Tenders Are Invited For Installation Of A New Power Line

Tenders are invited for Installation of a New Power Line from Km 91 to Km 81. Price of the notebook D.L. 3,000 The following Documents are Required to be Submitted with the Bids : - Articles of Association - a Copy of the Commercial Register (Valid). - Valid Business License. - Valid Tax Payment Certificate. - Certificate of Payment of Social Security Contributions. - Certificate of Registration with the Chamber of Commerce - Minutes of the General Assembly Meeting. - The basic system. - The applicants financial position for the last three years. - Decision of the Ministry of Economy and Trade permitting the practice of the activity (for foreign companies). Bidding Terms: · Bids shall be submitted in accordance with the attached tender specifications and requirements. Bids that do not meet the required conditions will not be considered. · Bids must be submitted in two separate envelopes, sealed with red wax and stamped with the bidders stamp, indicating the project name and tender number. The first envelope contains the technical bid ( original + two copies + a CD copy ) and an unpriced financial bid, while the second envelope contains the financial bid (original and copy) . · The unpriced financial offer must be accompanied by a preliminary bond in the amount of 10,000 Libyan dinars, based on a letter of guarantee or a certified check issued by a bank operating in Libya in the name of Sirte Oil and Gas Production and Manufacturing Company, in a separate, sealed, and waxed envelope . No offer will be accepted unless accompanied by a preliminary bond. The value of the preliminary bond will be returned to those who do not win the bid. · The winning bidder must submit a final guarantee in the amount of no less than 10 % of the total value within 30 days of being notified of the acceptance of his bid. The final guarantee must remain valid for the duration of the contract, and until the contractor has fulfilled all of his obligations. The final guarantee shall be released after the expiry of the guarantee period (performance guarantee), which is no less than one year from the date of initial acceptance of the works, and after the contractor has fulfilled all of 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