Eastern Refinery Limited Tender Notice 2024

What is the procedure to get the Eastern Refinery Limited tender?

According to google, To participate in the tendering process of Eastern Refinery Limited (ERL) in Bangladesh, you need to follow a specific set of procedures. Eastern Refinery Limited, being a state-owned enterprise, typically adheres to standard public procurement guidelines. Here is a general overview of the steps you might need to follow:

1. Stay Informed

• Check Official Sources: Regularly visit the official website of Eastern Refinery Limited (ERL) and other relevant government tender portals, such as the Central Procurement Technical Unit (CPTU) website.
• Newspaper Advertisements: Tenders are often advertised in national newspapers. Keep an eye on the tender sections of major Bangladeshi dailies.

2. Registration and Prequalification

• Vendor Registration: If required, register your company with ERL as a potential vendor or supplier. This may involve submitting company details, previous work experience, financial statements, and other relevant documents.
• Prequalification: For certain large or specialized projects, ERL might require prequalification. This process assesses the capability and capacity of potential bidders.

3. Purchase Tender Documents

• Tender Notice: Once a tender is announced, details will be provided on how to obtain the tender documents. These can often be purchased from the ERL office or downloaded from their website.
• Tender Fee: Pay the required tender fee, if applicable, to obtain the tender documents. This fee is typically non-refundable and can vary depending on the project.

4. Review Tender Documents

• Careful Examination: Thoroughly review the tender documents to understand the scope of work, technical specifications, eligibility criteria, terms and conditions, and submission deadlines.
• Clarifications: If you have any questions or need clarifications, contact ERL within the specified period. Sometimes, pre-bid meetings are held to address bidders’ queries.

5. Prepare Bid Proposal

• Technical Proposal: Prepare a comprehensive technical proposal that addresses all the requirements outlined in the tender documents. Ensure you include all necessary documentation such as technical specifications, project plans, and compliance certificates.
• Financial Proposal: Prepare a detailed financial proposal including a cost breakdown, payment terms, and any other financial information required.
• Bid Security: Include the bid security (earnest money) as specified in the tender documents. This is usually a percentage of the bid amount and must be submitted in the form of a bank guarantee or other acceptable financial instruments.

6. Submit the Bid

• Packaging: Ensure your bid is packaged as per the instructions in the tender documents. This usually involves separate sealed envelopes for technical and financial proposals.
• Submission Deadline: Submit your bid to the specified location before the deadline. Late submissions are typically not accepted.

7. Bid Opening and Evaluation

• Bid Opening: Attend the bid opening session if it is open to bidders. This is where ERL will publicly open the bids and announce the key details.
• Evaluation: Bids are evaluated based on the criteria set out in the tender documents. This can involve technical evaluations, financial evaluations, and sometimes interviews or presentations.

8. Contract Award

• Notification: If your bid is successful, you will receive a notification of award. This will be followed by the signing of a formal contract.
• Performance Security: You may be required to submit a performance security or bond as part of the contract signing process.

9. Project Execution

• Compliance: Ensure compliance with all contractual obligations and project timelines as specified in the contract.

By following these steps and ensuring thorough preparation, you can effectively participate in the tendering process of Eastern Refinery Limited. For specific and detailed guidelines, always refer to the actual tender documents and official communications from ERL.

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