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Tender Documents - Oil India Limited

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2.0 To ascertain the substantial responsiveness of the bid the Company<br />

reserves the right to ask the bidder for clarification in respect of clauses<br />

covered under BRC also and such clarifications fulfilling the BRC clauses in<br />

toto must be received on or before the deadline given by the Company,<br />

failing which the offer will be summarily rejected.<br />

3.0 If any of the clauses in the BRC contradict with other clauses of tender<br />

elsewhere, then the clauses in the BRC shall prevail.<br />

II.<br />

BID EVALUATION CRITERIA (BEC)<br />

The bids conforming to the technical specifications, terms and conditions<br />

stipulated in the bid documents and considered to be responsive after<br />

subjecting to the Bid rejection criteria will be considered for further<br />

evaluation as per the Bid evaluation criteria given below:<br />

1.0 If there is any discrepancy between the unit price and the total price, the<br />

unit price will prevail and the total price shall be corrected. Similarly, if<br />

there is any discrepancy between words and figure, the amounts in words<br />

shall prevail and will be adopted for evaluation.<br />

2.0 For conversion of foreign currency into <strong>India</strong>n currency for evaluation of<br />

Bids, B.C. selling (Market) rate declared by State Bank of <strong>India</strong>, one day<br />

prior to the date of priced bid opening shall be considered. However, if the<br />

time lag between the opening of the bids and final decision exceeds 3(three)<br />

months, then B.C. Selling(Market) rate of exchange declared by SBI on the<br />

date prior to the date of final decision shall be adopted for conversion and<br />

evaluation.<br />

3.0 The bidders must quote their charges / rates in the manner as called for<br />

vide “Schedule of Rates” under Section - IV and the summarized Price Bid<br />

format vide enclosed Proforma - B.<br />

4.0 The contract will be signed with successful bidder for 2(two) years of<br />

operation with provision for extension. Depending on the performance of<br />

the Contractor, the Company reserves the right to extend the contract for<br />

another 1(one) year under the same rate, terms and conditions. Extension<br />

beyond 3 years of operations will be agreed only after rates, terms and<br />

conditions are mutually agreed upon. However, Bids will be evaluated on<br />

total cost for 2 years of operation only.<br />

5.0 The rates towards Standby, Repair, Force Majeure and Fishing will be<br />

restricted to the limit indicated against each as under:<br />

a) Payment towards standby time rate shall be 70% of the operating day<br />

rate.<br />

b) Payment towards rig Repair day rate shall be 60% of operating day<br />

rate.<br />

c) Payment towards Force Majeure day rate shall be 50% of operating<br />

day rate.<br />

d) Payment towards Fishing day rate shall be as per Section-IV:<br />

Schedule of Rates.

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