TERMS & CONDITIONS:
1) The award of contract shall be on the basis of above/ below engineer estimate on MRS-2024 (1st Bi Annual) instead of item rate.
2) The contractors quoting their bids up to a limit of 10% below Engineer estimate shall submit bid security @ 2% only of Engineer Estimate.
3) The contractors quoting their bids more than 10% below up to 20% below on Engineers
Estimate shall submit along with their bids 8% Additional Security of Engineers Estimated cost in addition to 2% bid security. If the bid is not accompanied with the required amount of additional security, then it will be considered as non-responsive and the 2% bid security shall be forfeited in favor of Government and the second lowest bidder and so on will be considered accordingly.
4) Similarly, a contractor quoting bid more than 20% below shall submit with his bid an
Additional Security on Engineer’s estimated cost equal to the differential amount of submitted bid and Engineer Estimate along with detailed rate analysis. In case of more than 20% below bids, if the bid is not accompanied by the detailed rate analysis and / or required amount of additional security, then the said bid shall be considered as non-responsive. All the securities submitted along with such non-responsive bid shall be forfeited in favor of Government and the 2nd lowest bidder and so on will be considered accordingly.
5) In case detailed rate analysis submitted with the bids is in view of the Procuring Entity, not convincing, the head of the Procuring Entity may declare such bid as non-responsive without any forfeiture of bid securities and record reasons thereof.
6) The procuring entity may offer the contract to next lowest bidder after due diligence in the context of financial difference between such two bids or may advertise procurement opportunity afresh.
7) The Additional Security shall be released to the contractor in four installments i.e., 1st installment of 25% to be released upon completion of 25% of the project, 2nd installment of 25% to be released upon completion of 50% of the project, 3rd installment of 25% to be released upon completion of 75% of the project and the 4th installment of 25% to be released after 100% completion of the project.
8) Sealed bids shall reach on or before 21-01-2025 up to 02.00 PM and will be opened on the same date at 02:30 PM in the presence of bidders by the Tender Committee.
9) These documents are compulsory with tender form: i. Fresh Registration of LCB. ii. Fresh Registration of KP Revenue Authority. iii. The downloaded BOQ iv. Owner CNIC copy must be attached.
10) After issuing the work order, if the contractor / firm do not commence the work
in one week, then the tender will be cancelled including forfeiting of security.
11) Issuance of work orders/ commencement of work on the above schemes shall be subject to availability of funds.
12) According to the Government Laws, all the taxes will be deducted.
13) In case of receiving equal offers, the award of contract shall be decided through a free
toss which shall be final.
14) Tender form and BOQ, can be downloaded after Two (02) days of wide publicity on
the website www.lgkp.gov.pk.
15) Any cutting/ over-writing on the BOQ will be liable to rejection of the tender and will
be declared non- responsive.
16) The rules and regulation / instructions in future if issued by Provincial Govt. of KPK will
be applicable.
Note: The office of TMA Barikot may be reached for further queries during office hours.