TENDER CLOSING DATE

BYCO PETROLEUM PAKISTAN LIMITED 26th October, 2020

INVITATION FOR BIDS FOR CRT-005 SALE OF CRUDE OIL SLUDGE

AMOUNT AMOUNT
S. NO. DESCRIPTION UNIT GST 17%
WITHOUT GST WITH GST

1 SLUDGE PER M. TON

NOTE: TERMS & CONDITIONS ATTACHED

1 Detail of Procedure  Annexure I

2 Inspection & Acceptance of work Annexure II

SIGN OF CONTRACTOR
 TENDER CLOSING DATE
BYCO PETROLEUM PAKISTAN LIMITED 26th October, 2020

LUDGE
 BYCO PETROLEUM PAKISTAN LIMITED
INVITATION FOR BIDS FOR CRT-005 SALE OF CRUDE OIL SLUDGE
TERMS AND CONDITIONS FOR TENDER

1 17% GST WILL BE CHARGED ON SLUDGE ITEMS AT THE APPLICABLE RATE.

WITH HOLDING TAX WILL BE CHARGED ON ALL ITEMS AT THE APPLICABLE RATE.
2 (FOR TAX FILER 10% & FOR NON-FILER 20% WILL BE CHARGED).
3 SEALED TENDER SHOULD BE DROPPED IN TENDER BOX AT THE CORPORATE OFFICE AT
THE HARBOUR FRONT, 9TH FLOOR, DOLMEN CITY, HC-3, BLOCK-4, MARINE DRIVE, CLIFTON,
KARACHI) FROM 09:00 A.M. TO 5:30 P.M. BY 26th October,2020 WITH "SALE OF CRUDE OIL
SLUDGE" CLEARLY MARKED ON SEALED ENVELOPE.

4 ALL BIDS MUST BE ACCOMPANIED WITH 25% EARNEST MONEY IN THE FORM OF PAY
ORDER IN FAVOUR OF "BYCO PETROLEUM PAKISTAN LIMITED" , WITHOUT WHICH BIDS
WILL NOT BE ACCEPTED. IN CASE OF AN UNSUCESSFUL BID, THE EARNEST MONEY WILL
BE REFUNDED WITHIN ONE MONTH OF THE CLOSING DATE.

5 HIGHLY IMPORTANT:
SUCCESSFUL BIDDERS WILL BE REQUIRED TO LIFT MATERIAL WITHIN 25 WORKING DAYS
AFTER RECEIPT OF INTIMATION BY THE COMPANY, OTHERWISE SALE WILL BE
CANCELLED AND DEPOSIT FOREFITED.

6 Contractor must be liable to bring the pump for uplifting activity. The pump should be in
accordance with the safety standards and as per the EHS handout of Byco Petroleum Pakistan
Limited.

7 A total of 2 pumps at the time of uplifting sludge from the pits must be present. 1 will be kept in
back-up to avoid uncertainity.

8 TOTAL PRICE OF SLUDGE SHALL BE DETERMINED THROUGH WEIGHT. SUCCESSFUL

BIDDER SHALL UPLIFT THE ENTIRE MATERIAL AND ASCERTAIN THE ACTUAL WEIGHT
THROUGH WEIGHBRIDE AT BYCO REFINERY PREMISES. THE PRICE OF SLUDGE WORKED
OUT THROUGH ABOVE MECHANISM SHALL BE DEPOSITED THROUGH A PAY ORDER IN
FAVOUR OF BYCO PETROLEUM PAKISTA LIMITED BEFORE IT LEAVES BYCO PREMISES.
BYCO HOLDS THE RIGHT TO DETAIN SLUDGE LOADED VEHICLE UNTILL PAYMENT IS MADE
IN ADVANCE.

9 THE COMPANY RESERVES THE RIGHT TO ACCEPT OR REJECT ANY OR ALL OFFERS
WITHOUT ASSIGNING ANY REASON.

10 DURING INSPECTION ANDAT THE TIME OF UPLIFTING OF SLUDGE, SUCCESSFUL BIDDER(S)

ARE REQUIRED TO WEAR SAFETY GEARS (SUCH AS: SAFETY SHOES, HELMET AND
GLOVES ) AND COMPLY WITH BYCO EHS REGULATIONS.

TENDER CLOSING TIME: 5:30 PM ON 26TH OCTOBER, 2020

I am depositing Earnest Money 25% of the total tendered amount) as per enclosed pay order No.

_______________________ dated _________________ for Rs. __________________ in

agreement with terms & conditions of this tender as detailed above.

NAME: SIGNATURE: .

C.N.I.C. NO.: PHONE #: .

EMAIL ADDRESS: .

ADDRESS: ,

N.T.N # : .
GST REG. #: .