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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

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