Lagos State Water Corporation Publication of Awarded Contracts - Construction of New Treatment Plant Iponri

Publication of Awarded Contracts

Bid/Contract Description: Construction of New Treatment Plant Iponri
Duration: 36 Months
Contract Signature Date: 10/12/1 0

Awarded Bidder(s)
CGC Ltd, China
Bid Price at bid opening: NGN337,879,870.57
Final Bid Price: NGN337,879,870.57

Evaluated Bidder(s)
1.) CGC Nigeria Ltd, China 
Bid Price at bid opening (NGN): 337,879,870.57
Bid Price of Evaluated (NGN): 337,879,870.57

2.) SEG. MAHSEN & Co. (Nig) Limited
Bid Price at bid opening (NGN): 426,226,845.00
Bid Price of Evaluated (NGN): 398,126,845.00

3.) HYDRO Construction & Engineering Ltd
Bid Price at bid opening (NGN): 203,133,177.50
Bid Price of Evaluated (NGN): 175,033,177.50

4.) NASTON Engineering Nigeria Ltd
Bid Price at bid opening (NGN): 211,928,842.43
Bid Price of Evaluated (NGN): 179,232,821.37

5.) Rasio Technical Services Limited
Bid Price at bid opening (NGN): 289,386,361.50
Bid Price of Evaluated (NGN): 289,386,361.50

6.) MORPOL Engineering Services Ltd
Bid Price at bid opening (NGN): 409,778,698.12
Bid Price of Evaluated (NGN): 379,818,141.62

Rejected Bidder(s)
1.) SEG. MAHSEN & Co. (Nig) Limited
Bid Price at bid opening (NGN): 426,226,845.00
Reason(s) for Rejection: highest bid and was not post qualified

2.) HYDRO Construction & Engineering Nig 
Bid Price at bid opening (NGN): 203,133,177.50
Reason(s) for Rejection: Questionable poor performance experience and tack of adequate requirement of work of similar nature and complexity; proposed inadequate moot construction equipment as required; Inadequate working capital

3.) NASTON Engineering Nig. Limited
Bid Price at bid opening (NGN): 211,928,842.43
Reason(s) for Rejection: Inadequate average annual construction turnover; Bidder did not meet the requirement for Project Personnel as required

4.) Rasio Technical Services Limited
Bid Price at bid opening (NGN): 289,386,361.50
Reason(s) for Rejection: Inadequate Capacity for Average Annual Construction Turnover; Bidder also presented different audited reports for the same period of bid; Inadequate work experience; Inadequate experienced key Project Personnel as required

5.) MORPOL Engineering Services Ltd
Bid Price at bid opening (NGN): 409,778,698.12
Reason(s) for Rejection: was ranked 5th by price and higher than the Bid that was accepted for award