GenericSideNavigationPortlet

Actions

Web Content Viewer

Actions

Terms and Conditions


General Conditions for Tadawul Tenders

  1. As provided in the policies and procedures of the Saudi stock exchange company - Tadawul there are two kinds of tenders:
    • General tender: it is announced about in the website of the Saudi stock exchange company- Tadawul and other available media. The announcement will be inclusive of all appointments related to tender (presentation date, deadline of receiving offers- opening date) and all related matters such as tender title, number, type, and price of the brochure of terms and conditions. 
      This type allows tenders for the largest number of competitors to get the required quality with best prices, provided that the companies and institutions that want to enter in such tender have already completed registration and qualification from the Saudi stock exchange company- Tadawul to compete in terms of competence and professional in the field of the required works in this tender. For the companies and institutions wishing to register for the purpose of qualification to enter the tenders of the Saudi stock exchange company- Tadawul,  they should contact the suppliers relationship unit in Procurement department via the email: SupplierRelationships@tadawul.com.sa or via Fax:00966112189443 or by coordination with the administration through the telephone number: 00966112189440. Every specialized company or institution in tender field has the right to buy the brochure of terms and conditions in case of notifying it of passing the stage of qualifying the suppliers if not already registered.
    • Limited tender: it is announced about in the website of the Saudi stock Exchange company-Tadawul The announcement will be inclusive of al appointments related to tender (presentation date, deadline of receiving offers- opening date) and all related matters such as title, number and type.
      This type of tender is open for the companies that completed the stage of registration and qualification from the Saudi stock exchange company- Tadawul to compete in terms of competence and professional in the field of the required works and by nomination and invitation including the request of prices offer from the tender committee to be sent to the nominated company or institution to enter in such tender with specific competitors.
  2. The offers of the prices of the suppliers will be received during the declared specified period for receiving offers and will not receive any offer after that date.
  3. Bids are submitted with the original and two copies stamped with supplier's stamp. That is to fill in the attached tables of prices and specifications with the request of prices offer whether the paper or the electronic one without ignoring any item that need to be priced. This condition is mandatory to all competing companies.
  4. In case of receiving the electronic version of requesting the prices offer, the supplier shall fill in the electronic version and in case of ignorance, he will be excluded from the tender.
  5. Any competitor to this tender shall attach the following documents when providing the offer;
    • For local competitors:
      • A copy of certifications and licenses of the following governmental sectors:
        1. Ministry of Commerce (CR).
        2. Dept. of Zakat & Income.
        3. Chamber of Commerce Industry (Membership).
        4. Ministry of Labor (Saudization certification)
      • Bank details in formal letter.
      • list of shareholders.
      • Trademark certification.
      • The Company’s Financial Statement.
      • Franchised/partnership official letters (If applicable).
      • Professional & Commercial licenses.
      • List of Products and Services (Brochure or Catalog) & company profile.
      • Full Address and all Escalation Contacts (Phone, Email, website, etc.).
      • Authorization letter for the company's representative (Account Manager).
      • Primary bank guarantee of 1% of the total amount of the provided offer (for general tenders).
    • For overseas competitors:
      • Copy of certifications and licenses of the governmental sectors such as below:
        1. Ministry of Commerce (CR).
        2. Dept. of Zakat & Income.
        3. Saudi Arabian General Investment Authority.
      • Bank details in formal letter.
      • list of shareholders.
      • Trademark certification.
      • The Company’s Financial Statement.
      • Franchised official letter / partnership official letters (If Applicable).
      • Professional & Commercial licenses.
      • List of Products and Services (Brochure or Catalog) & company profile.
      • Full Address and all Escalation Contacts –(Phone, Email, website, etc.).
      • Authorization letter for the company's representative (Account Manager).
      • Primary bank guarantee of 1% of the total amount of the provided offer (for general tenders).
  6. Documents and licenses referred to in paragraph (5) must be valid.
  7. The validity of the offer must not be less than two months from the date of opening offers and renewable for similar period unless a letter from the bidder stating his disapproval of extending his offer before the end of the offer.
  8. Offers must be handed over or sent to the Procurement department in the Saudi Stock exchange (Tadawul) before the specified time and date.
  9. The supplier undertakes to appoint a coordinator to follow the needs and implementation mechanism (quantity – period - implementation mechanism) of the Saudi stock exchange (Tadawul) for the items given to him and to implement them in coordination with the concerned agencies and departments.
  10. If the supplier delayed the supply or implementation on time, the Saudi stock exchange has the right to supply and implement on his expense after passing 15 days of the agreed date.
  11. Only supplied quantities and actual implemented services will be accounted during the period of contract.
  12. The terms of this tender subject to the policies and procedures of the Saudi stock exchange (Tadawul).