15.01.2014

Contract Award Notification

Project Name: Kakheti Regional Roads Improvement Project

The project implementing Agency: Roads Department of the Ministry of Regional Development and Infrastructure of Georgia

Country: Georgia

Project Number: P117152

Bid/Contract Reference No: KRRIP/CW/ICB-04 

Scope of Contract: Design – Build and Transfer of Sasadilo – Sioni Road Rehabilitation under Output- and Performance-based Road Contracting Methodology

Duration of Contract: 17 months

Evaluation Currency: Georgian Lari

Evaluated Bidder(s)

Name: “Caucasus Road Project” Ltd

Address:  44 Leselidze Str, 0105 Tbilisi, Georgia

Bid price at bid opening:  8,899,542.06; 11% discount – 7,920,592.43 Gel (including VAT)

Evaluated bid price: 7,920,592.43 Gel

Name: JV “Roads Construction Administration” No.1 Ltd./Serpantini” Ltd

Address: Roads Construction Administration No.1 Ltd. – 2km Shindisi road, Gori, Georgia

Serpantini Ltd –Paliashvili st. N 27, Telavi

Bid price at bid opening: 10,249,710.95 Gel (including VAT)

Evaluated bid price: 10, 249,710.95 Gel

Name: “CHINA RAILWAY No.5 ENGINEERING GROUP“ Co. Ltd

Address: :  No.23 of Zaoshan Road, Guiyang City, Guizhou Province, China

Bid price at bid opening: 16,211,252.29 Gel (including  VAT)

Evaluated bid price: 16, 211,252.29 Gel

Name: “JAHANPARS Engineering & Construction”

Address: Jahanpars House, No.06, West 20^th Alley, North Allameh Ave., Saadat Abad Blvd.,Tehran 1997077613, Iran

Bid price at bid opening: 16,279,801.00 Gel (including VAT)

Evaluated bid price: 16,279,800.35 Gel

Name: “Ceinsa  Contratas  Ingenieria” S.A (EUROFINSA GROUP)

Address: Paseo de la Castellana,  91, floor 11, 28046, Madrid, Spain

Bid price at bid opening: 17,110,477.31 Gel (including VAT)

Evaluated bid price: 17,110,477.20 Gel

Awarded Bidder

Name: “Caucasus Road Project” Ltd.

Address:  44 Leselidze Str, 0105 Tbilisi, Georgia

Bid price at bid opening:  8,899,542.06; 11% discount – 7,920,592.43 Gel (including VAT)

Evaluated bid price: 7,920,592.43 Gel

Contract Price: 7,920,592.43 Gel

Rejected Bidder(s)

Name:  JV “FIN-ESTATE “ Ltd./”ZIMO “ Ltd./ ”ARCPRO “ Ltd.

Address: FIN-ESTATE  Ltd –29a Batumi street, Tbilisi, Georgia

ZIMO “ Ltd.- 25b, Mitskevich street, Tbilisi 0160, Georgia

”ARCPRO “ Ltd. – 20 Godziashvili Street, Tbilisi, Georgia

Bid price at bid opening: 7,743,150.66 Gel (including VAT)

Reason(s) for rejection: Incorrect Bid Security

Name: JV “TSEKURI” Ltd./ “Projecting, Building, Expertise” Ltd.

Address: TSEKURI Ltd.  - Khizambareli st. N1, Tbilisi, Georgia

Projecting, Building, Expertise Ltd – Tchovelidze st. N20, Tbilisi, Georgia

Bid price at bid opening: 9,482,709.99 Gel (including VAT)

Reason(s) for rejection: Incorrect Bid Security

Name: “Company Black Sea Group” Ltd.

Address: 71 Vazha Pshavela Ave., Tbilisi, Georgia

Bid price at bid opening: 9,888,888.89 Gel (including VAT)

Reason(s) for rejection: Incorrect Breakdown of Price