Contracts Awarded by ICB - Conversion of Low Voltage Distribution System (LVDS) to High Voltage Distribution System (HVDS) in Five (5No) Electricity Distribution Companies

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 5

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 G.T Road, Sahihabad Ghaziabad, U.P, India - 201005.
Bid price at bid opening: US$1,515,085.45
Final bid price: US$1,465,084.58

Evaluated Bidder(s)
1.) East India Udyog Limited
Rid price at bid opening: US$1,515,085.45
Bid price of evaluated bid: US$1,465,084.58

2.) Seacof Engineering Services Ltd
Rid price at bid opening: US$1,284,311.48
Bid price of evaluated bid: US$1,234,310.33

3.) PCI Limited
Rid price at bid opening: US$1,542,426.96
Bid price of evaluated bid: US$1,482,224.98

4.) News Engineering (Nig) Limited
Rid price at bid opening: US$1,565,616.36
Bid price of evaluated bid: US$1,490,388.33

5.)  Geobi Nigeria Limited
Rid price at bid opening: US$1,566,783.45
Bid price of evaluated bid: US$1,566,781.88

6.)  Willands Engineering Nigeria  Limited
Rid price at bid opening: US$1,793,862.59
Bid price of evaluated bid: US$1,671,087.91

7.) Pivot Engineering Company Limited
Rid price at bid opening: US$1,774,485.85
Bid price of evaluated bid: US$1,724,484.61

8.) Jibs Engineering Services Limited
Rid price at bid opening: US$2,115,591.46
Bid price of evaluated bid: US$1,896,204.03

9.) Hebros Engineering Company Limited
Rid price at bid opening: US$2,282,112.93
Bid price of evaluated bid: US$2,231,387.73

10.) Bussdor & Company Limited
Rid price at bid opening: US$3,503,603.38
Bid price of evaluated bid: US$3,555,528.19

11.) Traders Energy Limited
Rid price at bid opening: US$2,866,395.54
Bid price of evaluated bid: US$80,096,780.58

• 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$236,401,847.94
Reason(s) for rejection: The Bidder did not submit Bid Security in the name of the Joint Venture but in the now of one partner in the JV - Power Projects Limited In addition, the Price Schedules were not completed by the Bidder.

2.) Power Control Appliances Limited
Bid price at bid opening: US$3,400,047.49
Reason(s) for rejection:  The Bidder did not submit Technical Guarantee Tables for major Items, The bidder’s year of registration is 2008 which tall short of the five(5) years requirement in the Ridding Document

3.) OCO Industrial Service 
Bid price at bid opening: US$45,516,514.81
Reason(s) for rejection: The Bidder did not submit Bid Security.

4.) Boranti Nigeria Limited 
Bid price at bid opening: US$4,254,521.88
Reason(s) for rejection: The bidder submitted photocopy of Bid Security

5.) Egypro Nigeria Limited
Bid price at bid opening: US$1,186,938.70
Reason(s) for rejection: The bidder is in a JY but the bid security was submitted in the name done of the JV Partner. The bid form was signed y one of the JV partner in the name of the Egypro Nigeria Limited. The bidder however submitted a detailed JV agreement with their bids stating the responsibilities of each partner in case of contract award.

6.) Wireteks International limited
Bid price at bid opening: US$1,934,692.41
Reason(s) for rejection: The bidder did not submit Bid Security.

7.) CCII Marketing Nigeria Limited
Bid price at bid opening: US$1,124,827.09
Reason(s) for rejection: The bidder did not submit Bid Security

8.) BATELITWIN
Bid price at bid opening: US$3,009,299.10
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

9.) Goodwill Impex International Limited
Bid price at bid opening: Bid price of evaluated bid US$1,145,814.21
Reason(s) for rejection: The Bidder lacks specific experiences on jobs of similar nature and complexity.

10.) Teshmont/Derekson Consortium
Bid price at bid opening: Bid price of eva1uated bid US$1,183,240.65
Reason(s) for rejection: The Bidder lacks specific experiences on jabs of similar nature and complexity.