REQUEST FOR QUOTATION (RFQ)

AND GENERAL INSTRUCTION TO CONTRACTORS (GIC)

Project:            BHRI001 – Construction of the river walkway and outdoor gym in Gornji Rahić, Brčko  District        

Ref. No.:          BHRI/RFQ/002

Published on:  09 March 2018

The International Organization for Migration (IOM) is an intergovernmental organization established in 1951 and is committed to the principle that humane and orderly migration benefits both migrants and society.

In the framework of Bosnia and Herzegovina Resilience Initiative Programme (BHRI), IOM invites interested eligible contractors to submit quotations for the implementation of bellow listed project:

With this RFQ is the GIC which includes Instructions to Contractors, Technical Specifications and administrative requirements that Contractors will need to follow in order to prepare and submit their quotation for consideration by IOM.

IOM reserves the right to accept or reject any quotations, and to cancel the procurement process and reject all quotations at any time prior to award of Purchase Order or Contract, without thereby incurring any liability to the affected Contractor/s or any obligation to inform the affected Contractor/s of the ground for the IOM’s action.

 IMPORTANT: PAYMENT SCHEDULE

IOM will pay the Contractor after the completion of 100% (one hundred per cent) of the Works and inspection and provisional acceptance of the completed Works. 10% shall be withheld by IOM as Retention as per Article 10 of the Agreement.

The balance of 10% (ten per cent) of the total Contract Price will be held for 3 (three) months after provisional acceptance of the completed Works in accordance with Article 10 of this Agreement

(“10.       Retention

10.1 Upon issuance of the Certificate of Provisional Acceptance for completed Works as per Article 4.6, an amount equivalent to 10% (ten per cent) of the Contract Price shall be retained by IOM to be used for repairs or reconstruction of defective works due to poor workmanship and/or inferior quality of material used which are discovered within a period of 3 (three) months from the date of Provisional Acceptance.

10.2 In case a Certificate of Provisional Acceptance for terminated Works has been issued as per Article 4.7, an amount equivalent to 10% (ten per cent) of the Contract Price corresponding to the Completion Rate as per Article 6.2 shall be retained by IOM to use for repairs and reconstruction of defective works due to poor workmanship and/or inferior quality of material used for which the Contractor was responsible under this Agreement which are discovered within a period of 3 (three) months from the date of Provisional Acceptance.

10.3 The Contractor may, from the date of Provisional Acceptance and until the expiration of Retention period, request IOM to release the amount retained as per Article 10.1 or Article 10.2 by submitting an unconditional bank guarantee. Such bank guarantee shall be in a form and by a bank acceptable to IOM and in an amount and currency equal to the amount retained and effective until the expiration of Retention period.”)