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Tuesday, February 14, 2006
Cebu-based firm submits lowest bid, atP84M, for CICC
The bidding for the P100-million substructure of the Cebu International Convention Center (CICC) was held yesterday, with a Cebu-based contractor submitting the lowest bid.
Only five of the 10 pre-qualified contractors made it as three submitted letters of withdrawal, one failed to show up, while another did not meet technical requirements.
The Capitol is rushing the work on the center that will rise in Mandaue City, in time for the Asean summit this December.
Work on the substructure is targeted to start by end of this month.
WT Construction entered the lowest bid of P84,487,185.
But Capitol consultant Apollo Enriquez clarified that this does not mean yet that the project will be awarded to WT Construction, as the Capitol’s bids and awards committee (BAC) will still conduct a “post-evaluation process” that will include verification of all documents submitted.
The second lowest bid was from Manila-based contractor JD Legaspi Construction, at P89,777,777.77. However, JD Legaspi did not pass in the financial aspect of document submissions, as it lacked one item.
Withdrawal
Third lowest was the second Cebu-based contractor in the list, Young Builders Corp., at P94,400,419.24.
UKC Builders Inc. of Cagayan was fourth with its bid of P98,215,036.68, followed by Tokwing Construction with P99,648,091.46.
The three contractors that submitted letters of withdrawal cited time constraints in the submission of bid documents. The company that did not arrive yesterday did not send any notice or call to explain their absence.
Hilmarc Construction was supposed to be the sixth to bid, but it was disqualified for failing to submit documents for the technical aspect.
Enriquez disclosed that Hilmarc accepted their disqualification because all the rest of the contractors submitted the document that they lacked, and they also signed beforehand their acceptance of the list of requirements.
Verification
The BAC will evaluate the supporting documents of all bidders in the next two days, and then give the final result to Gov. Gwendolyn Garcia.
In the next two days, the BAC will be busy calling the banks to verify the companies’ credit lines, check with their clients on the veracity of their performance, and determine if the contractor will not be too busy with other projects, among other things.
“We hope to get a contractor that can focus on this project,” said Enriquez. (JPM)
For Bisaya stories from Cebu. Click here. (February 14, 2006 issue)
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