Adyunorl HYUN Co, LTD. Budge & Estimate Team, Process Plant Division Hyundai Engineering Go. Lid Hyundai BLOG. 75, Yulgokro, dongno-gi, Sedul, 03058 Kore TEL #62 2°2154-2100, INQUIRY FOR To Whom It May Concern Project Name | Turkmenistan Gas Production Facilities Phase- MI Project Attn. Job No. Inquiry No. Tel Date of Issue _| Refer to E-mail e-mail Dear Sirs and Madams: We, Hyundai Engineering Co., Ltd (hereinafter HEC), are preparing a tender for the Turkmenistan Gas Production Facilities Phase-lll Project in Galkynysh Gas Field, Turkmenistan ‘on Engineering, Procurement, Construction and Commissioning (EPCC) and are pleased to invite you to the bid for the supply of equipment, materials and services for this Project as mentioned hereinafter. This inquiry is for the supply of the subject equipment in compliance with the Purchaser's requirements as stipulated in the below documents and Bidder is highly encouraged to submit until the due date indicated on E-Mail; 1) Commercial Terms & Conditions 2) Technical Requirements (Material Requisition) Bidder is also encouraged to acknowledge receipt of thi of bidder's interest and compliance within the due date. inquiry through e-mail with statement We look forward to receiving your competitive proposal in a timely manner. Sincerely, Mr. Kim, Jungmo Engineer Budget & Estimate Team, Process Plant Division Hyundai Engineering Co., Ltd.COMMERCIAL TERMS AND CONDITIONS We, Hyundai Engineering Go., Lid (hereinaft jer HEC), are preparing a tender for the Turkmenistan Gas Production Facilities Phase-lil Project in Galkynysh Gas Field, Turkmenistan and would like to ask you to submit your competitive quotation for the subject equipment with following Terms and Conditions. A. General Information 1, THE OWNER OF THE PROJECT 2. PROJECT NAME 3. PROJECT LOCATION 4. PROJECT SCHEDULE 5. PROJECT SPECIAL NOTES B. Commercial Terms and Conditions 1. SCOPE OF SUPPLY As per specified in Material Requisition QUOTATION PRICE Turkmengas TURKMENISTAN GAS PRODUCTION FACILITIES PHASE-III PROJECT IN GALKYNYSH GAS FIELD GALKYNYSH GAS FIELD, TURMENISTAN ITB Issue: 11" January, 2023 EPC Proposal Due date: 18" April 2023. Overall Construction Period: 48months The TGPPS project is being prioritized along with the GTL. project by the Turkmenistan govemment, and we have been participating in the bidding process since August 2016. However, due to circumstances on the part of the OWNER, the project was delayed and we have recently received an ITB for the project again. The TGPPS project is a copy plant with the same capacity as the TONE project, which our company completed in 2012 Therefore, we only need to check the current price information utlizing past project data We plan to skip the TBE in the bidding process, and kindly ask for your understanding that it may be difficut for us to respond to technical queries. (BOQ) Quotation price shall be on an all-in firm basis and currency shall be manufacture’s standard currency such as follows; USA - USD, JAPAN - JPY, EUROPE - EUR, KOREA - KRW, OTHER COUNTRIES - USD Ba in FOB Int! shipping port is to be quoted with the indication of the weight and volume (including packing) on which the quotation is based.Shipping terms shall be as defined by INCOTERMS 2000, 3. TERMS OF PAYMENT Contract price shall be paid by irrevocable Letter of Credit, telegraphic transfer (T/T) or Two months BPN in the following milestones (Details will be discussed later); - 5% — Advanced payment = 10% After major drawing - 15% After major material order - 15% After major material receipt = 45% After shipping release = 5% — After approval of final document - 5% — Retention 4. SPARE PARTS & SPECIAL TOOLS - Erection, Pre-commissioning, Commissioning & Initial Operation Spare Parts = Mandatory Spares as Specifi in the Material Requisitions = Chemical, Consumables and Lubricants, Initial Charge and Three Months consumption after Commissioning and Performance Test (lubricants, lube oil, Grease, Calibration gases, etc.) - Two (2) years Normal Operation Spare Parts (OPTION) = Special Tools and Tackles All of the above prices of Spare Parts shall be indicated separately 5. TRAINING & SUPERVISION Training Cost for Client personnel at vendor's shop and site shall be quoted with per- diem rate, duration and the number of norninees as an Option. Also, Supervision Fees for erection and commissioning shall be quoted separately with per-diem rate, duration and number of person as an Option. (Recommended supervision period and number of supervisor, per diem rate shall be provided) 6. SHIPPING INFORMATION Approximate weight and volume (CBM) for each item shall be submitted for our estimation of ocean freight and inland transportation from shipping port to job site. 7. WARRANTY : 12 months after final acceptance by the Owner or 24 months after the last delivery10. " 12. 13. (whichever comes first.). PRICE VALIDITY: 3 MONTHS. Validity of the quotation shall be strictly maintained for three(3) months. Extension of the validity shall be re-discussed in timely manner if its required REQUIRED NO. OF PROPOSALS - Commercial with Technical quotation (Priced) - Commercial with Technical quotation (Un-Priced) CLARIFICATION If the vendor has any clarification regarding this MR, please contact HEC before quotation due date. SECRECY Vendor shall not disclose all the confidential information to any third party without prior written consent of HEC. PERSON TO CONTACT FOR COMMERCIAL MATTERS, a. Mr. Kim, Jungmo / Proposal Engineer Tel: #82-2-2134-2190 E-mail; jungmo@hdec-co.kr a, Mr. Park, Kyeongman / Proposal Engineer Tel: #82-2-2134-2191 E-mail: kyeongman@hdec-co.kr Budget & Estimate Team, Process Plant Division Hyundai Engineering Co.., Ltd., Hyundai BLDG. 75, Yulgok-ro, Jongno-gu, Seoul, 03058 Korea ACKNOWLEDGMENT Your valuable quotation in time would be highly appreciated.Also, You are kindly requested to acknowledge your receipt by return e-mail, Additionally, please acknowledge below requirements: a) Nonparticipation in Bidding stage shall be a reason for rejecting Bidder's proposal in Execution stage. b) High price in Bidding stage shall be a reason for rejecting Bidder’s proposal in Execution stage.