According to Law No. (29) of 2010 the name of Legislative Decree No. (36) of 2002 with respect to Regulating Government Tenders and Procurements is amended to read “with respect to Regulating Government Tenders, Bids, Procurement and Sales”. Further, the phrase “disposing party” replaced the phrase “buyer” in the definitions contained in Article (1) and the definition of the Board in the same Article is amended to read “Tenders and Bids Board”.
Terms and Conditions of Participation:
Eligibility and rules of origin of Participation: All our tender supply project is open to all legal persons(Participating either individually or in a group(consortium) of tenders,foreign companies which are established in all country or territory of the regions covered and/or authorized by the specific instruments applicable to the program under which the contract is financed, All products supplied under this contract must be of good quality and in compliance with standard.
Every Participating companies must have a local representative who is Accredited by the Bahrain Economic Supply Projects. All interested companies who wish to to be part of the Published tender supply project must be registered as one of our legal contractor/supplier.
Tender documents :
All Prospective suppliers in response to an invitation to tender are to submit the follow documents;
- A Letter of Intent stating suppliers interest and ability to handle the contract.
- Company Profile in PDF format
- Incorporation/Registration Certificate of your business name in your country (a copy)
- A quotation or proforma Invoice covering the products to be supply(FOB or CIF)
- Filled Vendor Registration form with Payment proof
- Certificate of standard for the product to be supplied(if any)
Submission of Tender/Bid Documents:
Documents must be submitted by hand to the CHAIRMAN of the Committee through an accredited Agent that will function as a local representative of the company throughout the tender supply processes.
Contract Payment:
Successful Company(s) will receive their contract payment in their preferred bank account within Five (5) working days of Contract Agreement Endorsement. Every foreign Invoice Payments are transferred directly to the Awarded Company's bank account from the Bahrain Economic Supply Projects paying bank in Bahrain or from our affiliated foreign paying bank
Company/Tender Registration Fee:
All our suppliers/contractors are under statutory legal obligation to be registered with this Board as our legal and Non residential supplier. Company Tender Registration and Submission Fee is 100% refundable to bidding companies that do not meet nomination status for Contract Award within two days of their formal disqualification from the tender.
Meeting and Site Visitation:
kingdom of Bahrain Economic Supply Projects may at their discretion send a delegation to the suppliers company in other to ascertain their production plant,level of production in progress and have a meeting therein, a supplier who wishes to come for an official negotiation is allowed to visit this office on appointment only.
Language of the Contract:
All written communications for this tender procedure and contract must be in English Language All contract supply document must be address to:
Office of the Chairman
Bahrain Economic Supply Projects
Office 564 building Rd 9424
Manama, Bahrain.
Payment Term:
Every contract winner receives 80% advance payment and then 20% before shipment,Bahrain Economic Supply Projects also reserves the sole right to pay 100% advance in full.