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November 09, 2015 

[URGENT] Bid Summary 

< RFP No. KARI-2015-0538 > 

 

 

Korea Aerospace Research Institute (KARI) invites sealed bids from eligible Bidder for the GPS 

Assembly procurement of KOMPSAT-6. 

The following is an outline of the requirements, so potential Bidders are requested to carefully review 

the following instructions including RFP documents and to submit their Proposals in accordance with 

the guidelines and requirements as contained in the RFP. 

 

1. Main Scope 

. Item : The GPS Assembly procurement of KOMPSAT-6 

. Contract Period : Within 24 months from the Effective Date of Contract 

. Warranty Period : Until the Launch of KOMSPAT-6 

. Delivery Rule : DAP KARI (INCOTERMS 2010) 

. Estimated Budget : USD 2,000,000.00 

. Method of Contract : Limited Competitive Tender (Negotiation) 

 

2. Qualification of Bidder 

. Bidder shall be qualified for Article 12. Requirements to Participate in Competitive Tender by law, 

hereinafter referred to as “ENFORCEMENT DECREE OF THE ACT ON CONTRACTS TO WHICH 

THE STATE IS A PARTY”. 

. Bidder shall have direct knowledge and first-hand experience in designing, manufacturing, 

integrating and testing of the data downlink and relay subsystem, similar to the GPS Assembly 

specified in this RFP. 

. Bidder shall have at least five (5) years of experience in the above fields as a prime contractor. 

The qualifying statement for above requirements and supporting materials shall be included 

in the Proposal. Additional qualifying evidence may be requested to substantiate Bidder’s 

claim during the evaluation. 

. Bidder shall be in possession of all the necessary licenses, in effect as of the Bid Closing Date, 

required for the development of the GPS Assembly as described in this RFP. 

 


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3. Registration of Intent 

. Bidders are requested to register their formal intent using company letterhead to submit the Proposal 
at the time of their confirmation of the receipt of the RFP or at latest within seven (7) days after the 
RFP release date. Registration should be made to the address indicated in Appendix 1. Instruction to 
Bidders 3.4 Method of Submittal by e-mail. 

. Distribution of RFP Document : By means of e-mail for registered Bidders. 

 

4. Submittal of Proposal 

. The proposal shall be hand-carried or sent via appropriate express courier to KARI personnel or his 
designee before the Bid Closing Date and Time. A designee who has a power of attorney signed by 
Bidders and a certified identification of his own may visit KARI and submit Proposal on behalf of the 
Bidder. 

. The Bid currency is USD. 

. The proposal shall be made in English or Korean. 

. The Number of Copies : One (1) original and ten (10) hardcopies of the Proposal shall be submitted. 
Two (2) CD-ROM disks (preferably in Adobe Acrobat pdf format) containing the text of the Proposal 
shall be additionally submitted. 

 

5. Bid Closing Date and Time 

. Bid closing Date and Time: December 7, 2015 17:00PM Korean Local Time 

. If any part of the Proposal required under this RFP is submitted after the stipulated closing time, the 

entire Proposal will be deemed late. KARI in its absolute discretion may exclude any late Proposals 

from further consideration. 

 

6. 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 six (6) months. 

. The Bid Bond shall be issued by the Seoul Guarantee Insurance Company in the form of a surety 

bond or by first class international bank in the form of an irrevocable letter of credit and advised 

through “Woori Bank” (Daejeon Branch at 29 Munye-ro, Seo-gu, Daejeon, 35241 Korea, Tel:+82-42-

488-9704, Ext.312). The bond shall be available by KARI’s request on the Seoul Guarantee 

Insurance Company or 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 misrepresentation, 

or that Bidder has withdrawn its Proposal after the Bid Closing Date 

. The currency of bid bond is USD. 
 


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7. Evaluation of Proposal 

. Evaluation of Proposal 

- First, an initial evaluation of the Proposal except price, the evaluation committee will select the 

Qualified Bidders compliant with the requirements of the RFP. 

- Second, after selection of the Qualified Bidders, the price proposal of the Qualified Bidders only 

will be opened for price evaluation 

. Currency shall be applied to the first Exchange Rate of Korea Exchange Bank on the date of the 

evaluation for the price. 

 

8. No Contractual Obligation 

. This RFP shall not be interpreted as an offer for a Contract or any type of guarantee by KARI. It is 

KARI's sole discretion whether or not to allow the Contract award to any Bidder. KARI owes no 
responsibility or obligation to select the Contractor among Bidders. 

 

9. 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(s), nor is KARI under any obligation to inform the affected Bidder(s) of the ground for 
its action. 

 

10. Contract 

.  The Contract will be effective subject to the KARI’s approval thereof. General Terms and 

Conditions is the baseline requirements for the Contract negotiation with the Successful 
Bidder, and will be the basis of the Contract.   

 

11. Certificate and Government Approvals 

.  Bidder shall receive the government approval and certificates (e.g. export licenses) in relevant 

countries, necessary for Bidder’s work for the RFP.   

 

12. 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. 

 

13. 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. 

 


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14. Property of Proposal 

. All documents submitted in response to the RFP shall become the property of KARI and will be 

retained by KARI. 

 

15. 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. 

 

16. Governing Law 

. The RFP and Contract shall be construed in accordance with and governed by the laws of the 

Republic of Korea. 

 

17. 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. 

 

18. 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 34133, Korea 

Tel : +82-42-860-2613, Fax : +82-42-860-2666 

E-mail : jncho@kari.re.kr (Jung-Nam Cho) 

Satellite Electronics Team 

Korea Aerospace Research Institute (KARI) 

169-84 Gwahak-ro, Yuseong-Gu 

Daejeon, 34133, Korea 

Tel : +82-42-860-2922, Fax : +82-42-860-2007 

E-mail : khkwon@kari.re.kr (Ki-Ho Kwon)