Contract Procedure

CONTRACT PROCEDURE

TERMS AND CONDITIONS OF PARTICIPATION: Eligibility and rules of origin of Participation: All our tender supply project is open to all legal persons participating either individually or in a group (consortium) of tenders, foreign companies which are established in all country or territory of the regions covered or authorized by the specific instruments applicable to the program under which the contract is financed, All products supplied under this contract must be of good quality and in compliance with standard.

CONSIGNEE: UAE Industrial Partnership For Sustainable Economic Growth (IPSEG) United Arab Emirates, Partnering Countries: Egypt, Kingdom of Jordan and Bahrain Department Procurement Committee 51 Al Mamoura Street, Al Nahyan, Abu Dhabi, United Arab Emirate, P.O Box: 45553. Tel/Fax: +971 (2) 501-5112

QUOTATION: EX-WORKS OR FOB BASIS

PORT OF DISEMBARKMENT: Abu Dhabi Terminals / Khalifa Port Container Terminal in UAE Shipping Address: Khalifa Port Container Terminal Building 70, Al Taweelah - Abu Dhabi, United Arab Emirates.

Agents: Every tenderer and supplying companies must have a local agent as representatives.

SUBMISSION OF TENDER SUPPLY/BID DOCUMENT: Tender Submission Procedures - Bids/Supply document must be submitted by hand to the Procurement Committee Board Secretary through any of our government accredited agent that will function as a local representative of the company throughout the tender supply bidding process.

Performance Guarantee: The successful Company will be asked to provide a performance acceptance letter in writing immediately after the receipt of the award notice before the official signing of the contract.

SUPPLY DELIVERY DURATION: The tender supply duration is 1 to 12 months after the Contractor/Supplier's confirmation of full payment and also partial shipment/delivery is allowed.

CONTRACT SIGNING: The contract agreement can be signed electronically i.e by email or by proxy but shall the Board request that the company appear in person, then such company should avail themselves at this invitation.

PAYMENT TERMS: Every contract winner receives 80% advance payment to start production and then receives the remaining 20% before shipment. The UAE Industrial Partnership For Sustainable Economic Growth (IPSEG) also reserves the sole right to pay 100% advance in full if agreeable with the awarded supplier during contract invoice settlement.

MEETING AND SITE VISITING: The Procurement Board may at our discretion send a delegation to the suppliers company in order to ascertain their production plant, level of production in progress and have a meeting therein to confirm your products quality. An awarded supplier/contractor who wishes to come for an official negotiation is allowed to visit this office only on a scheduled appointment.
LANGUAGE OF THE CONTRACT: All written communications for this tender procedure and contract must be in English Language if the awarded suppliers are a non Arabic speaking country.

All contract supply document must be address to:

THE HONORABLE CHAIRMAN UAE Industrial Partnership For Sustainable Economic Growth (IPSEG) Department Procurement Committee 51 Al Mamoura Street, Al Nahyan, Abu Dhabi, United Arab Emirate, P.O Box: 45553.



REGISTERED AND ACCREDITED CONSULTANT SOURCING AGENTS:

Mr. Ammar Al-Hassan Mr. Ahmed Alasaly Ali Mr. Neeraj Vijay Mr. Mohammed Siddique Mr. Mohamed Abaza Mr. Javeed Khan Mr. Saad Oueini Mr. Maha Albaqari Mr. Hamad Mohamed Al‑Bahar Mr. Brijesh Mulik Mr. Mohammed Mansoor Mr. Hamdan Al-Shehhi, CEO of Hamdan and Sons Trading Co. Ltd

AGENT COMMISSION: All our agents are entitled to an agreed negotiable commission (1 to 2% agency commission) of the total approved contract values, this commission is payable to the agent by the contracting supplier only after the supplier must have received and confirm contract invoice payment into their company bank account from the UAE Industrial Partnership For Sustainable Economic Growth (IPSEG), the buyer.