Tender Documents - Oil India Limited
Tender Documents - Oil India Limited
Tender Documents - Oil India Limited
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NOTE: The above items are defined in Schedule of Rates/Price bid<br />
format.<br />
8.0 Granting of Price Preference to Domestic Bidders (applicable to ICB<br />
tenders only)<br />
Domestic bidders would be entitled to a price preference up to ten<br />
percent(10%) over the lowest acceptable (evaluated) Foreign bid subject to<br />
value addition. For ensuring value addition and eligibility for price<br />
preference, domestic bidders should provide all evidence necessary to prove<br />
that they meet the following criteria :<br />
(a)<br />
(b)<br />
(c)<br />
Be registered within <strong>India</strong><br />
Have majority ownership by Nationals of <strong>India</strong><br />
Not sub-contract more than 80% of the works measured in terms of<br />
value, to Foreign contractors.<br />
For meeting the criteria at (c) above, domestic bidders should obtain a<br />
certificate in original from practicing Statutory Auditor engaged by them for<br />
auditing their annual accounts, which could establish that not more than<br />
80% of the works measured in terms of value has been sub-contracted to<br />
Foreign contractors. The original certificate indicating various subcontracting<br />
details in percentage terms as well as in absolute value should<br />
be submitted in the priced bid. However, a copy of the Statutory Auditor‟s<br />
certificate indicating various sub-contracting details in percentage terms<br />
only and with price details should be submitted in the un-priced bid.<br />
Consortium between domestic(<strong>India</strong>n) and foreign firms led by <strong>India</strong>n firm<br />
shall also be eligible for the price preference provided they fulfill the<br />
conditions of price preference given for domestic bidder at (a), (b) & (c)<br />
above.<br />
However Consortium between domestic and foreign firms led by foreign<br />
firms shall not be eligible for price preference even though their domestic<br />
partner satisfies the conditions given for domestic bidder at (a), (b) & (c)<br />
above.<br />
It must be noted that above information so furnished, if at any stage found<br />
wrong, incorrect or misleading, will attract action as per rules/law.<br />
The bidders are requested to check the latest position on the subject on<br />
their own and OIL does not accept any liability whatsoever on this account.<br />
9.0 CUSTOMS DUTY : The services under this Contract shall be carried out in<br />
ML/PEL areas of the Company which have been issued or renewed to<br />
Company after 01/04/99 and therefore, Customs Duty on the imported<br />
items/equipment/consumables under this Contract presently shall be Nil.<br />
Bidders should take note of the same while quoting. No customs duty is<br />
therefore considered for evaluation.<br />
END OF PART - 2