expression of interest for prime - Cochin Shipyard
expression of interest for prime - Cochin Shipyard
expression of interest for prime - Cochin Shipyard
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E. Period <strong>of</strong> work in CSL & Methodology <strong>of</strong> payment<br />
The selected and finally short listed firms / <strong>prime</strong> contractors will be awarded the full related work <strong>of</strong><br />
vessels as per the “Scope <strong>of</strong> work” <strong>for</strong> a duration <strong>of</strong> 3 years and can be extended to 2 more years<br />
depending upon satisfactory per<strong>for</strong>mance or till the completion <strong>of</strong> existing projects. Further extension can<br />
be made based on mutual agreement. The works are construction <strong>of</strong> small vessels like <strong>of</strong>f shore vessels,<br />
tugs, dredgers etc.<br />
The yard proposes to adopt a lump sum payment method <strong>for</strong> the vessel/ part <strong>of</strong> vessel with stage payment<br />
based on cardinal activities. However the firm can indicate the payment methodology and the exact<br />
methodology will be decided at the end <strong>of</strong> selection process after discussion with selected firms. The firm<br />
shall be conversant with the existing tax laws with respect to Kerala state and central government.<br />
CSL will have operation <strong>of</strong> more than one new building project at a time. Yard at their sole discretion may<br />
allocate a project full or part <strong>of</strong> the vessel or all the projects in the same series depending upon the<br />
capability <strong>of</strong> firm on competitive quotation/ pricing. The firm which is most competitive will be <strong>of</strong>fered<br />
the job. The yard is planning to have MoU with the selected firms based on which a portion <strong>of</strong> future<br />
orders could be taken. Exact details <strong>of</strong> MoU will be finalized based on selection <strong>of</strong> capable firms <strong>for</strong> the<br />
above works.<br />
F. Attached <strong>for</strong>mat may be filled by the firm while submitting the EOI. Any details <strong>for</strong> which further documents<br />
need to be submitted the same shall also be furnished. We are sourcing out firm <strong>for</strong> each type A, B or C.<br />
A firm is expected to respond <strong>for</strong> one category. However if they are <strong>interest</strong>ed <strong>for</strong> two or more separate <strong>for</strong>m<br />
shall be filled.<br />
Deputy General Manager<br />
Small Ship Division