Federal Republic of Nigeria - Contracts Awarded by ICB for NGP-D4 Lot 4

Name of Project: Nigeria Electricity & Gas Improvement Project

Project ID: 46200-UNI

Bid/Contract Description: NGP-D4 Lot 4

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: East India Udyod Limited, 145, 63 Roads Sahibabad, Ghaziabad, UP, India - 201005.
Bid price at bid opening: US$1,680,639.36
Final bid price: US$1,429,454.23

Evaluated Bidder(s)
1.) East India Udyog Limited
Rid price at bid opening: US$1,680,639.36
Bid price of evaluated bid: US$1,429,454.23

2.) Seacof Engineering Services Ltd
Rid price at bid opening: US$1,275,846.66
Bid price of evaluated bid: US$1,225,845.52

3.) News Engineering (Nig) Limited
Rid price at bid opening: US$1,511,084.87
Bid price of evaluated bid: US$1,437,023.29

4.) PCI Limited
Rid price at bid opening: US$1,603,480.64
Bid price of evaluated bid: US$1,437,415.79

5.)  Pivot Engineering Company Limited
Rid price at bid opening: US$1,761,269.10
Bid price of evaluated bid: US$1,711,267.86

6.)  Godonna Petroleum and Energy Services Limited
Rid price at bid opening: US$1,854.502.72
Bid price of evaluated bid: US$1,780,320.83

7.) Crown Resources Development Services Limited
Rid price at bid opening: US$2,188,495.43
Bid price of evaluated bid: US$2,052,481.42

8.) Jibs Engineering Services Limited
Rid price at bid opening: US$2,066,971.61
Bid price of evaluated bid: US$2,089,353.52

9.) Alpha Consortium and Voltage Infra JV
Rid price at bid opening: US$2,172,903.45
Bid price of evaluated bid: US$2,122,901.65

10.) Bussdor & Company Limited
Rid price at bid opening: US$3,213,231.48
Bid price of evaluated bid: US$3,266,395.60

11.) Traders Energy Limited
Rid price at bid opening: US$1,045,280,027.59
Bid price of evaluated bid: US$76,394,248.45

• The Bidder did not have enough cash flow to execute three lots currently.

Rejected Bidder(s)
1.) Power Projects Limited /GIT Genesis Engineering Limited
Bid price at bid opening: US$297,278,209.67
Reason(s) for rejection: The Bidder is in a JV according to their JV Agreement but did not submit their Bid Security in the name of the Joint Venture. In addition, the Price Schedules were not completed by the Bidder.

2.) A. I. Boritz Limited
Bid price at bid opening: US$3,413,250.71
Reason(s) for rejection: The bidder submitted photocopy at Bid Security. The bidder’s year of registration is 2010 which fall short of the five(5) year’s requirement in the Bidding Document

3.) Kenol Nigeria Limited
Bid price at bid opening: US$2,677,025.23
Reason(s) for rejection: The Bidder 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.

4.) Fedders Lloyd Corporation Limited 
Bid price at bid opening: US$3,080,606.49
Reason(s) for rejection: The Bidder 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.) Zeroth Nigeria Limited
Bid price at bid opening: Bid price of evaluated bid US$972,995.62
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.

6.) Goodwill Impex International Limited
Bid price at bid opening: Bid price of evaluated bid US$1,153,318.08
Reason(s) for rejection: The Bidder lacks specific experiences on jobs of similar nature and complexity.

7.) Geobi Nigeria Limited
Bid price at bid opening: Bid price of evaluated bid US$1,359,498.79
Reason(s) for rejection: The Bidder lacks specific experiences on jobs of similar nature and complexity.