Lagos State Water Corporation Publication of Awarded Contracts - Contract for Network and Rehabilitation and Expansion of Network Construction in Service Area I - Lagos Island / lkoyi.

Publication of Awarded Contracts

Bid/Contract Description: Contract for Network and Rehabilitation and Expansion of Network Construction in Service Area I - Lagos Island / lkoyi.
Duration: 36 Months
Contract Signature Date 30/12/10

Awarded Bidder
Seg Mahsen & Co. Mg Lid, Lagos, Nigeria.
Bid Price at bid Opening: NGN 1,368,153,398.15
Final bid Price: NGN 1,401,758,356.00

Evaluated Bidder(s)
1.) Moreno-Marinas-Lagoon Plc/Co. GE.R. SPA. JV
Bid price at bid opening (NGN): 4,200,000,000.00
Bid price of evaluated (NGN): 3,885,669,388.39

2.) CGC Nigeria Ltd
Bid price at bid opening (NGN): 1,556,718,660.00
Bid price of evaluated (NGN): Bid price was not evaluated

3.) Forstech Nigeria Ltd
Bid price at bid opening (NGN): 1,212,305,345.00
Bid price of evaluated (NGN): 1,082,074,810.50

4.) UREN Construction & Engineering Co. Ltd
Bid price at bid opening (NGN): 1,087,260,756.18
Bid price of evaluated (NGN): 969,534,680.57

5.) Seg Mahsen & Company (Nig) Ltd, Nigeria
Bid price at bid opening (NGN): 1,368,153,398.15
Bid price of evaluated (NGN): 1,148,994,983.04

6.) Em-Plan Integrated Nigeria Ltd
Bid price at bid opening (NGN): 3,125,871,429.56
Bid price of evaluated (NGN): Bid price was not evaluated

7.) Shaukat Raza Pyt Ltd
Bid price at bid opening (NGN): 2,195,308,195.00
Bid price of evaluated (NGN): Bid price was not evaluated

8.) Petroline Global Solutions Ltd
Bid price at bid opening (NGN): 1,066,569,945.10
Bid price of evaluated (NGN): Bid price was not evaluated

9.) Unipunmps Nig. Ltd / Balaji JV
Bid price at bid opening (NGN): 2,057,908,545.00
Bid price of evaluated (NGN): Bid price was not evaluated

10.) Reynolds Construction Co. Ltd
Bid price at bid opening (NGN): 4,203,342,761.24
Bid price of evaluated (NGN): 3,886,951,076.53

11.) Techno Consult Engineering Services Ltd
Bid price at bid opening (NGN): 1,101,387,049,67
Bid price of evaluated (NGN): Bid price was not evaluated

12.) Zakhem Construction Nig. Ltd.
Bid price at bid opening (NGN): 2,380,515,127.33
Bid price of evaluated (NGN): Bid price was not evaluated

13.) Eldorado Nigeria Ltd
Bid price at bid opening (NGN): 4,234,498,675.00
Bid price of evaluated (NGN): Bid price was not evaluated

Rejected Bidder(s)
1.) Moreno-Maiinas-Lagoon Plc/Co. GE.R. SPA. JV
Bid price at bid opening (NGN): 4,200,000,000.00
Reason(s) for rejection: Highest bidder

2.) CGC Nigeria Ltd
Bid price at bid opening (NGN): 1,556,718,660.00
Reason(s) for rejection: Invalid Bid Security

3.) Forstech Nigeria Ltd
Bid price at bid opening (NGN): 1,212,305,345.00
Reason(s) for rejection: Inadequate (a) Average annual turnover (b) liquid assets and or access to credit facilities

4.) UREN Construction & Engineering Co. Ltd
Bid price at bid opening (NGN): 1,087,260,756.18
Reason(s) for rejection: Inadequate; (a) Average annual turnover (b) experience in similar works(c) Personnel Experience (d) Equipment

5.) Em-Plan Integrated Nigeria Ltd
Bid price at bid opening (NGN): 3,125,871,429.56
Reason(s) for rejection: In valid Bid Security

6.) Shaukat Raza Pyt Ltd
Bid price at bid opening (NGN): 2,195,308,195.00
Reason(s) for rejection: Legal existence of firm is not clear from documents provided

7.) Petroline Global Solutions Ltd
Bid price at bid opening (NGN): 1,066,569,945.10
Reason(s) for rejection: (a) Bid form not included (b) Power of Attorney not Included (c) No record of experience was included

8.) Unipunmps Nig. Ltd / Balaji JV
Bid price at bid opening (NGN): 2,057,908,545.00
Reason(s) for rejection: (a) Bid form not properly filled (b) Bid security not consisted with issued format (c) Joint venture agreement is expired

9.) Reynolds Construction Co. Ltd
Bid price at bid opening (NGN): 4,203,342,761.24
Reason(s) for rejection: 2nd Highest Bidder

10.) Techno Consult Engineering Services Ltd
Bid price at bid opening (NGN): 1,101,387,049,67
Reason(s) for rejection: Similar works experience was not included in the bid

11.) Zakhem Construction Nig. Ltd.
Bid price at bid opening (NGN): 2,380,515,127.33
Reason(s) for rejection: The bidder proposes to subcontract over 80% of the works which is against ITB 5.3j

12.) Eldorado Nigeria Ltd
Bid price at bid opening (NGN): 4,234,498,675.00
Reason(s) for rejection: (a) Invalid Bid Security (b) Record of similar works experience, Authority to seek bank reference and Work methodology/ program were not included in the bid