IFB №: HV-W-ESRAF-1/2015
Lot 1: Rehabilitation of Haghtanak 220 kV Substation
Lot 2: Rehabilitation of Charentsavan-3 110 kV Substation
Lot 3: Rehabilitation of Vanadzor-1 110 kV Substation
Lot 4: Rehabilitation of Ashnak 220/110/10 kV Substation
Lot 1: Rehabilitation of Haghtanak 220 kV Substation
Lot 2: Rehabilitation of Charentsavan-3 110 kV Substation
Lot 3: Rehabilitation of Vanadzor-1 110 kV Substation
Lot 4: Rehabilitation of Ashnak 220/110/10 kV Substation
High Voltage Electric Networks CJSC
1 Zorovar Andranik Street, Yerevan 0084, Republic of Armenia
Tel. +374 10 72 00 10
Lot 1 Rehabilitation of Haghtanak 220 kV Substation
Experience under the substation rehabilitation/construction/ reconstruction contracts in the role of contractor, subcontractor or management contractor for at least the last five [5] years prior to the applications submission deadline, and with activity in at least nine (9) months in each year.
Participation as contractor, subcontractor, or management contractor in at least two (2) contracts within the last eight [8] years in substation construction contracts each with total value of at least 12.0 million USD, that have been successfully and substantially completed and that are similar (with 220 kV voltage or higher and substation with minimum 3 bays including one transformer bay) to the proposed Contract. Particularly Contractor should have experience in
Audited balance sheets or if not required by the law of the bidder's country, other financial statements acceptable to the Employer, for the last five [5] years to demonstrate the current soundness of the bidders financial position and its prospective long term profitability must be enclosed to the bid offer.
Minimum average annual turnover of USD 22.0 Million, calculated as total certified payments received for substation rehabilitation/construction contracts substantially completed (more than 80% value of the contract executed before bid opening), within the last five (5) years
The Bidder must demonstrate access to, or availability of, financial resources such as liquid assets, unencumbered real assets, lines of credit, and other financial means, other than any contractual advance payments to meet the following cash flow requirement:
(i) USD 3.75 million as the cash flow requirement, and
(ii) the overall cash flow requirements for this contract and its current commitments.
Lot 2: Rehabilitation of Charentsavan-3 110 kV Substation
Experience under the substation rehabilitation/construction/ reconstruction contracts in the role of contractor, subcontractor or management contractor for at least the last five [5] years prior to the applications submission deadline, and with activity in at least nine (9) months in each year.
Participation as contractor, subcontractor, or management contractor in at least two (2) contracts within the last eight [8] years in substation construction contracts each with total value of at least 9.0 million USD, that have been successfully and substantially completed and that are similar (with 110 kV voltage or higher and substation with minimum 3 bays including one transformer bay) to the proposed Contract. Particularly Contractor should have experience in
Audited balance sheets or if not required by the law of the bidder's country, other financial statements acceptable to the Employer, for the last five [5] years to demonstrate the current soundness of the bidders financial position and its prospective long term profitability must be enclosed in the bid offer.
Minimum average annual turnover of USD 15․0 Million, calculated as total certified payments received for substation rehabilitation/construction contracts substantially completed (more than 80% value of the contract executed before bid opening), within the last five (5) years
The Bidder must demonstrate access to, or availability of, financial resources such as liquid assets, unencumbered real assets, lines of credit, and other financial means, other than any contractual advance payments to meet the following cash flow requirement:
(i) USD 2.5 million as the cash flow requirement, and
(ii) the overall cash flow requirements for this contract and its current commitments.
Lot 3: Rehabilitation Vanadzor-1 110 kV Substation
Experience under the substation rehabilitation/construction/ reconstruction contracts in the role of contractor, subcontractor or management contractor for at least the last five [5] years prior to the applications submission deadline, and with activity in at least nine (9) months in each year.
Participation as contractor, subcontractor, or management at least two (2) contracts within the last eight [8] years in substation construction contracts each with total value of at least 7.0 million USD, that have been successfully and substantially completed and that are similar (with 110 kV voltage or higher and substation with minimum 3 bays including one transformer bay) to the proposed Contract. Particularly Contractor should have experience in
Audited balance sheets or if not required by the law of the bidder's country, other financial statements acceptable to the Employer, for the last five [5] years to demonstrate the current soundness of the bidders financial position and its prospective long term profitability must be enclosed in the bid offer.
Minimum average annual turnover of USD 12.0 Million, calculated as total certified payments received for substation rehabilitation/construction contracts substantially completed (more than 80% value of the contract executed before bid opening), within the last five (5) years
The Bidder must demonstrate access to, or availability of, financial resources such as liquid assets, unencumbered real assets, lines of credit, and other financial means, other than any contractual advance payments to meet the following cash flow requirement:
(i) USD 2.0 million as the cash flow requirement, and
(ii) the overall cash flow requirements for this contract and its current commitments
Lot 4: Rehabilitation of Ashnak 220/110/10 kV Substation
Experience under the substation rehabilitation/construction/ reconstruction contracts in the role of contractor, subcontractor or management contractor for at least the last five [5] years prior to the applications submission deadline, and with activity in at least nine (9) months in each year.
Participation as contractor, subcontractor, or management contractor in at least two (2) contracts within the last eight [8] years in substation construction contracts each with total value of at least 11.0 million USD, that have been successfully and substantially completed and that are similar (with 220 kV voltage or higher and substation with minimum 3 bays including one transformer bay) to the proposed Contract.
Particularly Contractor should have experience in
- Design, Construction, Installation& Commissioning of 220 kV substation
- Design, Construction, Installation& Commissioning of 110 kV substation
- Design, Construction, Installation& Commissioning of MV substation
Audited balance sheets or if not required by the law of the bidder's country, other financial statements acceptable to the Employer, for the last five [5] years to demonstrate the current soundness of the bidders financial position and its prospective long term profitability must be enclosed in the bid offer.
Minimum average annual turnover of USD 20.0 Million, calculated as total certified payments received for substation rehabilitation/construction contracts substantially completed (more than 80% value of the contract executed before bid opening), within the last five (5) years.
The Bidder must demonstrate access to, or availability of, financial resources such as liquid assets, unencumbered real assets, lines of credit, and other financial means, other than any contractual advance payments to meet the following cash flow requirement:
(i) USD 3.5 million as the cash flow requirement, and
(ii) the overall cash flow requirements for this contract and its current commitments.
The Bidder must have certification according to ISO 9001 and ISO 14000 or equivalent, and description of quality assurance system and environment assurance.
Prices shall be filled in indelible ink, and any alterations necessary due to errors, etc., shall be initialed by the Bidder.
Accounts for payment
For non-residents of Armenia (payment in USD):
Beneficiary: High Voltage Electric Networks CJSC
Beneficiary’s Bank: ARMBUSINESSBANK,
SWITFT CODE: ARMNAM22
Acc. No 1150001172630101
Correspondent bank: DEUTSCHE BANK TRUST COMPANY AMERICAS NEW YORK, USA
Correspondent account: 04454448 Swift: BKTRUS33
For residents of Armenia: (payment in AMD):
Beneficiary: High Voltage Electric Networks CJSC
Acc. No 2470139122970010
Beneficiary’s Bank:
Ardshininvestbank, Yerevan, Republic of Armenia,
SWITFT CODE: ASHBAM 22
Lot 1: Rehabilitation of Haghtanak 220 kV Substation
Amount of Bid Security for Lot 1 shall be USD Four Hundred Fifty Thousand (450,000.00 USD).
Lot 2: Rehabilitation of Charentsavan-3 110 kV Substation
Amount of Bid Security for Lot 2 shall be USD Two Hundred Fifty Thousand (250,000.00 USD).
Lot 3: Rehabilitation Vanadzor-1 110 kV Substation
Amount of Bid Security for Lot 3 shall be USD Two Hundred Thousand (200,000.00 USD).
Lot 4: Rehabilitation of Ashnak 220 kV Substation
Amount of Bid Security for Lot 4 shall be USD Four Hundred Thousand (400,000.00 USD).
Late bids will be rejected.
High Voltage Electric Networks CJSC
General Director Mr. Aram Ananyan,
1 Zorovar Andranik Street,
0084 Yerevan
Republic of Armenia
Tel.: +37410 72-00-10
Fax: +37410 72-01-21
Electronic mail address: hvenprojects@gmail.com