Big savings from competitive bidding packages

 The attraction of many bidders to participate in each bidding package demonstrates transparency in bidding activities, increasing economic efficiency for investment projects. In fact, the recent selection of contractors shows that the bidding packages that attract many bidders to participate, are highly competitive, the savings rate is quite impressive.

The attraction of many bidders to participate in each bidding package demonstrates transparency in bidding activities, increasing economic efficiency for investment projects. Photos are for illustrative purposes only.

The Southern Power Works Project Management Board recently announced the results of selecting the contractor of Package No. 23 Supplying and transporting conductors and lightning protection wires for the connection line of the Nam Can 220 kV Substation Project and the 220 kV Nam Can – Ca Mau 2 transmission line. Dai Long Trading Manufacturing Electric Wire and Cable Co., ltd won the bid for VND 89,056 billion (package price of VND 94,037 billion), achieving a saving rate of 5.3%.

In this package, Dai Long Trading Manufacturing Electric Wire and Cable Co., ltd has surpassed 5 competitors, including 3 competitors at the financial evaluation step, including: Thinh Phat Power Cable Joint Stock Company (bid price of VND 90,748 billion), Vietnam Power Cable Joint Stock Company (bid price of VND 91,295 billion) and LS-Vina Power Cable and System Joint Stock Company (price bid 93,318 billion VND).

On April 17, 4, Military Industry and Telecommunications Group (Viettel) announced the results of selecting a contractor for the 2023-port multi-band antenna procurement package of the Project to enhance coverage and serve the conversion of 12G technology to 3G in the North/Central/South region in 4. Viettel Equipment Manufacturing Corporation Co., Ltd. won the bid for VND 2022,55 billion (package price of VND 758,77 billion), achieving a saving rate of 998.28%.

In the above package, Viettel Equipment Manufacturing Co., Ltd. surpassed 2 competitors including: Viet Vuong Telecommunications Trading and Service Joint Stock Company (bid price of VND 58,315 billion) and International Investment and Trade Telecommunications Joint Stock Company (bid price of VND 58,971 billion).

In Package No. 05, the entire volume of the project of construction, installation and operation of automatic monitoring stations in Binh Dinh province is invested by the Project Management Board for the construction of civil and industrial works of Binh Dinh province, the Joint Venture of Viet An Environmental Engineering Joint Stock Company – Tran Nguyen Environmental Technology Co., Ltd. won the bid for VND 31,177 billion (package price of VND 37,189 billion), achieving a saving rate of 16.16%. Viet An – Tran Nguyen Joint Venture has surpassed 2 competitors, including the Joint Venture of Tan Phat Technology Trading & Service Co., Ltd. – MECIE Chemical Industry Machinery and Equipment Co., Ltd. – D&L Technology Integration and Consulting Joint Stock Company at the technical step and the type of Joint Venture of Industrial Equipment and Environmental Technology Joint Stock Company Deahan – Seiki Trading and Manufacturing Joint Stock Company (bid price of VND 32.71 billion) at the financial evaluation step.

At Package 10 Supply, transportation and installation of 110kV MBA of Yen Binh 8 110 kV Transmission Line and TBA Project, Thai Nguyen province invited by Thai Nguyen Power Company, Dong Anh Electrical Equipment Corporation won the bid for VND 30,696 billion (package price VND 32,352 billion), achieved a savings rate of 5.1%. This package attracted 3 competing bidders, all passed the technical evaluation step and were opened for financial proposals. In which, the bid price of Cam Pha Electrical Equipment Joint Stock Company is VND 31,647 billion; of Dong Anh Electrical Equipment Manufacturing Joint Stock Company is VND 35.58 billion.

Sharing with reporters of the Bidding Newspaper, Mr. Ngo Gia Cuong, Director of Vietnam Valuation and Assessment Co., Ltd., assessed that the fact that a bidding package attracts many bidders to participate proves that the bidding dossier is “open”, especially in the case of many bidders opening financial proposals. This means that the bidding packages are built on real demand, are highly feasible and do not restrict competition.

TS. Nguyen Viet Hung, a procurement expert, said that bidding packages that attract many bidders to participate are a positive signal, a fact proving the process of making bidding documents, organizing transparent bidding, creating opportunities for bidders to compete, thereby bringing economic efficiency to public procurement activities.

Source : Báo đầu tư