Quotation Are Invited For Supply Of Trailorized Double Drill Pipe BinsOpening Of Tenders Both Technical Financial Offers Submitted Will Be Opened At The Time And DaySpecified In The Advertised Invitation To Tender At The Offices Of Abraj EnergyServices Any Tender Received After The Time And Date Fixed For Submission OfTenders Will Be Rejected Tender Bond The Bidder Shall Furnish As Part Of His Tender A Tender Bond In The Value Of NotLess Than 1 Of The Tender Value If The Bidder Submits An Alternative Tender TheOne Percent Shall Be Calculated Based On The Highest Tender Value The WordingOf The Tender Bond Shall Be As Per The Prescribed Form Of Tender Bond IncludedWithin The Tender Document See Annexure 12 The Tender Bond Shall Be Denominated In Omani Currency And Shall Be Obtained From A Bank Located And Registered In The Sultanate Of Oman And Valid ForNinety 90 Days From The Latest Date Fixed For The Submission Of Tenders AnyTender Not Accompanied By A Tender Bond Will Be Rejected The Tender Bond Of Unsuccessful Bidders Will Be Returned On Its Expiration Or AfterThe Award Of The Contract To The Successful Bidder The Tender Bond Will Be Forfeited I If A Tenderer Withdraws His Tender During The Period Of TenderValidity Specified In The Tender Documents Or Ii In The Case Of A Successful Tenderer If The Tenderer Fails A To Sign The Contract And OrB To Furnish The Performance Bond Performance Bond For The Due Performance Of The Contract The Supplier Will Be Required To ProvideA Performance Bond Within 10 Calendar Days From The Date Of The Letter OfAcceptance To The Value Of Five Percent 5 Of The Contract Value Obtained FromA Bank Registered In The Sultanate Of Oman And Valid For The Whole Of The ContractAnd Defects Liability Period The Performance Bond Will Be Retained By TheCompany During The Contract And Defects Liability Period And Will Be Returned ToThe Supplier Upon The Satisfactory Completion Of The Defects Liability Period ThePerformance Bond Shall Be As Per The Prescribed Form Of Performance BondIncluded In The Tender Document In Annexure 13 Evaluation Of Tenders After Received Of Bids Abraj Evaluation Team Will Conduct Evaluation Of Bid Technical And Commercial Bids Will Be Evaluated Separately By Different EvaluationTeam Tender Evaluation Strategy Of Bids Will Be Conducted As Per Annexure 03
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