Addendum to the 2024-2030 Import Coal Framework Procurement Document for Port Qasim Electrical Power (Private) Company Limited
Tender No. POWERCHINA-JZ0303-24017
This document is part of the Tender Document, and the remaining contents are the same as previous Tender Document version.
Addendum to the Tender Document
Addendum No.1
To better evaluate the bidders, the Tenderer has revised the quantities provided for various coal origins in APPENDIX B. The specific details of the modifications are as follows:
(Please note that the quantities used for calculation in this tender are solely for the purpose of evaluation during the bid evaluation process and do not constitute the actual purchase quantities. The actual purchase quantities shall be subject to the purchase orders confirmed by both parties in the specific Agreement).
APPENDIX B: Supplier Quotation Form(10% weightage)
Supplier Quotation Form
S.N. | Cargo | Loading area | Unit | Quantity | Unit Price (USD/MT) | Total Price (USD) | Remarks |
Q | UP | TP=Q*UP | |||||
1 | Indonesian coal | East Kalimantan | MT | 1,800,000 | Each unit price cited from “supplier quotation form with breakdown” | ||
2 | South African coal | Richards Bay Coal Terminal | MT | 1,800,000 | |||
3 | Australian coal | Newcastle | MT | 900,000 | |||
Total quotation price |
Remarks:
1. Quotation includes the origins,Indonesia, South Africa and Australia.
2. Coal of Indonesia is quoted on the basis of East Kalimantan with quantity of 1,800,000 MT (evaluated quantity).
3. Coal of South African origin is quoted on the basis of Richards Bay Coal Terminal (RBCT) with total quantity of 1,800,000 MT (evaluated quantity).
4. Coal of Australian origin is quoted on the basis of Newcastle with total quantity of 900,000 MT (evaluated quantity).
5. The lowest quotation price among the effective bid prices of each bidder shall be the benchmark price for bid evaluation.
5.1 The benchmark price for bid evaluation is worth 100 points. If a bid price is equal to the benchmark price, it receives the full score of 100 points.
5.2 If a bid price is higher than the benchmark price by up to 10% (including 10%), each 1% increase will result in a deduction of 1 point. For any amount exceeding the 10% threshold, 2 points will be deducted for each additional 1% increase.
5.3 Correction for Omissions and Duplications - The tenderer will review the composition of the tender offer to ensure there are no omissions or duplications in the calculations. If there are omissions, the omitted parts will be added to the offer based on the highest amount for that part among the compositions of other tender offers. If there are duplications in the calculations, the duplicated amount will be deducted.
Supplier Quotation Form with breakdown
No. | Coal Price | Unit | Formula/Maximum Quotation | Indonesian Coal | South African Coal | Australian Coal |
A1 | Relevant Coal Price Index for the monthly average of Bill of Lading Date ① | USD/Ton | ||||
Coal Price Differential (5500) to API 4 (if any)
| USD/Ton | |||||
A2 | Base Calorific Value of the Coal Price Index | kCal/kg | 4,600 (ICI 3) | 6,000 (API 4) | 6,000 (NEWC) | |
A3 | Typical Calorific Value of the Coal to be supplied | kCal/kg | Balikpapan Coal Terminal
| RBCT | Newcastle
| |
4300 | 5600 | 5600 | ||||
A4 | Coal Price after Adjustment of Calorific Value of the Coal to be supplied | USD/Ton | A1*(A3/A2) | |||
Marine Freight ② | ||||||
B1 | Delivery Days (Voyage to Port Qasim) ③ | Days | ||||
B2 | Delivery Days (At Loading Port) ④ | Days | ||||
B3 | Delivery Days (At Discharge Port) ⑤ | Days | ||||
B4 | Time Charter Rate for the day of Notice of Readiness at Loading Port ⑥ | USD/Day | ||||
B5 | Time Charter Cost | USD/Ton | (B1+B2+B3)*B4 /50,000T | |||
B6 | Bunker Consumption during Voyage to Port Qasim | Ton | ||||
B7 | Bunker Consumption at Ports | Ton | ||||
B8 | Bunker Price ⑦ | USD/Ton | ||||
B9 | Fuel Cost | USD/Ton | [B8*(B6+B7)]/50000T | |||
B10 | Total Marine Freight Cost | USD/Ton | B5+B9 | |||
Other Cost | USD/Ton | |||||
C1 | Marine Insurance ⑧ | USD/Ton | ≤0.1 | |||
C2 | Port Disbursement Account Charges ⑨(including loading port and discharge port) | USD/Ton | ≤1.6 | |||
C3 | Custom Clearance Agency Charges ⑩ | USD/Ton | ≤0.1 | |||
C4 | Subtotal of Other Cost | USD/Ton | C1+C2+C3 | |||
Final Price | USD/Ton | A4+B10+C4 | A | D | E | |
Quantity | 4,500,000 Ton | 1,800,000 ton | 1,800,000 ton | 900,000 ton |
Remarks:
① For the purpose of indication and evaluation, the corresponding Coal Price Index of March 2024 (Monthly Average) shall be provided.
② Shipment size would be assumed at 50,000 MT (variation in the range of +10% or -2%).
③ Delivery days (voyage to Port Qasim) shall be quoted by double trip.
④ Delivery days (at loading port) shall be based on loading rate.
⑤ Delivery days (at discharge port) shall be based on discharge rate 20,000MT/Day.
⑥ Time Charter Rate shall adopt Baltic Time Charter rate for the average of the 10 Time Charter Routes calculated at the time of Notice of Readiness at Loading Port, and for the purpose of indication and evaluation, the corresponding Time Charter Rate of March 15, 2024 shall be provided.
⑦ Bunker Price shall adopt Fujairah MARINE FUEL 0.5% BUNKER in Platts Bunker Index (for South African coal) and Singapore MARINE FUEL 0.5% BUNKER in Platts Bunker Index (for Indonesian coal and Australian Coal) at the time of Notice of Readiness at Loading Port, and for the purpose of indication and evaluation, the corresponding Bunker Price of March 15, 2024 shall be provided.
⑧ Marine Insurance amount reimbursed by the Company to the Coal Supplier is capped at actual charges.
⑨ Port Disbursement Account (PDA) Charges shall be reimbursed by the Company to the Coal Supplier upon receipts of actual cost payment, and for the purpose of indication and evaluation, an estimated amount shall be provided both for Loading Port and Discharge Port.
⑩ Custom Clearance Agency Charges shall be the maximum cap of USD 0.1 /MT for Discharge Port.
⑪ The aforesaid A represents loaded at Balikpapan Coal Terminal, Indonesia; D represents loaded at RBCT, South Africa; E represents loaded at Newcastle of Australia, Delivery Days (voyage to Port Qasim) calculated by round trip.
⑫ South African coal to be loaded at RBCT can only be accepted.
Addendum No.2
Rebidding and no further bidding
1. Rebidding
The Tenderee will rebid in the following circumstances:
(1) If, by the deadline for submission of tenders, the number of tender documents submitted is less than three, and the project falls under the category of "mandatory bidding procurement by law".
(2) If all tenders are rejected by the bid evaluation committee.
2. No Further Bidding
After rebidding, if the number of bidders is still less than three, or if all tenders are rejected by the bid evaluation committee, there will be no further bidding.
3. Conversion to Competitive Negotiation
After rebidding, if, by the deadline for submission of tenders, only two tender documents are submitted, the tendering institution may approve the conversion to competitive negotiation or rebidding.
4. Conversion to Single-Source Negotiation
After rebidding, if, by the deadline for submission of tenders, only one tender document is submitted, the tendering institution may approve the conversion to single-source procurement or rebidding.
Addendum No.3
To ensure the submission of a compliant tender document, it shall be written in both Chinese and English. In the event of any discrepancy or inconsistency between the Chinese and English versions, the English version shall prevail.
Addendum No.4
Due to the aforementioned Addendums, in order to allow bidders more time to prepare their tender documents, the closing time for the submission of bids, namely, the time for opening of bids is deferred at 1000 hours on July 8, 2024 (Beijing standard time, GMT+08:00), whilst deadline of clarification for tender documents will be postponed till 1700 hours on June 28, 2024 (Beijing standard time, GMT+08:00) accordingly.
PowerChina Resource Limited
13 June, 2024