Billion-dollar bids tendered for UG civil works

Feb 11, 2015 News

Under the Ministry of Education billion-dollar bids were tendered for the procurement of contractors for civil works at the University of Guyana (UG). The bid was divided into two lots. Lot (1) Faculties of Agriculture and Forestry and Technology; Lot (2) Faculty of Natural Science and School of Earth and Environment Sciences.

The bids were opened yesterday at the National Procurement and Tender Administration Board (NPTAB), Main and Urquhart Streets.

*Bidder*	*Amount*
Kares Engineering Inc.	Lot (1) $516.1M Lot (2) $684.5M (Discounts of 5% offered for both lots)
Correia and Correia Ltd	Lot (1) $735.3M Lot (2) $1B (Billion) VAT Inclusive
China Railway First Group Company Ltd	Lot (1) $1B Lot (2) $1.3B
Nabi Construction Inc.	Lot 1&2 $1.2B Vat Inclusive
R Bassoo and Sons Construction Company	Lot (1) $484.8M Lot (2) $671.5M
*Engineer’s Estimate*	*Lot (1) $357M* *Lot (2) $515.8M*

Still, within the same sector, bids were submitted for the procurement of laboratory equipment for the University of Guyana.

*Bidder*	*Amount*
South Caribbean Distributors	Lot (9) US$ 37, 785
Sotex International of the UK	Lot (1) £ 260,567 Lot (2 )£ 52,587
Agro Tech of Rome	Lot (5) US $180,773
Netcom Computer City	Lots 1,2,4,5,6,7,8 & 9 $288.2M
Thromaspec Ltd of Trinidad	Lot (1) US$439,361 Lot (4) US$ 11,554 Lot (5) US$ 39,230 Lot (8) US$ 20,582
IPA of Guyana	Lot (1) $113.7M Lot (5)$35.5M Lot (9)$ 6.8M
Technocom Investment	Lot (6) US $178,650 Lot (7 ) US $178,850 Lot (9) US $74,823
R Bassoo and Sons Construction Co	Lot (1) $193.4M Lot (2) $19.2M Lot (4) $17.4M
Western Scientific Company of Trinidad	Lot (1)US $488,391 Lot (2)US $287,518 Lot (3)US $55,841 Lot (6)US $175,236 Lot (7)US $105,930 Lot (8)US $33, 347 Lot (9)US $83,351 *VAT and Duty Exclusive*
Meditron Scientific Sales	Lot (1)$133.5M Lot (2)$5.3M Lot (3)$1.6M Lot (4)$10.2M Lot (5)$68.2M Lot (6 )$5.6M Lot (7)$4.8M Lot (8)$ 2.1M Lot (9)$ 5.7M
Analogic Solutions of Trinidad	Lot (1)US$50,476 Lot (4) US$ 116,546 Lot (5) US$ 115,620 Lot (7) US$38,686
CEDI Europe of Netherland	Lot (1)US$634,356 Lot (2)US$ 161,772 Lot (3)US$ 119,387 Lot (4) US$137,166 Lot (5) US$228,144 Lot (7) US$153,752 Lot (8) US$85,170 Lot (9) US$84,248

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