance with the provisions stipulated in the Bidding Documents.

14.    PGCB will not be responsible for any costs or expenses incurred by bidders in connection with the preparation or delivery of bids including costs and expenses related to visits to the sites of installation of the Works.