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Some
changes in its criteria to determine the winner in this
round had been made, as improvements from its first tender
issued last year, which ended in the awarding of nine
blocks in December 2001. There are four main components
for determining the winner, in order of priority, as follows:
signature bonus; work commitment (with supporting technical
data and documents); financial capability; and the company's
performance history.
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The
difference is that there was no signature bonus as the
first criterion in previous tender, and the tender is
open to all domestic and foreign companies (in the past,
only those on Pertamina's membership/mailing list were
qualified to bid).
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Another
feature is that, no negotiations are entertained. Selection
is strictly based on the submissions to the tender to
determine the winner (previously, the awarding to the
winner was also based on one-to-one negotiations, which
were often long-drawn).
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The
flowchart of the bidding procedure is as follows: |
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1.
|
Announcement
|
Special
announcement of the new acreages to be offered for
tender |
| 2. |
Bid
Invitation
|
The
new acreages are ready to be tendered, and invitation
will be disseminated to all companies through the
home page, at http://www.geomigas.com/ |
| 3. |
Bid
Information
|
It
contains the information of the tender process,
including instructions to the tender participant.
The participant must purchase the Bid Information
at the Directorate General of Oil and Gas. |
| 4. |
Clarification
Forum |
|
| 5. |
Bid
Participation
|
The
tender participant should submit the entire tender
document before the closing date of the tender. |
| 6. |
Bid
Evaluation
|
The
submitted document is evaluated by a Tender Team,
based on the technical analysis, financial content,
and especially the firm commitments of the Work
Program as proposed by the Bidder. |
| 7. |
Determination
of the Winning Bidder |
Based
on the recommendation of the Tender Team, the Director
General of Oil and Gas appoints the Winning Bidder. |
| 8. |
Contract
Signing |
The
successful Bidder and Badan Pelaksana will sign
the Production Sharing Contract Agreement. |
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Requirements
of the Tender Participant: |
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- The
companies eligible to participate in the tender are
Foreign Companies, National Private Companies, and
Indonesian State Companies. A copy of the Notarial
Deed of Establishment should be presented.
- The
Company is requested to show its financial ability
based on its "Financial Performance" of
the past 3 (three) years.
- The
Company should show its ability and have relevant
experience in oil and gas business.
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The
explanation and procedure concerning the acreage tender
activities can be found in the Bid Information document,
which could be owned and accessed on the date determined,
with paying of US 5.000,- through an assigned Bank in
Jakarta, and paid through the Bank Account:
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Kegiatan
Pelaksanaan Pengelolaan (KPP) Wilayah Kerja Minyak dan
Gas Bumi
AC : 122-000-1109001 Bank Mandiri, Cabang Jakarta Kebon
Melati
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