Awarded Contract on Procurement of Operational Vehicles (Pick-Up Double Cabin)

Nigeria Erosion and Watershed Management Project -P124905 Procurement of Operational Vehicles (Pick-Up Double Cabin) FPMU/NCB/1211 Publication of Procurement Process Outcome

In line with international best practices and in fulfillment of stipulations of the Procurement Guidelines the Ministry wishes to declare the outcome of the procurement process for the above.
1.) Bid Opened: 27th Setember 2012
2.) Bid Closed: 31st October, 2012 12.00 noon
3.) No. of Bids Sold: 10
4.) No. of Bids Submitted: 7

5.) Name of Bidders who Submitted and Bid Prices as Read out
Name: Ineh-Mic Automobiles Co. Ltd
Read Out Price: N4,508,000

Name: Coscharis Motors Ltd
Read Out Price: N43,659,000

Name: AT&S Investments Ltd
Read Out Price: N50,330,000

Name: Castlat (Nig) Ltd
Read Out Price: N43,630,000

Name: Asd Motors Nig Ltd
Read Out Price: N1,466,800

Name: Lysun Global Investment Nig. Ltd
Read Out Price: N48,840,000

Name: Dilly Motors Ltd
Read Out Price: N43,200,000

6.) Bids Rejected and Reasons
Name: Ineh-Mic Automobiles Co. Ltd
Reason for Rejection: Bid Bond from an Insurance Firm

Name: Coscharis Motors Ltd
Reason for Rejection: No Bid Security

Name: Dilly Motors Ltd
Reason for Rejection: No Bid Security

7.) Bids Evaluated
AT&S Investments Ltd
Caslatnig Ltd
Asd Motors Nig Ltd
Lysun Global Investment Nig. Ltd

8.) Name of Bidder Recommended for Award and Price
Castlat (Nig) Ltd N43,630,000

9.) Bidder Awarded the Contract and Price
Castlat (Nig) Ltd N43,630,000

10.) Scope of Contract Awarded
Supply of 8 Nos. Double Cabin Toyota Hilux VVT- 1,5 Speed Manual

C. O. Nwune
National Programme Coordinator, NEWMAP
Announcer