Project Number: TES/2015/W-142

    INVITATION FOR BIDS   

 Maldives Environmental Management Project (MEMP) – Additional Financing

Dredging of R.Vandhoo Harbour

IFB No.: 035/4427-MAL

1. The Government of the Republic of Maldives has received credit from the International Development Association (IDA) towards the cost of Maldives Environmental Management Project (MEMP) – Additional Financing, and it intends to apply part of the proceeds of this credit to eligible payments under the Contract for Dredging of R.Vandhoo Harbour.

2. The Ministry of Finance and Treasury, on behalf of Ministry of Environment and Energy (the Employer), invites bids from eligible and qualified bidders to the Dredging of R.Vandhoo Harbour.

3. Bidding will be conducted through the National Competitive Bidding (NCB) procedures specified in the World Bank’s Guidelines: Procurement under IBRD Loans and IDA Credits and Grants by World Bank Borrowers dated January 2011, and is open to all bidders from Eligible Source Countries as defined in the Guidelines.

4. Qualifications requirements are stated in the Bidding Document.

5. The Bidder shall be registered to submit a bid upon payment of a non-refundable Registration fee of MVR 500.00 (Maldivian Rufiyaa One Thousand Five Hundred) from 07^th September 2015 to 30^th September 2015 between 0830hrs and 1430hrs on all working days. A complete set of bidding documents in electronic format shall be available for download from the Ministry of Finance and Treasury website www.finance.gov.mv

6. The Bidder shall submit documentary evidence of no due payment to the Government of Maldives (Tax Clearance Report), obtained from Maldives Inland Revenue Authority. This document shall be dated no earlier than 10 (Ten) working days prior to the bid submission date.

7. A pre-bid meeting will be held on 16^th September 2015 at 1300 hrs Maldivian time at the Tender Evaluation Section Meeting Room of the Ministry of Finance and Treasury.

8. Bidders may obtain further information from the following address:

Tender Evaluation Section

Public Procurement Division

Ministry of Finance and Treasury,

Ameenee Magu, Malé, Maldives,

Tel: (960) 3349191, (960) 3349106

Fax: (960) 3320706, (960) 3324432

E-Mail:  [email protected]

Copy to: [email protected]

9. The Bidder shall furnish a bid security of MVR 20,000.00 (Maldivian Rufiyaa Twenty Thousand) which shall be valid for 119 days from the date of bid opening. The amount of performance security shall be 5% of contract price. An advance payment of 15% of contract price will be provided upon submission of an advance payment guarantee.

10. Bids shall be valid for a period of 91 days from the date of bid opening and shall be delivered to the Ministry of Finance and Treasury at the address specified above in Clause 7 of this Invitation for Bids, on or before 1000 hours Maldivian time on 01^st October 2015, 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.