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Korea Astronomy and Space Science Institute (KASI) invites public tender from eligible bidders for procurement of Active Hydrogen Maser. The successful bidder shall supply the Goods and services related thereto.
1. Main Scope
1) Item: 수소원자시계(Active Hydrogen Maser) / 1ea
2) Method of Bid: International Competitive Open Tender
3) Allocated Budget: USD 350,000
4) Delivery term: CIP Incheon Airport (INCOTERMS 2020)
2. Submission of the Bid
1) Bid Closing Date and Time: 22th December, 2023, 15:00 in Korean local time
2) Bid Documents: Bid Application, Price Proposal, Documents for Specification, Certificate of Manufacturer, a copy of certificate of Business Registration, A document certifying that bidder has paid the bid bond or deposit
3) Bid Documents shall be submitted by hand-delivery or posted via appropriate courier service to KASI Procurement Team* personnel or his designee before the bid closing date and time
*Address: 776 Daedeok-daero, Yuseong-gu, Daejeon, 34055, South Korea
3. Matters concerning of deposit
1) Bid Bond: Bidder shall establish a bid bond in favor of KASI before the bid closing date and time. The total amount of the bid bond shall be at least 5 percent(5%) of total bid price
2) Performance bond: The overseas Bidder or overseas Supplier shall establish a performance bond through the advising bank of the letter of credit, before execution of contract, in the form of irrevocable clean credit, cash, certified check or bank guarantee, in favor of KASI in the amount not less than ten percent(10%) of the contract value.
3) Liquidated Damages (Late Delivery): In case of shipment is not completed until the end of the contract, penalty money should be deducted from the contract amount as a liquidated damage in the amount of 0.075% of the total value for each day. However, total penalty shall not exceed 10% of the credit value.
4. The bidding and subsequent contract shall be governed by the laws of the Republic of Korea.
5. For further details, please refer to the Item Requirements.
6. Point of Contact for Bidding
1) Contractual matters: KASI Procurement Team, SangYi Lee / 2sang22@kasi.re.kr
2) Technical matters: KASI KVN Group, Taehyun Jung / thjung@kasi.re.kr
Korea Astronomy and Space Science Institute (KASI) invites public tender from eligible bidders for procurement of Active Hydrogen Maser. The successful bidder shall supply the Goods and services related thereto.
1. Main Scope
1) Item: 수소원자시계(Active Hydrogen Maser) / 1ea
2) Method of Bid: International Competitive Open Tender
3) Allocated Budget: USD 350,000
4) Delivery term: CIP Incheon Airport (INCOTERMS 2020)
2. Submission of the Bid
1) Bid Closing Date and Time: 22th December, 2023, 15:00 in Korean local time
2) Bid Documents: Bid Application, Price Proposal, Documents for Specification, Certificate of Manufacturer, a copy of certificate of Business Registration, A document certifying that bidder has paid the bid bond or deposit
3) Bid Documents shall be submitted by hand-delivery or posted via appropriate courier service to KASI Procurement Team* personnel or his designee before the bid closing date and time
*Address: 776 Daedeok-daero, Yuseong-gu, Daejeon, 34055, South Korea
3. Matters concerning of deposit
1) Bid Bond: Bidder shall establish a bid bond in favor of KASI before the bid closing date and time. The total amount of the bid bond shall be at least 5 percent(5%) of total bid price
2) Performance bond: The overseas Bidder or overseas Supplier shall establish a performance bond through the advising bank of the letter of credit, before execution of contract, in the form of irrevocable clean credit, cash, certified check or bank guarantee, in favor of KASI in the amount not less than ten percent(10%) of the contract value.
3) Liquidated Damages (Late Delivery): In case of shipment is not completed until the end of the contract, penalty money should be deducted from the contract amount as a liquidated damage in the amount of 0.075% of the total value for each day. However, total penalty shall not exceed 10% of the credit value.
4. The bidding and subsequent contract shall be governed by the laws of the Republic of Korea.
5. For further details, please refer to the Item Requirements.
6. Point of Contact for Bidding
1) Contractual matters: KASI Procurement Team, SangYi Lee / 2sang22@kasi.re.kr
2) Technical matters: KASI KVN Group, Taehyun Jung / thjung@kasi.re.kr