Publication of Award of Contract for Procurement of Operational Vehicle

Publication of Award of Contract
Contract Description: Procurement of Operational Vehicle
Contract No: LAMATA/WB/NCB/GC/09/12
Duration: 90days
Date contract signed: December 12, 2012.

Preamble
The Lagos State Government has received a credit from the International Development Association toward the cost of Lagos Urban Transport Project (LUTP II), and has applied part of the proceeds of this Credit to payments under the Contract for Procurement of Operational Vehicles of Contract No LAMATA/WB/NCB/GC/LUTP 11/09/12.

LAMATA on October 30, 2012 placed an advertisement in the Punch and The Nation newspapers inviting eligible bidders to tender for the supply of eleven number operational vehicles. Subsequently, four firms bided and at the end of the closing time and date of 10am, November 29, 2012, all the four bids submitted were publicly opened.

The table below gives the summary of the four bids that were publicly opened and evaluated
Bidder: AT & S Investment Limited
Bid Price at Bid Opening (Naira): 116,214,040.00
Corrected Evaluated Price (Naira): 116,214,040.00
Result of Evaluation: Evaluated Bid Price higher than lowest bid

Bidder: Sum Nigeria Limited
Bid Price at Bid Opening (Naira): 125,037,360.00
Corrected Evaluated Price (Naira): 125,037,360.00
Result of Evaluation: Submitted no bid security

Bidder: Mutual Trust Enterprises
Bid Price at Bid Opening (Naira): 108,465,000.00
Corrected Evaluated Price (Naira): 108,465,000,00
Result of Evaluation: Submitted no bid security

Bidder: Piroh Investment Nigeria Limited/R.T. Briscoe (Nig) Plc
Bid Price at Bid Opening (Naira): 110,088,300.00
Corrected Evaluated Price (Naira): 95,816,000.00
Result of Evaluation: Lowest responsive bid (Recommended)

Signed
Engr. Abiodun Dabiri
Head of Procurement