Notification of Contract Award
In accordance to clause 40.2 of the Instructions to Bidders, Construction Development Corporation Ltd. would like to inform that the contract for the Construction of River Training and Embankment works for Phuentsholing Township Development Project (PTDP), erstwhile named as Amochhu Land Development and Township Project (ALDTP) is awarded to the winning bidder as per the following details:
Contract Name: Construction of River Training and Embankment works
Project: Phuentsholing Township Development Project (PTDP)
Contract Package: CW-01
Tender Date: May 25, 2017
Submission Date: July 31, 2017
The following Bidders submitted the bid on the above submission date and within time:
|Bidder No.||Bidders Name||Technical Evaluation Result|
|Afcons Infrastructure Limited||Technically qualified and progressed to next round of price bid opening|
|Gammon Engineers & Contractors Pvt. Ltd||Technically disqualified; does not meet the cash flow requirements set forth in the bidding document.|
|Simplex Infrastructure Ltd.||Technically qualified and progressed to next round of price bid opening.|
|Jaiprakash Associates Ltd.||Technically disqualified; does not meet the cash flow requirements set forth in the bidding document.|
|Tata Projects Ltd.||Technically qualified and progressed to next round of price bid opening.|
|CTCE – Kalika JV||Technically disqualified; does not meet the cash flow requirements set forth in the bidding document, and the Bidder has provided no satisfactory evidence of meeting the bid requirements for contracts of similar size and nature and construction experience in key activities.|
The following are the bid prices:
|Bidder No.||Bidders Name||Bid Price During Opening||Evaluated Bid Price||Ranking|
|Afcons Infrastructure Limited||Nu. 3,260,738,078.00||Nu. 3,260,743,563.5|
|Simplex Infrastructure Ltd.||Nu. 2,593,152,298.00||Nu. 2,593,152,298.00|
|Tata Projects Ltd.||Nu. 3,862,138,007.00||Nu. 3,862,157,106.82|
Owing to the delay in contract signing with the lowest evaluated bidder (L1), Ms Simplex Infrastructure limited and declining to extend their bid validity beyond February 28, 2018, their bid was considered null and void. Therefore, with the advice from ADB, negotiation with L2 (Afcons Infrastructures) was initiated which was eventually successful.
The contract agreement with M/s Afcons Infrastructure Ltd., Mumbai, India (L2) was signed on July 18, 2018, for the negotiated bid price of Nu. 2,964,669,207.17.
The time period and the scope of work for the contract remain unchanged as in the bidding document.
CHIEF EXECUTIVE OFFICER