Tender Documents - Oil India Limited
Tender Documents - Oil India Limited
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.