1. Type of Tendering: International competitive tendering

The 1^st 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; then, select those proposals which meet the Technical Conditions, GTC (General Terms and Conditions) and the requirements of this ITT. And, thereafter, KEPRI will open the sealed priced proposal at a date and time to be announced later by KEPRI. The bidder which has been disqualified in this stage shall be excluded from the second stage.

In the second stage, KEPRI will award the 1^st negotiable bidder to the lowest bidder whose bid price is satisfied within KEPRI’s Contract Target Price.

 

2. ITT documents

The bidder can read the whole ITT documents at the following website:

http://www.kepri.re.kr/ (Bid Information in English version)

 

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 Time-limit for Application above.

 

4. Proposal Submission

The bidder should refer to the Instruction and Information to Bidders and Form of Proposal attached with this ITT for preparing and submission of proposal. 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 Tendering

Room No. 101, 1^st floor of Administration Bldg., Korea Electric Power Research Institute,

For contractual details, please contact a researcher, Chung-Hyo Kim

For technical details, please contact a researcher, by Yong-Chan Jung

bye-mail: keprichan@kepco.co.kr / TEL +82-(0)42-865-5481 / FAX +82-(0)42-865-5604