Invitation for Bids on the Civil Reconstruction and Flood Control of Sinking 132/33KV Alagbon Substation, Ikoyi Lagos: Bid NGP – W1

Posted by Chinyere on Tue 15th Jan, 2013 -

Reference to Invitation for Bids on the Civil Reconstruction and Flood Control of Sinking 132/33kV Alagbon Substation, Ikoyi Lagos: Bid NGP - W1 published in dgMarket Online and the Thisday Newspaper of 18th October, 2012.

This is to inform all the Prospective Bidders that in view of the issues that were raised and considerations given at the Pre - Bid Meeting of 11th December, 2012

The Bid Closing / Opening date has been extended from 15th January, 2013 to 12th February, 2013. The Bid Closing / Opening time remains 12:00 noon.

Consequent upon change in scope of work, the Qualification Requirements has been revised as follows:
1.) The amount of bid security shall be an amount equivalent to One hundred and ten thousand United States Dollars (US$110,000.00) or the currency of the bid or a freely convertible currency.

2.) Minimum average annual turnover of Eleven million US Dollar (US$11m) “or equivalent” calculated as total certified payments received for contracts in progress or completed, within the last Five (5) years.

3.) Financial Resources
The Bidder must demonstrate access to, or availability of financial resources such as liquid assets, unencumbered real assets, lines of credit, and other financial means, other than any contractual advance payments to meet the following cash-flow requirements of One million, nine hundred thousand US Dollar (US$1.9m) “or equivalent”

4.) Specific Experience:
Participation as contractor, management contractor, or subcontractor, in at least Two (contracts within the last Five (5) years, each with a value of at least Five million, five hundred thousand USDollar (US$5.5m) “or equivalent”

The Addendum No. 1 to the Bidding Document, revised Bill of Quantities (BOQ), Project Background & objectives and Drawings shall be forwarded to you in due course.

The venue for the Bid Opening remains the Conference Hall of Immaculate Suites and Apartments, Plot 110, Adetokunbo Ademola Crescent, Wuse II, Abuja at 12:00 noon.

Address (1)
Engr. A. J. Ciroma
General Manager, PMU
Project Management Unit
7, Kampala Street, Wuse II,
Abuja 900288,
Tel: +234-9-8705449 & 8746421