July 20, 2018
Bid Notice
< RFP No. KARI-2018-447>
Korea Aerospace Research Institute (KARI) invites sealed bid from eligible Bidders for the Contract for Design
and Fabrication of Calibration Accessories and Calibration of KARI wind tunnel balances.
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 Statement of Work (SOW).
1. Main Scope
- Item: Design and Fabrication of Calibration Accessories and Calibration of KARI wind tunnel balances
- Quantity: 1 Set (For the details, please refer to the SOW)
- Contract Period: 5 months from the Effective Date of Contract.
- Estimated Budget: USD 46,000.00
- Method of Contract: a limited competitive bid (lowest bid price)
2. Qualification of Bidder
- Bidder shall be qualified under Article 12 (Requirement to Participate in Competitive Tender by Law) of the
ENFORCEMENT DECREE OF THE ACT ON CONTRACTS TO WHICH THE STATE IS A PARTY.
- Bidders shall be able to calibrate the KARI wind tunnel balances by designing and fabricate all accessories
including the calibration body, balance holders and free end adapter described in this Statement of Work.
- Bidder shall provide the evidence of the appropriate equipment and facility for calibration of the wind tunnel
balances described in this Statement of Work.
3. Submission of Proposal
‐ The proposal and bid bond shall be hand carried or sent via appropriate courier service to KARI personnel or
his designee within the Bid Closing Date and Time.
‐ The main bid currency is USD but other currency could be accepted.
- On submission of proposal by Bidder’s deputy, one (1) power of attorney and a copy of his identification are
required to be presented.
- The proposal shall be made in English or Korean
‐ Bid closing Date and Time: July 26, 2018 15:00 Korean Local Time
‐ Opening of Bid and Declaration of Successful Bid: July 26, 2018 16:00 Korean Local Time
- The Bid currency is USD (However, other currency can be allowed).
4. Bid Bond
- Bidder shall establish a bid bond in favor of KARI before the Bid Closing Date and Time. The total amount of
the bid bond shall be at least five percent (5%) of total bid price and shall be valid for at least one (1) month
after Bid Closing Date.
- The currency of bid bond is USD (However, other currency can be allowed).
- The Bid Bond shall be in the form of a surety bond issued by the Seoul Guarantee Insurance Company, in the
form of an irrevocable standby letter of credit by first class international bank, cash or other means of
gurantee acceptable to KARI. In case of cash, bank guarantee, or the irrevocable standby letter of credit, it
shall be 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 Requeste for
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.
5. Nullification of Bid
- This bidding may be nullified in accordance with Article 39(4) of ENFORCEMENT DECREE OF THE ACT ON
CONTRACTS TO WHICH THE STATE IS A PARTY and Article 44 of ENFORCEMENT RULE OF THE ACT ON
CONTRACTS TO WHICH THE STATE IS A PARTY.
6. Selection of Successful Bidder
- Currency shall be applied to the first Basic Exchange Rate of KEB Hana 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. Remarks
- The Bidder shall have a full understanding of all matters necessary for this Bidding including the RFP prior to
making a bid and shall be responsible for any and all disadvantages arising from insufficient understanding of
matters necessary for this Bidding.
- Bidder shall prepare the Proposal in truth. In case that any content of the Proposal is founded to be false later,
KARI may terminate or cancel the Contract even after the Contract is concluded.
- All documents submitted in response to the RFP including the Proposal for this Bidding shall not be returned.
- All expenses incurred by Bidder in connection with its Proposal for this Bidding are for its own account and
KARI will not disclose the evaluation result of Bidder’s Proposal.
- If any Bidder is bankrupted or insolvent as of the date of this bid notice, such Bidder shall not be allowed to
participate in this Bidding.
- Bidders are required to keep confidential any data and information acquired in the Contract award. If any
Bidder violates it, such Bidder may assume civil and criminal liability, sanction for inappropriate business
entity, and other disadvantages (such as penalty for security violation, subtraction of evaluation scores in
future biddings, etc.).
8. Specification, Requirements and Contract
- For the detailed information of specification and requirements, please refer to the Statement of Work as
attached.
9. Point of Contact for Bidding
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
Attn. : Mr. Sean KIM (Young-Taek KIM)
Tel. : +82-42-860-2613, Fax : +82-42-860-2666
e-mail : kimyt@kari.re.kr
Aircraft System Division
Korea Aerospace Research Institute
169-84 Gwahak-ro, Yuseong-gu,
Daejeon, 34133, Korea
Attn. : Dr. Tae-Hwan CHO
Tel : +82-42-860-2628
e-mail : thcho@kari.re.kr
