Request for Quotation

Supply of battery operated electric loader

State Electric Company Limited (STELCO) request sealed quotations from interested and eligible parties for the supply of the following item. This request for Quotation is open for both local and international bidders.

- A pre-bid meeting shall be held on Wednesday 08^th February 2017 at 11:30hrs local time at STELCO Head Office, 2nd Floor meeting room

- All Bids shall be accompanied with a Bid Security MVR 20,000.00 (Twenty Thousand Maldivian Rufiyaa only) which is valid for Thirty (30) days beyond the validity of the bid. Bid Security shall be either a bank guarantee letter, bank certified cheque or bank draft.

1)  Quotation shall indicate the following:

 - Price: Door Step Delivery Price

  Currency (If not stated, shall be assumed as Maldivian Rufiyaa).

- Delivery period (In days)

- Payment: 100% upon delivery within 30 working days.

- Payment terms: Payment shall be made in Maldivian rufiyaa

- Quotation validity: Quotation validity shall be minimum 45 days from the date of quotation opening.

- Company details: Shall submit company profile, registration copy and contact details.

2)  Quotation Evaluation Criteria:

Approved bids shall be evaluated on the following basis. Points (Pts) shall be given according to the formula below.

• Price =                                    85pts [(Minimum Quoted Price) / (Quoted Price) x 85].
• Delivery period =           10pts [(Shortest delivery period) / (Quoted delivery period) x 10].
• Experience =                      05pts (Shall submit reference letters of previous supplies for similar work).

* Additional (US$25.00 plus 4% of quotation amount shall be included to the price of quotation as financial costs for overseas payments).

3)     The quotations shall be submitted in sealed envelope and addressed as follows:

Head of Procurement Department

State Electric Company Limited.

 (Supply of Electric Loader)

Ref. no: H-2017/31A

- All sealed quotations shall reach STELCO head office on or before Monday, 13^th February 2017, 11:30hrs. Any quotation(s) received after this deadline shall be disqualified.

- STELCO shall not be liable for the misplacement or premature opening for the unlabeled sealed quotations.

4)  Quotation Opening:

• Quotation shall be opened on Monday, 13^th February 2017, 11:30hrs, in STELCO Head Office / 2^nd floor meeting room, in the presence of those parties or their representatives who wish to attend the session.

Important Note:

5)     All necessary documents mentioned in ‘Terms and conditions’ in our website www.stelco.com.mv should be submitted.

6)      It is in STELCO’s discretion to reject/cancel any quotation which does not fulfil or comply the above terms, at any time during the quotation evaluation process. Also it is in STELCO’s discretion to cancel this request for quotation at any time. 

7)     In a state under 8:01 of “Maaliayathu Gavaidhu -8:01- point 7”, bidder shall submit all the relevant documents mentioned in the clause “8:01 – point 7 with the bid document.                   

8)  Further information:

Interested parties may obtain further information from the following address:

Procurement Department

State Electric Company Limited.

Ameenee Magu, Male’, 20349

Republic of Maldives

Tel:  (960) 333 8121 / (960) 333 8156

Fax:  (960) 332 7036

E-mail: [email protected]

05^th February 2017