Expression Of Interest

EXPRESSION OF INTEREST
COMMERCIAL / LARGE SCALE MINING (Marble & Granite)

Pakistan Stone Development Company (PASDEC), an initiative of the Government of Pakistan to uplift the Marble and Granite sector of the country has developed mechanized quarries of high value stones all across the country, which are now being offered for commercial / large scale mining to interested parties (third parties) on mutually agreed terms. All quarries being offered have well developed benches and are ready for instant production.

PASDEC intend to invite interested parties for commercial / large scale mining (Marble & Granite) on the developed quarries in Balochistan and KPK. Interested parties may send proposals to the undersigned. All proposals received shall be evaluated after every 15 days.

Proposal/s may mention whether the interested party wishes to carry out operation on its own or engage PASDEC for quarry operations. Detailed terms of reference and location of quarries may be downloaded from website or can be obtained through a requisition on the email given below.

bilal@pasdec.com.pk  ; info@pasdec.com.pk

EXPRESSION OF INTEREST
COMMERCIAL / LARGE SCALE MINING (Marble & Granite)

Pakistan Stone Development Company (PASDEC) is established by the Ministry of Industries and Production (MoIP) as a subsidiary of Pakistan Industrial Development Corporation (PIDC), under section 42 of company’s ordinance 1984 for the development of marble and granite sector of Pakistan. The company is mandated to develop Model Quarries, Up-Gradation, Marble Cities, Machinery Pool and Common Facility and Training Centre across the country.

PASDEC intends to invite interested parties for commercial / large scale mining in the field of marble and granite in Balochistan and KPK on the projects initiated by PASDEC.

The Proposal shall include :

1. The brief profile of the interested party
2. Bank Statement of last two years or an adequate document reflecting financial strength of the company to carry out uninterrupted operations at the quarry.
3. Bank Draft / Pay order of PKR 25,000 (Refundable) in case of non-selection.

Separate bank draft / pay order and proposals shall be submitted in case interested party  is interested in multiple quarrying sites.  Quarries can be visited any day of the week except Friday from 8 am to 4 pm.

Details of quarries are as under:

Modes of operations;

1. If the interested party desires to carry out the quarry operations on its own.

In case the interested party desires to work on any of the afore mentioned ready to operate   quarries (benches and quarry road developed) , they can arrange machinery on their own or can   rent out the machinery from PASDEC machinery pool as per standard terms and conditions. Further the interested  party will offer per ton compensation to PASDEC and the lease holder (if needed) against extraction of the stone.

1. If the interested party engage PASDEC for quarry operations.

The interested party can engage PASDEC for quarry operations, on any of the above mentioned             quarries, by paying machinery rentals and complete operational and administrative expenses. In addition to per ton compensation to PASDEC and lease holder (if needed) against extraction of stone.

1. If the interested party only wish to purchase the blocks of the above mentioned quarries from PASDEC

            The interested party can also purchase the existing stock as well as new stock by paying mobilization advance to PASDEC and also sign an agreement for  purchase clearly mentioning price per ton.

 General Terms of Reference:

1. The agreement shall be signed between PASDEC & Interested party with consent of the Lease holder for a minimum period of 05 years, extendable with mutual consent of all the parties. (Lease holder, PASDEC & the interested party)
2. Quarrying / block extraction may be immediately started from the existing benches.
3. Developmental expenses incurred on new pit opening/bench development shall be borne by the interested party itself.
4. PASDEC may provide rental machinery to the interested party for mechanized mining from its Machinery Pool on rental basis subject to availability.
5. All the payments including the surface rent to landowners (as per the agreement with leaseholder), local payments, Government dues and all costs associated with the operations of Quarry shall be borne by the interested party.
6. Payments to PASDEC shall be made on per ton basis upon extraction of the material (square & irregular blocks) for any purpose. The proposal must include the per ton amount to be paid to PASDEC for square & irregular blocks.
7. Payments to lease holder (If needed) shall be made on per ton basis upon extraction of the material (square & irregular blocks). The proposal must include the per ton amount to be paid to PASDEC for square & irregular blocks.
8. Per Ton payment by the interested parties to PASDEC may be reviewed annually with mutual consent of the parties.
9. Interested parties may also offer lump sum amount to PASDEC against existing stock (regular/irregular) at quarries.
10. In case of termination of agreement PASDEC shall not be liable for any payments against any development work/ any construction/ bench development etc by the interested party.
11. Technical expertise including but limited to Quarry operations, provision of human resources, geological study may be provided to the interested party, the cost of which shall be borne by the interested party.
12. PASDEC reserves the right to accept or reject any offer without assigning any reasons.