Tenders Are Invited For Drilling And Maintenance Project For (14) Water Wells

Tenders are invited for Drilling and Maintenance Project for (14) Water Wells: Digging (14) Water Wells in Various Fields of Sirte Company for Desalination and Firefighting Systems. Brochure price D.L.: 2,500 Dr.. to The unpriced financial offer shall be accompanied by an initial insurance amounting to (10,000 L.D.) ten thousand Libyan dinars under a letter of guarantee or a certified instrument issued by one of the banks operating in Libya in the name of the Sirte Oil and Gas Production and Manufacturing Company in a separate, sealed, waxed envelope . No bid will be accepted unless it is accompanied by the initial insurance. The value of the initial insurance will be refunded to those who did not win the bid. The winning bidder must provide a final insurance in an amount of not less than 10 % of the total value within a period of 30 days from being notified of the acceptance of his offer. The final insurance must remain in effect for the duration of the contract, until the contractor fulfills all his obligations, and the final insurance is released after the expiration of the contract period. The guarantee (performance guarantee) is not less than one year from the date of initial receipt of the works, and after the contractor has fulfilled all his contractual obligations stipulated in the contract. [Disclaimer: The above text is machine translated. For accurate information kindly refer the original document.] Tender Link : https://www.sirteoil.com.ly/?cat=99