November 11, 2014
Bid Summary
< RFP No. KARI-2014-220>
Korea Aerospace Research Institute (KARI) invites sealed bids from eligible Bidder for Technical
Consulting on Quad-shaker Vibration System.
The following is an outline of the requirements, so potential Bidders are requested to carefully review
the following instructions and to submit their Proposals in accordance with the guidelines and
requirements as contained in the RFP.
1. Main Scope
. Purpose: Technical Consulting on Quad-shaker Vibration System
. Contract Period: February 20, 2015 from the Effective Date of Contract
. Estimated Budget: EUR 31,500.00
. Method of Contract: Lowest bid price
2. Qualification of Bidder
. Bidder shall have direct knowledge and first-hand experience of management, integration, installation
and acceptance test for the 3m guided quad-shaker system.
3. Submission of Proposal
. The proposal and Bid bond shall be hand-carried or sent via appropriate express courier to KARI
personnel or his designee within the Bid Closing Date and Time. A deputy shall submit the power of
attorney and a copy of his identification
. Bid currency is USD or EUR
. The proposal shall be made in English or Korean
. Bid closing Date and Time: November 28, 2014 14:00 Korean Local Time
4. Bid Bond
. Bidder shall establish a bid bond in favor of KARI before the Bid Closing Date.
. The total amount of the bid bond shall be at least five (5) percent of total bid value and shall be valid
for at least three (3) months.
. The Bid Bond shall be issued by first class international bank in the form of an irrevocable letter of
credit and advised through “Woori Bank” (Daejeon Branch at 1495 Dunsan-dong, Seo-gu, Daejeon,
Korea, Tel:+82-42-488-9704, Ext.312, email: the_banker@wooribank.com). The bond shall be
available by KARI’s draft at sight drawn on the bank, accompanied by the statement of KARI stating
that Bidder has refused to enter into a contract with the terms and conditions in the proposal as
amended, if any, that Bidder has hindered the fair bidding by fraud or mispresentation, or that Bidder
has withdrawn its Proposal after the Bid Closing Date.
. All of the Bid Bonds will be released promptly at the time of contract award by KARI without interest.
. The currency of bid bond is USD or EUR.
5. Acceptance/Rejection of Bids
. KARI reserves the right to accept or reject any Bidding, and to amend the Bidding process and reject
all Bidding at any time prior to the award of the Contract without thereby incurring any liability to the
affected Bidder, nor is KARI under any obligation to inform the affected Bidder of the ground for its
action.
6. Selection of Successful Bidder
. Currency shall be applied to the first Exchange Rate of Korea Exchange Bank on the closing date,
and a Successful Bidder will be selected by lowest bid price.
. In case of equal price, a Successful Bidder shall be determined by means of drawing lots.
7. Confidentiality
. There shall be no news release, public announcements, denials or confirmation in connection with
the RFP or Contract award without the prior written approval of KARI. All elements of the RFP shall
be kept confidential, and shall not be intentionally disclosed by Bidder to any Third Party.
8. Withdrawal of Proposal
. Bidder may withdraw its Proposal at any time before the Bid Closing Date and Time. Withdrawal
shall be made in writing, and shall be received by KARI before the Bid Closing Date and Time.
9. Property of Proposal
. All documents submitted in response to the RFP shall become the property of KARI and will be
retained by KARI.
10. Expenses
. Expenses incurred by Bidder in connection with the preparation, submission, and any subsequent
clarification or negotiation activities are for its own account and will not be reimbursed by KARI.
11. Governing Law
. The RFP and Contract shall be construed in accordance with and governed by the laws of the
Republic of Korea.
12. Arbitration
. Any disputes in relation to, and under the RFP and Contract shall be resolved through arbitration in
Seoul, Korea under the Rules of the Korean Commercial Arbitration Board.
13. For further details, please refer to the RFP Documents
Contractual matters
Technical matters
Procurement Team
Korea Aerospace Research Institute
169-84 Gwahak-ro, Yuseong-Gu,
Daejeon 305-806, Korea
Tel : +82-42-860-2613, Fax : +82-42-860-2666
E-mail : jncho@kari.re.kr (Jung-Nam Cho)
Space Environment Test Team
Korea Aerospace Research Institute (KARI)
169-84 Gwahak-ro, Yuseong-Gu
Daejeon, 305-806, Korea
Tel : 82-42-860-2562
E-mail : acoust@kari.re.kr (Jong-Min Im)
