Vietnam Electricity has made decision to approve the result of contractor selection for Package No.10 under Vinh Tan 4 Thermal Power Plant Extension Project. Accordingly, the Joint Venture of Duong Dong Sai Gon Joint Stock Company - Long Hung Trading and Services Company Limited (abbreviated as Duong Dong Sai Gon - Long Hung) has won the contract, with the awarded price of over VND 411 billion.
Bid Package No.10: Supply of 0.05S diesel for testing and commissioning Vinh Tan 4 Thermal Power Plant Extension project has the budgeted price of VND 442,999 million, the bidding document was issued online (E-HSMT) from 11:00 pm on October 29, 2018 until 9:00 pm on November 29, 2018. This package was bid in accordance with national competitive bidding procedures, in the form of one-stage two-envelop, with a bid bond value of VND 12 billion.
Vinh Tan Thermal Power Project Management Board said that there were 3 bidders submitting bids online, including: Vung Tau Petroleum Joint Stock Company, Saigon Petroleum Joint Stock Company, Duong Dong Sai Gon - Long Hung Joint Venture.
Through the evaluation process of these bid documents, two bidders passed the technical evaluation, including: Vung Tau Petroleum Joint Stock Company and Duong Dong Sai Gon - Long Hung Joint Venture. Saigon Petroleum Joint Stock Company was rejected because it did not meet requirements of eligibility, capabilities and experience for bidders.
According to the Minutes of opening financial proposals, Duong Dong Sai Gon - Long Hung Joint Venture offered a bid price of VND 411,374 million and was the bidder with the lowest bid price, Vung Tau Petroleum Joint Stock Company offered a bid price of VND 412,137 million. Neither of bidders offered bid price discounts; the contract durations were both proposed as 12 months.
According to EVN's Decision on approving contractor selection results, Duong Dong Sai Gon - Long Hung Joint Venture won the bid with the awarded price of VND 411,374 million (VND 31,625 million (7.1%) lower than the budgeted one); the contract duration was 11 months (1 month shorter than the original proposal of the bidder).
Mr. Huynh Ngoc Hung, a procurement officer of Vinh Tan Thermal Power Project Management Board, said that currently the winning bidder has signed the contract and is in the process of performing the Bid Package.