Padma Oil Company Limited Tender Notice 2024

What is the procedure to get the Padma Oil Company Limited tender?

According to google, To participate in a tender by Padma Oil Company Limited, which is one of Bangladesh’s oldest and largest petroleum distribution companies, follow these general steps. Note that the exact process might vary based on the tender type, so it is important to carefully read the specific tender notice:

1. Identify Available Tenders

• Official Website: Visit the official website of Padma Oil Company Limited or its parent company, Bangladesh Petroleum Corporation (BPC), to check for published tender notices.
• Newspapers: Tenders are often published in major national newspapers and relevant trade publications.
• e-GP Portal: Padma Oil tenders may also be posted on Bangladesh’s electronic Government Procurement (e-GP) system. Visit the e-GP website https://www.eprocure.gov.bd to see tender notices.

2. Read Tender Documents

• Download or obtain the tender documents from the official website, newspaper ad, or e-GP system.
• Carefully read all requirements, including the eligibility criteria, scope of work, submission deadline, and other terms and conditions.

3. Register and Prequalification

• Company Registration: Make sure your company is registered and authorized to do business in Bangladesh.
• Prequalification: Some tenders require prequalification before the bidding process, especially for large or specialized projects. You may need to submit documents such as business licenses, financial records, and previous project experience to demonstrate eligibility.

4. Prepare Bid Documents

• Technical Proposal: This includes details of how you will meet the tender requirements (e.g., project plan, methodology, timelines, and resources).
• Financial Proposal: Provide the pricing or cost estimates for the project. Ensure it aligns with the pricing structure mentioned in the tender.
• Supporting Documents: Attach all necessary legal and financial documentation, such as:
  • Company registration certificates
  • Tax identification number (TIN)
  • Value-added tax (VAT) registration
  • Audited financial statements
  • Experience certificates from past projects
  • Bank solvency certificates

5. Bid Security/Deposit

• Some tenders require a bid security or earnest money deposit. This is usually a percentage of the total bid value and is submitted as a bank guarantee or pay order. Ensure this is included if specified.

6. Submission of Tender

• Offline Submission: If the tender requires offline submission, submit your bid in a sealed envelope at the designated location mentioned in the tender notice.
• Online Submission: For tenders through the e-GP system, submit your documents electronically. You may need to register on the e-GP portal if you haven’t already.

7. Attend Pre-bid Meetings (If Required)

• Some tenders require attendance at a pre-bid meeting, where clarifications are provided, and questions can be asked. Make sure to attend if necessary.

8. Evaluation Process

• After submission, the company will evaluate the bids based on technical and financial criteria.
• Sometimes, the company may invite shortlisted bidders for further negotiations or presentations.

9. Award of Contract

• If your bid is successful, you will receive a Letter of Intent (LoI) or Work Order. Afterward, you may need to submit a performance bond or guarantee to finalize the contract.

10. Contract Signing and Execution

• Once the formalities are complete, you sign the contract and start executing the project as per the agreed terms.

Tips for Success

• Follow Deadlines: Ensure all documentation is submitted well before the deadline.
• Accuracy: Ensure that your bid complies with all technical and financial requirements.
• Networking: Build relationships with procurement officers and stay informed about upcoming tenders.

Check for updates on the company’s website or the e-GP portal to avoid missing any important details.

You can see these Tender/EOI posts also on our Facebook.

Page- jobmatchingbd.com

Group- jobmatchingbd.com-Group

আরো পড়ুন

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