invitation for bids for construction of corporate office

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Invitation for Bids
Life Insurance Corporation (LIC) Nepal
Invitation for Bids for Construction of Corporate Office Building ofLife Insurance Corporation (UC)
Nepal at Babarmahal, Kathmandu, Nepal
Date of publication: 28 January, 2015
1. Life Insurance Corporation (UC) Nepal, Kamaladi, Kathmandu invites sealed bids from all registered
"A' class contractors for the Construction of Corporate Office Building of Life Insurance
Corporation (LlC) Nepal at Babarmahal, Kathmandu, Nepal.
2. Eligible Bidders may obtain further information and inspect the Bidding Documents at the office of
Life Insurance Corporation (LIC) Nepal
Kamalad;, Kathmandu, Nepal
3. Acomplete set of Bidding Documents may be purchased from the above office on or before 16:00 hours
on 02 March, 2015 by eligible Bidders on the submission of awritten application, along with the copy of
company/firm registration certificate, and upon payment of a non-refundable fee of NRs. 10,000
(ten thousand only) .
4. Bidders are advised to visit site and assess the actual site conditions before submitting their bid.
5. Apre bid meeting will take place althe following date, time and place:
Date: 11 February, 2015
Time: 14:00 hours
Place: LifeInsurance Corporation (UC) Nepal, Kamalad;, Kathmandu
6. Technical and Financial Documents must be sealed separately. The sealed Bids must be submitted to the
office of
Life Insurance Corporation (UC) Nepal
Kamaladi, Kathmandu, Nepal
on or before 12: 00hours on 03 March, 2015. Bids received after this deadline will be rejected.
7. Bids must be valid for aperiod of 120 days after bid opening and must be accompanied by abid security
amounting to aminimum of 2.5% ofthe quoted BidAmount (Inclusive of VA T) in favour of L1C Nepal,
which shall be valid for 30 days beyond the validity period ofthe bid.
8. The Technical Documents will be evaluated first. The Financial Proposals of the technically qualified
Bidders only will be opened in the presence of Bidders' representatives who choose to attend. Notice
about date, time and place of opening of Financial Proposals will be sent to those technically qualified
9. If the last date of purchasing, submission and opening falls on agovernment holiday, it shall be extended
to the next working day.
10. BiddersAnnual Turnoverand Experience requirement are:
10.1 Average Annual Turnover ofthe best 3years over the lastS years is: NRs. 250 million
102 MinimumWorkexperience
Two building projects each amounting NRs. 200 million ormore orf/oorarea of 50,000 sq.ft.
One office building amounting NRs. 200 million ormore
11. L1C Nepal reserves the right to accept or reject, Wholly or partly any or all the bids without assigning
reason, whatsoever.
ISO 9001 2008 GRJ ganfilm UliRI"Ift
Cife J.5Uroltt (forporotio1l (Nepal) Ctlt.
(A Joint VenttJtS of life Insurance Cofporation of India)·
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Email: [email protected]!\\