What each bidder submitted for SINPF’s new office complex
SEVEN companies including two local firms competed for Solomon Islands National Provident Fund (SINPF) multi-million-dollar office complex project.
The building is to be built in the city’s Central Business District (CBD) at Point Cruz, tender documents show.
AJ Construction Ltd will build the Office Complex after its $81 million-plus bid or USD9.6 million was accepted, tender documents show.
The seven companies that submitted bids are:
- China Railway Construction Engineering (CRCEG) Company Ltd;
- TGB
- AJ Enterprises Ltd;
- ZYG Trading Ltd;
- JQY Construction Ltd;
- China Harbour; and
- HATANGA [BY GROUP]
Although relatively new in the building industry, the Hatanga (by Group) bid was the highest in terms of price. It is one of two local companies that took part in the tender for the project.
Hatanga (by Group) put in a quote of $122, 464,291 or (USD14,524,264.91 – the highest bid. TGB is the other local company which submitted SBD78,941,159.37 [USD9,362,421.50] as its bid, the tender documents show.
Bids by the rest of the group are as follow:
- China Railway Construction Engineering (CRCEG) Company Ltd SBD70, 977, 014.00 (about USD 8, 417, 873.86);
- AJ Enterprises Ltd’s bid is SBD81,311,724.24 (USD9,643,570.49);
- ZYG Trading Ltd put in at SBD88,102,652.61 (USD10,448,974.72;
- JQY Construction Ltd’s price was SBD89,200,885.83;
- China Harbour quoted at SBD89,806,222.29 (USD10, 651, 017.96)
By Alfred Sasako