Contracts Awarded By ICB.
Name of Project: Lagos Urban Transport Project II.
Project ID: P112956.
Bid/Contract Description: Rehabilitation and Up-grading of Akin Adesola Road, Victoria Island.
Duration: 18 Months
1.) Awarded Bidder
Name of Awarded Bidder |
Address |
Bid Price at Bid Opening |
Final Bid Price |
Remarks |
Hitech Construction Company Limited |
Lagos, Nigeria |
1,408,100,273.35 |
1,408,081,048.53 |
Lowest responsive Bidder |
2.) Evaluated Bidders
Name of Evaluated Bidders |
Address |
Bid Price at Bid Opening (N) |
Evaluated Bid Price |
Remarks |
HFP Engineering Nig. Ltd |
Lagos, Nigeria |
1,256,603,986.44 |
1,256,603,954.94 |
Annual average turnover did not meet the financial requirement for this project |
Hitech Construction Company Limited |
Lagos, Nigeria |
1,408,100,273.35 |
1,408,081,048.53 |
Lowest responsive Bidder |
Jiangsu Provincial Transportation Engineering Group Company Ltd |
Jiangsu Province, China |
1,438,051,141.12 |
1,438,051,141.12 |
Evaluated Bid Price higher than lowest Bid Price |
Deux Project Limited |
Lagos, Nigeria |
1,577,737,979.58 |
1,577,719,989.36 |
Evaluated Bid Price higher than lowest Bid Price |
Arab Contractors (OAO) Nigeria Limited |
Abuja, Nigeria |
1,718,606,775.26 |
1,698,887,652.36 |
Evaluated Bid Price higher than lowest Bid Price |
Eldorado Nig Ltd |
Lagos, Nigeria |
1,841,251,691.48 |
1,842,501,033.98 |
Evaluated Bid Price higher than lowest Bid Price |
PW Nigeria Limited |
Lagos, Nigeria |
2,194,040,415.84 |
2,194,040,415.84 |
Evaluated Bid Price higher than lowest Bid Price |
CGC Nigeria Limited |
Abuja, Nigeria |
2,226,271,200.73 |
2,226,271,200.73 |
Evaluated Bid Price higher than lowest Bid Price |
Servetek Const Co Ltd |
Lagos, Nigeria |
2,284,640,787.77 |
2,284,640,787.77 |
Evaluated Bid Price higher than lowest Bid Price |
Julius Berger Nigeria Plc |
Lagos, Nigeria |
3,519,315,888.02 |
3,519,315,888.02 |
Evaluated Bid Price higher than lowest Bid Price |
3.) Rejected Bidder
Name of Rejected Bidder(s) |
Address |
Bid Price at Bid Opening (N) |
Remarks |
Palmyra Construction Nig Ltd |
Lagos, Nigeria |
2,882,586,864.45 |
Bid Security provided by bidder is not compliant with bid security form provided |
The Managing Director
Lagos Metropolitan Area Transport Authority (LAMATA)
Block C, 2nd floor, Motorways Centre,
1, Motorways Avenue Alausa,
Ikeja, Lagos State, Nigeria
Telephone: 01-2702778-82 Fax: 01-2702783
E-mail:
dmobereola@lamata-ng.com