eBid Summary
(read full details below)
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Need:
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Fasteners for
22 Facilities
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Term:
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6-Year period:
One 3-year initial period with three 1-year extension
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Quantity:
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Historical usage is estimated at 17,488,050
units across 10,200 line items
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Price:
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3-Year lock with Price Fluctuation as
noted below
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Contact:
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Sorcity at 512-366-9166
Sorcity Welcome
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Change Log | Date | Change Made | 11/5 | End Time changed to later (See Key Dates below or Time Remaining above) | 11/4 | End Time changed to later (See Key Dates below or Time Remaining above) | 10/26 | Key Dates/Times changed (See Key Dates below) | 10/22 | Key Dates/Times changed (See Key Dates below) | 10/8 | Line Item Worksheet updated to LIW-v2 |
Precision Castparts Corp (PCC), Aerostructures
division, is conducting an eBid for Fasteners for their 22 Facilities. This is a
Best & Final round wherein prices sought are lower and not higher than in a prior
round.
The term of the award resulting from this Request for Quote (RFQ) will be in
effect for a minimum of 3-years with three 1-year extension options, as
agreed-to between Buyer and Seller, provided performance and pricing is on
track.
Please read this complete eBid, all related email notices and attachments, and
the Sorcity Member Agreement, so you understand the bid guidelines and are
prepared to bid on those items that your company provides.
Due to the large number of line items, the complexity of the award evaluation,
and the lead time of items, the award is scheduled to be made in February 2021
with a contract start date for this award on January 1, 2022.
Although price is an important factor in this award, this is not a price-only
decision. Other factors to be considered include: quality, service-levels,
responsiveness, and acceptance of Buyer's contractual terms and conditions.
After the online bidding ends, the Buyer may contact several low bidders to
further understand capabilities and additional benefits you might have to offer,
before an award is made (see Key Dates below).
PLEASE NOTE:
To ensure the bid process remains fair, any direct contact with the Buying
Organization regarding this Event, during or after this bid process, until the
Buyer contacts you, will cause you to be in violation of the bid process (see
Sorcity Member Agreement).
All Estimated Annual Units (EAU) in the Line Item Worksheet (LIW) that will be
provided to bid are best estimates and not guaranteed quantities. The EAU
does not commit the Buyer to purchase any specific volumes, as this is a
firm fixed category bid that is not volume dependent. Items may fluctuate, drop
off, or be added.
BID STRUCTURE: This eBid is divided into two parts: 1. separate biddable Subgroups and
2. a List of Items not in Subgroups. A link to each sub-group is included
in the table below. This is where you will place your total bid amount for each
subgroup, in which you elect to participate, when the bidding opens (see
KEY DATES below).
You will be provided access to only those sub-groups and/or list of items for
which you are able to supply ALL products listed, intend to bid that Subgroup,
and meet the terms stated.
The Buyer intends to evaluate and award on a line item basis, but reserves the
right to award by whole Subgroups.
Buyer is requesting Bidder's best unit price and inclusive of: rebates,
allowances, and incentive programs. The Buyer does not want these other
incentive programs separate from or in addition to the unit price an must be
included as part of the unit price bid. This eliminates tracking and auditing of
these ancillary programs and provides straightforward best pricing.
Please perform honorably. Bids will only be accepted through this Event.
Bidding in any other manner will disqualify you for this business for
the term of the award. We look forward to your participation in this fair
and objective bid process. Here are the sub-groups to bid:
Fasteners Sub-groups |
Sub-group |
eBid # |
1
|
Per Key Dates bid here 4901 |
2
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Per Key Dates bid here 4902 |
3
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Per Key Dates bid here 4903 |
4
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Per Key Dates bid here 4904 |
5 |
Per Key Dates bid here
4905 |
Line Item Worksheet (LIW):
Once you register, Sorcity will provide you a Line Item Worksheet (LIW)
containing the Subgroups and additional List of Items to enter
your per unit pricing.
The Subgroups will automatically calculate your “Subgroup Total” as you enter
per unit prices. You will only enter the Subgroup Total online
after you verify it is correct. Do not enter line item prices online.
The List of Items you will price in the LIW only and not
online, but this is part of your total bid and will be evaluated for award so
should be priced with the same discounts provided in the Subgroups. Once the LIW
is received:
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Please be sure to save the
Line Item Worksheet to your desktop first, and then use it to work up
your bid. This will allow you to promptly return this worksheet once the
bidding ends.
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Please follow the instructions
including filling in all items highlighted in green such as your Dun &
Bradstreet number and Unit Prices where noted, as it is part of this bid
package./font>
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In order to avoid mistakes and
ensure that the Opening Bid value accommodates your pricing, you must email
your initial pricing in the Line Item Worksheet to Sorcity at least 2 days
in advance of opening bids, per the Key Dates below.
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YOUR COMPLETED LINE ITEM
WORKSHEET IS A REQUIREMENT AND MUST BE RETURNED TO SORCITY BY NO
LATER THAN FRIDAY, OCTOBER 30TH, 11 AM (CENTRAL TIME), regardless of your
bid position, per the Key Dates below.
REQUIREMENTS:
Here are some requirements specific to this purchase (also see LTA for more):
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All delivery costs must be
included in your per unit pricing.
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Quote as Vendor Managed
Inventory (VMI) for the subgroups noted “with VMI”.
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The LIW will reference a
specific flow down clause for each part.
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Your bid should include a
consignment or 2-month safety stock program kept at your facility.
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Please include annual cost
reductions as a part of your proposal.
KEY DATES: Anticipated for
Award (U.S. Central Time)
You may view this in your time zone from your Supplier Steps page.
Date | By | Action | 10/7 | 1:00 p.m. | Confirm your intent to bid |
10/8 | 1:00 p.m. | Provide Approval Contacts |
10/9 | 1:00 p.m. | Register with Sorcity (no cost to join) |
10/12 | 4:00 p.m. | Enter questions or request exceptions online |
10/22 | 11/2 | 11:00 a.m. | Send Sorcity Initial Line Item Worksheet Pricing |
11/5 | 11/4 | 2:00 p.m. | 12:00 p.m. | Final bid due for Event #4904 - Subgroup 4 |
10/29 | 11/4 | 3:00 p.m. | 12:15 p.m. | Final bid due for Event #4905 - Subgroup 5 |
10/28 | 11/4 | 1:00 p.m. | Wait for Access to Bid |
10/29 | 11/5 | 11:00 a.m. | Final bid due for Event #4901 - Subgroup 1 |
10/29 | 11/5 | 12:00 p.m. | Final bid due for Event #4902 - Subgroup 2 |
10/29 | 11/5 | 1:00 p.m. | Final bid due for Event #4903 - Subgroup 3 |
10/30 | 11/6 | 11:00 a.m. | Return final Line Item Worksheet |
11/20 | 5:00 p.m. | Buyer will award to best qualified Supplier |
SPECIAL NOTES:
Sorcity is committed to following the Institute for Supply Management’s Ethics
Guidelines for procurement and has therefore implemented the following bid
guidelines to ensure all suppliers are treated fairly. Please comply with the
following or you may be disqualified from bidding on this opportunity.
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All questions or exceptions should be entered above
through the [View & Ask Questions] button. Answers will be posted for all
Suppliers to view.
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If you need to speak directly to a representative, please
call Sorcity at the number listed in the eBid Summary above.
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By placing a bid in this Event, you represent that your
firm agrees to all terms, stated in the Sorcity Member Agreement, and all
content, terms, and conditions contained in this Event and attachments,
except for any exceptions you received from Sorcity or the Buyer, in
writing, or on the Question & Answer page.
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Bidder agrees not to make assumptions and that content,
or clauses external to this eBid do not apply, unless approved in writing by
the Buyer and Sorcity.
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You must honor your bid for the duration of the bid
process and award term, otherwise you MUST notify Sorcity of any change
immediately. |