TCP awards tender for import of 100,000 MT urea

Trading Corporation of Pakistan

KARACHI: Trading Corporation of Pakistan (TCP), in response to its international tender floated on April 18, has awarded import contract for a quantity of 100,000 metric ton urea at $ 522.86 per metric ton (PMT) C&F, to the lowest bidder M/s. Gavilon Fertilizer LLC, USA.According to TCP here Monday, 14 bids received in the tender and all were found responsive in terms of prescribed evaluation criteria.

The prices quoted in the tender ranged from $ 522.86 per metric ton to $ 549.00 per metric ton (C&F). M/s. Gavilon Fertilizer LLC, offered the lowest price of $ 522.86 for 100,000 metric ton. As the offer conformed to all technical specifications and was the lowest, the contract was awarded, to the lowest bidder for a total quantity of 100,000 metric ton.  -Brecorder