TERMS :

• LOCAL AGENTS HAVE NO RIGHT TO PARTICIPATE IN TENDERS.
• AUTHORIZATION LETTER FROM MANUFACTURER, MOTHER COMPANY, SHOWING THEIR APPROVAL TO COLLECT TENDERS

 

1. PRICES :

§  ITEMIZED PRICES IN (U.S. DOLLAR) BASED ON (C&F ENTRY POINTS-INSIDE IRAQI BORDERS).

§ ALL THE ITEMS & THE SPARE PARTS LIST OF THE OFFER SHOULD BE ITEMIZED PRICES.

§ YOUR OFFER MUST BE ITEMIZED ACCORDING TO OUR TENDER.

2. NORTH OIL COMPANY HAS THE RIGHT OF PARTIAL ORDER OTHERWISE TO BE CLEARLY DEFINED.

3. NOC IS NOT COMMITTED OF ACCEPTING LOW PRICES .

4. PAYMENT TERMS :

a)        IRREVOCABLE CONFIRMED L/C PAYABLE AT SIGHT (RELEASE 100% AFTER RECEIVING AND CHECKING THE MATERIALS IN NOC STORES).

b)        A FINE OF (1 %) (PER WEEK) OF TOTAL ORDER AMOUNT WILL BE DEDUCTED FOR ANY UNJUSTIFIED DELAYED DELIVERY CAUSED BY THE SUPPLIER. TOTAL FINE WILL NOT EXCEED 10% OF ORDER AMOUNT.

c)        A PERFORMANCE BOND OF (5 %) SHOULD BE SUBMITTED TO UN IRAQI BANK IF THIS TRANSACTION IS FINALIZED TO YOUR INTEREST.

d)        YOUR PARTICIPATION SHOULD BE COVERED BY A BID BOND (FROM IRAQI BANK) SUBMIT AS FOLLOWS:

1-   (3 %) OF YOUR OFFER TOTAL PRICE COMPLY  WITH YOUR COMMERCIAL OFFERS.

2-   5 % OF CONTRACT AMOUNT SUBMIT UPON SINGING CONTRACT (THE A MOUNT IN ITEM D-1 WILL BE A PART OF THE SUM IN ITEM (D-2) . (I.E THE AMOUNT IN (D-1 & D-2) WILL BE NOT EXCEED 5 % OF CONTRACT AMOUNT.

5. THE OFFER SHOULD BE INCLUDED THE FOLLOWING : 

a)        DELIVERY PERIOD SHOULD BE CLEARLY SHOWN.

b)        ENTRY POINT, PORT OF SHIPMENT, ROUTE OF SHIPMENT, ARRIVAL PORT & EXPORTING COUNTRY SHOULD BE CLEARLY SHOWN .

c)        CLEAR & COMPLETE SPECIFICATION OF INSTRUMENTS, EQUIPMENTS & / OR SYSTEMS, INCLUDING OPTIONAL TOOLS & / OR INSTRUMENTS NECESSARY FOR CALIBRATION &/ OR OPERATION. SPECIFICATIONS MUST CONTAIN MODEL NUMBERS (OR TYPE NOS.), OF INSTRUMENTS / EQUIPMENTS OFFERED, COMPLETELY & PRECISELY STATED.

d)        MANUFACTURER NAME & COUNTRY OF ORIGIN OF MATERIALS SUPPLIED WHICH WILL NOT BE SUBJECTED TO ANY ALTERATION WHATSOEVER AFTER  CONTRACT  SIGNATURE ( YOU SHOULD SPECIFY COUNTRY OF ORIGIN AND THE PHRASES EUROPE, EUROPEAN COUNTRY, E.E.C. ETC.., NOT ACCEPTED).

e)        CATALOGUES & TECHNICAL SPECIFICATIONS OF ALL OFFERED INSTRUMENTS / EQUIPMENTS MUST BE ATTACHED WITH EACH OFFER IN ENGLISH LANGUAGE.

f)           DATA SHEETS & SAMPLES IF NECESSARY.

g)        THE MODEL NO. SHOULD BE CLEARLY SHOWN.

h)        WARRANTY:

§ THE MATERIALS SHOULD BE UNDER WARRANTY AT LEAST FOR (12) MONTHS FROM THE DATE OF SUPPLYING.

i)          OFFER VALIDITY

§ OFFER VALIDITY SHOULD BE NOT LESS THAN 120 DAYS.

j)          BANK DETAILS INCLUDING ACCOUNT NO. & SWIFT CODE SHOULD BE CLEARLY SHOWN.

k)        CERTIFICATE OF REGISTRATION OF YOUR COMPANY / ESTABLISHMENT BY THE COMPETENT AUTHORITIES IN YOUR COUNTRY, RATIFIED DUELY BY THE IRAQI EMBASSY / INTEREST SECTION CONCERNED IN YOUR COUNTRY.

l)          THE ABOVE CERTIFICATE OR ANY OTHER AUTHENTIC DOCUMENTS SHOWING CLEARLY THE FOLLOWING INFORMATION ABOUT YOUR COMPANY:

§ FULL LEGAL NAME & ADDRESS.

§ NATIONALITY.

§ SPECIALTY AND THE STATUS OF THE COMPANY AS AN ENTITY (I.E. MOTHER COMPANY   / ASSOCIATED COMPANY, MANUFACTURING COMPANY / SUPPLIER COMPANY   … ETC).

m)      BRIEF OVERVIEW, CORPORATE    ACTIVITIES, PROJECT LISTING OR EXPERTISE, FINANCIAL PROFILE   … ETC.

            IT IS TO BE CLEARLY UNDERSTOOD THAT THE TOTAL PRICE OFFERED MUST BE THE ROCK-BOTTOM PRICE AS THE ISSUE OF PRICE PRODUCTION WILL NOT BE A SUBJECT OF ANY NEGOTIATIONS WHATSOEVER AND HENCE THE TOTAL OFFERED PRICE WILL BE CONSIDERED FINAL AND BINNING.

FOR THE PURPOSE OF CONTRACT SIGNATURE, THE PERSON FROM YOUR COMPANY COMING TO SIGN THE CONTRACT SHOULD BE FULLY EMPOWERED VIA A “POWER OF ATTORNEY” AND SHOULD BE EITHER OF THE FOLLOWING OFFICIALS OF YOUR COMPANY: -

        (A)- THE DIRECTOR GENERAL.

        (B)- THE DEPUTY DIRECTOR GENERAL.

        (C)- THE COMMERCIAL MANAGER.

        (D)- THE SALES MANAGER.