1. The Supplier shall provide documentary evidence for all the "Mandatory Criteria" mentioned above. Bapco reserves the right to reject the bid based on the assessment carried out on the Mandatory Criteria. Only the bids complying with all Mandatory Criteria will be considered for evaluation.
2. The Supplier shall submit the most recent 2 year (2019 & 2020) audited financial statements. Financial soundness of the Supplier will be assessed by Bapco in accordance to the financial evaluation matrix, which is attached to the RFP.
3. Full score (25%) will be given to the Supplier with the highest liquid nitrogen production capacity. Other Suppliers will score proportionally lower.
4. Full score (25%) will be given to the Supplier with highest years of experience in liquid nitrogen supply. Other Suppliers will score proportionally lower.
5. Full score (50%) will be given to the Supplier with shortest duration to install and commission the liquid nitrogen storage and vaporisation facilities at LSFO and South Process. Other Suppliers will score proportionally lower.
6. Until the liquid nitrogen storage and vaporisation facilities are installed and commissioned as per Note 4, the Supplier shall provide temporary mobile facilities of equivalent capacities to the requested fixed liquid nitrogen storage and vaporisation facilities. The mobile facilities shall be at Bapco site, ready to supply nitrogen to the refinery, within 15 days from the start of the agreement.
7. The commercial evaluation of the bid will be carried out only if the bid is technically acceptable.