COAL TENDER: KOWEPO-COAL-2017-LT-03 / SP-01,02
Tuesday, September 5 2017 - 01:33 AM WIB
for Steaming Coal Supply Contract (for TAEAN Power Plant)
1. Bid no. : KOWEPO-COAL-2017-LT-03 / SP-01,02
2. Material and quantity to be procured
(1) Material : (Sub)Bituminous steam coal
(2) Quantity and shipping schedule
No Spec(NCV) Quantity Contract Period Price
LT-03(Spec.A) Min.5,700kcal/kg 1st year220,000MT +/-10%(110,000MT +/- 10% ? 2CGOs) 1st year
(?17.12 ~ ?18.1) One Single Fixed Price FOBT
2nd year to 5th year440,000MT +/-10%(110,000MT +/- 10% ? 4CGOs) 2nd year to 5th year(?18.2 ~ ?22.1)
SP-01
(Spec.C) Min.4,600kcal/kg 70,000MT +/-10% Shipping Schedule
FOB : December, 2017
CFR : By the end of December One Single Fixed Price FOBTor CFR
SP-02
(Spec.C) Min.4,600kcal/kg 70,000MT +/-10%(*New Bidder Only)
Shipping Schedule
CFR : By the end of December One Single Fixed PriceCFR
- Bidders are requested to offer 220,000MT per 1st year (One cargo each for the period of ?17.12 and ?18.1) on FOBT price basis only for LT-03
- Contract Period (LT03) : 1st year (?17.12 ~ ?18.1) / 2nd year to 5th year (?18.2 ~ ?22.1)
※ The prices for the remaining Contract Years (CY2 ~ CY5) shall be determined by mutual agreement of the both parties.
- The difference between the guaranteed NCV and the limit of range for NCV shall be less than 100kcal/kg (within 100kcal/kg)
- When NCV is greater than 6,100kcal/kg, calorific bonus shall be applied up to 6,100kcal/kg.
- Buyer should submit the full set of Ash Analysis(SiO2, Al2O3, Fe2O3, CaO, MgO, SO3, Na2O, K2O, TiO2, P2O5, MnO, SrO)
(3) Shipment Size & Delivery Term :
- LT-03 : Mini-Cape(110,000mt) on FOBT basis only
- SP-01 : Panamax(70,000mt) on FOBT or CFR basis
- SP-02 : Panamax(70,000mt) on CFR basis only.
In the case of CFR, Supramax shipment (50,000mt ~ 60,000mt +/- 10% shipping tolerance) to be allowed.
(4) Additional quantity supply
On the basis of mutual agreement, additional quantity can be sold and purchased and addendum for the additional tonnage shall be attached to the original contract for long-term contract.
(5) Coal Mine
- The quality of coal to be delivered shall be homogeneous.
3. Procurement Method: International Open Bidding
4. Deadline for Bidding: 10:00 AM, September 8, 2017 (Korea Standard Time)
5. Qualification of Bidder
(1) For LT-03
Coal production company or Marketing Company or Trading Company only those who has performed or performing following contract during the recent three(3) years; at least one (1) year coal supply term contract of no less than 300,000MT per annum to one of the five (5) power generation companies(KOWEPO, KOEN, KOMIPO, KOSPO, and EWP) or major power generation companies(or electric power companies) in Taiwan, Japan or major steel mill companies in Taiwan, Japan and Korea, or
(2) For SP-01
Coal production company or Marketing Company or Trading Company only those who has performed or performing following contract during the recent three(3) years; at least coal supply contract of no less than 120,000MT per annum to one of the five (5) power generation companies(KOWEPO, KOEN, KOMIPO, KOSPO, and EWP) or major power generation companies(or electric power companies) in Taiwan, Japan or major steel mill companies in Taiwan, Japan and Korea, or
(3) For SP-02 (New Bidder)
KOWEPO may, at its sole discretion, additionally purchase one panamax cargo for trial burning at Taean Power Station from the new bidders who have never had any successful record of coal supply to one of the five (5) power generation companies (KOWEPO, KOEN, KOMIPO, KOSPO, and EWP) or major power generation companies (or electric power companies) in Taiwan, Japan or major steel mill companies in Taiwan, Japan and Korea, or during the recent three(3) years coal supply contract of smaller than 120,000MT to one of the five (5) power generation companies(KOWEPO, KOEN, KOMIPO, KOSPO, and EWP) or major power generation companies(or electric power companies) in Taiwan, Japan or major steel mill companies in Taiwan, Japan and Korea, or
The additional conditions for the contract of the above trial burning are as follows;
① Bidding Quantity
- 1 Panamax (70,000MT +/- 10%) . In the case of CFR, Supramax shipment (50,000mt ~ 60,000mt +/- 10% shipping tolerance) to be allowed.
- Discharging Schedule : By the end of December, 2017 at Taean port, Korea
② Coal Sample
After receipt of Award Notice from KOWEPO, the new bidder has to send one coal sample (above 2kg) taken by inspection agency to the following address
Manager (Combustion Engineering Team of Technical Affairs Support Dept )
457 Baljeon-ro, Wonbuk-Myeon, Taean-Gun, Choongcheongnam-do 32105, KOREA
③ Shipping & Price Term
Vessel shall be arranged by the supplier on CFR basis, nevertheless, bidding price shall be quoted both on FOBT and CFR basis.
(Price offered either FOBT or CFR only can be disqualified)
④ Determination of Coal Quality
Coal quality analysis at the Unloading port by International Independent Inspection Agency(SGS etc.) shall be final. Coal quality analysis at the Loading port shall be provisional only.
⑤ Payment Term : Telegraphic Transfer (T/T) Basis
⑥ Bid Bond
The new bidders shall provide bid bond in favor of KOWEPO not less than five percent(5%) of the total tender price by 18:00 hours Korea Standard Time of one day prior to the bid closing date, according to the Bidding Instructions 2.2
⑦ Performance Bond
The new bidders shall establish a performance bond in favor of KOWEPO within seven (7) days after receipt of Award Notice from KOWEPO in an amount not less than ten percent (10%) of the price amount of each shipment on condition of CONTRACT ARTICLE 14 in ITB. The performance-bond shall be in the form of irrevocable clean letter of credit or bank guarantee with confirmation of first class international banks, acceptable to KOWEPO on condition of "sample of P-Bond" in CONTRACT ARTICLE 14.
⑧ Document
A new bidder shall submit to KOWEPO ?Coal Mine Information Sheet? as attached in the Invitation to Bid at bid closing date and if a new bidder is selected as a successful supplier, the successful supplier shall submit to KOWEPO the relevant evidence x-documents including certificates issued by the relevant authorities of the exporting country to demonstrate the legal status and current situation of the coal mine from which the coal would be supplied within fourteen (14) days after notice of successful supplier. If not, KOWEPO has the right to disqualify the bid. The relevant evidence x-documents should be in English.
- The essential bid x-document to be submitted for evaluation :
○ Map from coal mine to loading port
○ Coal Mine Information sheet(Bid Format)
○ Sale and Purchase Agreement between Bidder and Coal miner(only for trader)
○ Export license and Exploitation License for the proposed coal mine
○ Production License for the proposed coal mine
○ Quality Certificate regarding mine which is submitted to tender. etc.
If the x-document is not real, KOWEPO has a right to restrict the participants of coal bidding for one (1) year and can cancel the statue of a successful supplier.
6. Any applicant who wants to receive the relevant x-documents should inform us of the company's name and e-mail address via e-mail to daymore1@iwest.co.kr [Myunghun Gong - Deputy General Manager for LT-03] and jei@iwest.co.kr [Eunil Jung - Deputy General Manager for SP-01/02] or please refer to KOWEPO?s website. (http://www.westernpower.co.kr/new/english/)
Tel) +8241-400-1421/4, Fax) + 8241-400-1407/8
7. The Bid x-documents shall be submitted by designated e-mail below not later than the deadline.
E-mail : bidding@iwest.co.kr
The Bid x-documents which submitted by personal e-mail or a method other than those noted above shall not be accepted.