Invitation for Bids (IFB)
Due to COVID-19 Virus, following revision has made on Invitation for Bids
(If you are unable to purchase a Bidding Document in Mongolia, you can send a representative who can purchase in Mongolia)
13, February 2020
Mongolia
MON-14
Heating System Improvement Project of 10 Mongolian Province Centers
LOT A
/Zuunmod/Chinggis/Arvaikheer/Altai/Uliastai/Bayankhongor/Choir/Baruun-Urt/
Brief Description of Works
[Nationality of Entities]
The single entity or all the entities consisting of a Joint Venture who is (are) the Korean nationality holder(s) at the time of bidding shall be eligible for the bidding as per the requirements of the Loan Agreement.
[Pending Litigation]
All pending litigations of either a single entity or each member of Joint Venture shall be treated as resolved against him, and so shall any entity in total exceeding more than thirty (30) percent of his net worth shall not be eligible for the bidding.
[Historical Financial Performance]
As a minimum, the net worth of an entity calculated as the difference between total assets and total liabilities shall be positive for the last five (5) years.
[Average Annual Construction Turnover]
The Average Annual Construction Turnover of an entity or entities combined shall be, at least, seventy five million US dollars (US$ 75,000,000) calculated as total certified payments received for contracts in progress or completed, within the last five (5) year. And, when a Joint Venture is made for the bidding, it shall be eligible for the bidding only if each member shall have, at least, twenty-five (25) percent of this amount, and, additionally, one member of whom shall have forty (40) percent of this amount as well.
[Financial Resources: Cash Flow Generation Capability]
The single entity shall demonstrate access to, or availability of financial resources such as liquid assets, unencumbered real assets, lines of credit, and other financial means, other than any contractual advance payments, the amount of thirty-six million US dollars (US$ 36,000,000).
For an entity of a Joint Venture, each member shall be able to demonstrate the Cash Flow generation capability of forty percent (40%) of this amount, and also, at least, one member of the Joint Venture shall have the capability of sixty percent (60%) of this amount for the qualification.
[Specific Construction Experience]
Only either the single entity or all the entities combined having the track records of five (5) or more Energy Production and Supply Plant projects generating hot water and/or steam during the previous ten (10) years from the bid open date, his own portion of which the contract amount individually shall be equal to or exceed twenty million US dollars (US$ 20,000,000) and, at least, one of which shall be equal to or exceed one hundred million US dollars (US$ 100,000,000) is (are) eligible for the bidding.
[Construction Experience in Key Activities]
Either a single entity or all the entities of a Joint Venture combined shall have the following construction experience to be eligible for the bidding through the demonstration of the following construction experiences.
Each of the following requirements shall be met as the key activity in a single project.
Account Name: Ministry of Finance (100900011609)
Account No.: 340101868003
Beneficiary’s Bank: State Bank of Mongolia, Ulaanbaatar, Mongolia
SWIFT code: STBMMNUB
Correspondent bank name: China Construction Bank, New York Branch
Correspondent bank address: 1095 Avenue of the Americas 33rd floor New York, NY 10036
SWIFT code: PCBCUS33
Account No.: 675201295560
The document will be provided to registered representative of the Bidders by hard copies and PDF files from the day of Bid issued.
This Invitation is effective until 17:30pm, 10th March 2020, after it is published on the official website or in a newspaper.
Ministry of Energy
D.Turtulga, officer of Thermal Division,
Policy and Implementation Coordination Department
3rd Floor, Room No.301
Ministry of Energy, Mongolia, Government building #14,
Chinggis avenue, 3rd khoroo, Khan-Uul district,
Ulaanbaatar, Mongolia, 17060
E-mail: duurenbayar@energy.gov.mn
Telephone: +976-51-263074
Telephone: +976-70001196