Latest update January 27th, 2023 12:59 AM
Mar 30, 2011 News
…one more than 400 % above engineer’s estimate
The bids for the contract for the rehabilitation of three sections of the Linden to Lethem road yesterday were unveiled at the National Procurement and Tender Administration Board and some were deemed to be alarming.
The project was divided into three lots by the Ministry of Public Works and the engineer’s estimate for Lot One is $48,815,500, Lot Two $70,000,000 and Lot Three $93,842,000.
The bids submitted:
Bidders Lot One Lot Two Lot Three
Hassan N Pasha $271,343,000 $476,800,000 $510,747,508
Narendra Latchman $32,664,000 $14,020,800 $29,490,700
B&J Civil Works $57,288,000 $84,081,450
Meckdeci Machinery and Construction Inc $48,716,500 $52,130,000 $88,261,350
SYMS General Construction Inc $31,366,000 $43,300,000 $105,956,000
Omai Gold Mines Ltd $120,000,000 $120,000,000
V Dalip Enterprise $126,705,000 $83, 000, 000 $114, 684, 000
BK Internaltional Inc $85,565,000 $70, 000, 000 $ 93, 842, 000
Bids were also opened for the rehabilitation of the road between Lethem and Aishalton and this project was also divided into two lots by the Ministry of Public Works.
The engineer’s estimate for this project for Lot One is $61,037,100, Lot Two $86,769,000 and bids submitted:
Bidders Lot One Lot Two
Hassan N Pasha $278,230,600 $154,696,100
BK International Inc $167,929,400 $54,529,000
V Dalip Enterprise $74,672,800 $63,472,200
Narendra Latchman $69,885,800 $37,685,200
SYMS General Construction Inc $66,072,400
Bids were also opened for Road Construction at Karasabai, Monkey Mountain and this project was also split into three Lots.
The engineer’s estimate for Lot One is $203,930,827, Lot Two $30,300,000, Three $142,871,200.
The bids submitted:
Bidders Lot One Lot Two Lot Three
Hassan N Pasha $325,198,400 $36,100,000 $234,801,280
Morris Balgobin $103,278,860
Narendra Latchman $272,449,300 $15,100,000 $137 628,040
Theodore Faria $34,400,400 $108,000, 096
V Dalip Enterprise $154, 024, 400 $30, 000, 000 $126, 039, 200
Omai Gold Mines Ltd $199, 902, 902 $40, 000, 000
Cyril King $102, 500, 000
Bids were also opened for the procurement of a Submersible Pump and Motor for the Guyana Water Inc for which the engineer’s estimate would cost some $125,820,000.
The bids submitted are:
Bidders Amount
Samaroo’s Investment $312,080,660
National Hardware Investment Inc $245,599,370
Tels Engineering Services $205,718,223
Shandon Yanshan (of China) $79,574,600
SPADS Inc $150,491,102
Water & Oil Wells Services Company Limited (of T&T) $168,501,176
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