Federal Republic of Nigeria - Contracts Awarded by ICB

The Federal Republic of Nigeria - Contracts Awarded by ICB

Name of Project: Nigeria Electricity & Gas Improvement Project

Project ID: 46200-UNI

Bid/Contract Description: NGP-D4 Lot 2

Scope of Contract: Conversion of Low Voltage Distribution System (LVDS) to High Voltage Distribution System (HVDS) in Five (5No) Electricity Distribution Companies

Duration: 18 Months

Contract Signature Date: Not Yet Signed

Awarded Bidder
Name & Address of awarded bidder: Seacof Engineering Services Ltd 2, Muyiwa Close. Off Ajayi Road, Ogba, Lagos Nigeria.
Bid price at bid opening: US$1,108,172.67
Final bid price: US$1,058,171.70

Evaluated Bidder(s)
1.) Seacof Engineering Services Ltd
Rid price at bid opening: US$1,108,172.67
Bid price of evaluated bid: US$1,058,171.70

2.) Goodwill Impex International Limited
Rid price at bid opening: US$1,080,808.10
Bid price of evaluated bid: US$1,059,178.26

3.) Geobi Nigeria Limited
Rid price at bid opening: US$1,193,100.51
Bid price of evaluated bid: US$1,193,099.31

4.) News Engineering (Nig) Limited
Rid price at bid opening: US$1,314,947.95
Bid price of evaluated bid: US$ 1,242,102.60

5.) East India Udyog Limited 
Rid price at bid opening: US$1,319,393.05
Bid price of evaluated bid: US$1,269,392.32

6.) PCI Limited 
Rid price at bid opening: US$1,334,755.26
Bid price of evaluated bid: US$1,282,690.67

7.) Pivot Engineering Company Limited
Rid price at bid opening: US$1,542,112.99
Bid price of evaluated bid: US$1,492,711.95

8.) Hebros Engineering Limited
Rid price at bid opening: US$1,658,969.50
Bid price of evaluated bid: US$1,868,571,88

9.) Alpha Consortium and Voltage Infra JV
Rid price at bid opening: US$1,939,806.64
Bid price of evaluated bid: US$1,889,805.07

10.) MBH Power Limited
Rid price at bid opening: US$2,058,086.99
Bid price of evaluated bid: US$2,008.085.66

11.) Bussdor & Company Limited
Rid price at bid opening: US$2,792,682.23
Bid price of evaluated bid: US$2,834,291.65

12.) Traders Energy Limited
Rid price at bid opening: US$2,433,052.99
Bid price of evaluated bid: US$60,752,514.91

Rejected Bidder(s)
1.) Power Projects Limited /GIT Genesis Engineering Limited
Bid price at bid opening: US$237,505,771.93
Reason(s) for rejection: The Bidder did not submit Bid Security in the name of the Joint Venture but In the name of one partner In the JV - Power Projects Limited. In addition, the Price Schedules were not completed by Use Bidder.

2.) OCC Industrial Services
Bid price at bid opening: US$31,596,704.08
Reason(s) for rejection: The Bidder did not submit Bid Security.

3.) Kenol Nigeria Limited
Bid price at bid opening: US$2,220,926.38
Reason(s) for rejection: The Bidder did not submit Guarantee Technical Tables for the three major items (i.e LV Distribution box, Fuses & HT concrete pole) even when they were requested of the second time to submit during the evaluation process.

4.) Fedders Lloyd Corporation Limited 
Bid price at bid opening: US$2,180,766.85
Reason(s) for rejection: The Bid& did not submit Guarantee Technical Tables for the three major items i.e LV Distribution box, Fuses & UT concrete pole) even when they were requested of the second time to submit during the evaluation process.

5.) CCII Marketing Nina Limited
Bid price at bid opening: US$1,123,856.80
Reason(s) for rejection: The bidder did not submit Bid Security.

6.) BATELITWIN
Bid price at bid opening: US$2,588,897.81
Reason(s) for rejection: The bidder submitted Bid Security valid for only 28 days which is below the 120 days requirement In the Bidding Document

7.) Zeroth Nigeria Limited
Bid price at bid opening: Bid price of evaluated bid US$873,634.81
Reason(s) for rejection: The Bidder did not meet the cash flow requirement and could not provide appropriate unconditional letter of credit facility from their Bank.

8.) Teshmont/Derekson Consortium
Bid price at bid opening: Bid price of evaluated bid US$91 2.476,11
Reason(s) for rejection: The Bidder lacks specific experiences on jobs of similar nature and complexity