PUBLIC NOTICE ON INVITATION TO BID (ITB)

◇ ITB NO. KEPRI-I-28053
◇ BIDDING PRODUCT: IGCC Dynamic Simulator 1 Set
◇ DELIVERY: 11 months
◇ BID DUE DATE AND TIME: October 21, 2008, 14:00 K.S.T.

1. Bidding method: International competitive bidding
The 1st negotiable bidder is awarded upon completion of the comprehensive evaluation conducted by the following procedures:
In the first stage, KEPRI will evaluate the technical and commercial information; ahead of evaluating technical specifications, the bidder should be qualified through minimum qualification criteria in section 3.3 of Proposal Technical Submittal Requirements. Then, select those proposals which meet the technical specifications enclosed in the ITB. And, thereafter, KEPRI will open the sealed priced proposal.
In the second stage, KEPRI will evaluate all costs relating to the scope of supply, including costs for freight and insurance to unloading port in Korea and operating costs, where applicable.

2. ITB documents
The bidder can read the whole ITB documents at the following website:
http://www.kepri.re.kr/

3. Bid bond
A bid bond of not less than five (5) percent of the total bid value in the form of bank guarantee or surety bond, standby L/C, or Korean equivalent options shall be submitted to KEPRI by 17:00 one day prior to the bid due date above.

4. Proposal Submission
Manufacturer’s direct proposal is preferable. In the event that the bidder is not the manufacturer, manufacturer’s regional exclusive agent or distributor having authorized certificate or a power of attorney is able to attend the bid. However, the negotiation after the award shall be executed directly between the KEPRI and manufacturer.
In case that KEPRI requests, the bidder shall present the original agreement of exclusive agent or sales representative to the KEPRI for confirmation.

5. Place of Bidding
Room No. 101, 1st floor of Administration Bldg., Korea Electric Power Research Institute,
65 Moonjiro, Yuseonggu, Daejeon 305-380, Korea.
For contractual details, please contact a researcher, Chung-Hyo Kim
by e-mail: ch2kim@kepco.co.kr / TEL +82-(0)42-865-5045 / FAX +82-(0)42-865-5044
For technical details, please contact a researcher, Yong-Jin Joo
by e-mail: yjjoo@kepco.co.kr / TEL +82-(0)42-865-5380 / FAX +82-(0)42-865-5497

September 24, 2008

Korea Electric Power Research Institute (KEPRI)
Korea Electric Power Corporation (KEPCO)