Tenders Are Invited For Supply And Delivery Of Aluminium Phosphide Pellets

Tenders are invited for Supply and Delivery of Aluminium Phosphide Pellets 4.Bid Security/ Bid Bond The Bidder must include either: The Tender must be accompanied by a Bid Bond or Bid Security of USD200.00 valid for 60 days after tender closing date (bidding period) plus an additional 28 days, in line with Section 26 of the Procurement Regulations (S.I.5 of 2018). Bidders are free to choose the form of Bid Security that they would want to submit from any one of the following options below: - Option 1 ---------- A Bank Guarantee of USD$200 in the name of GMB. Option 2 --------- A Cash Deposit to the Authority (PRAZ) of USD$200 (Please submit your banking details to PRAZ and also inset them in your bid document). If Option 2 is chosen bidders must pay USD$200 for the Bid Security that shall be Refundable at the end of the Bidding period plus another USD150.00 which shall be non-refundable for cash bid bond establishment fee in line with Part 1V of the Procurement Regulations (S.I.5 of 2018). FCA ACCOUNT: (FOREIGN DEPOSITS) Bank Name Commercial Bank of Zimbabwe Account Name Procurement Regulatory Authority of Zimbabwe Account Currency United States Dollars (USD) Account Number 01121064850040 Branch Kwame Nkrumah Branch Sort Code 6101 Swift Code COBZZWHAXXX Tender Link : http://www.gmbdura.co.zw/index.php/tenders/category/4-tenders