Notification of Intention to Award

General info
Project Country: Suriname
Funding source: Islamic Development Bank (IsDB)
Executing Agency: Ministry of Education, Science and Culture
Project: Secondary and Technical Education Support (STES) Project
Loan No.: SUR0021/22/23
Bidding Name: The Complete Construction of the Secondary and Technical School Campusat
Hanover in the Para District.
Bidding ID: SUR0023/W18-02B (LOT 2)
Opening Date/Time: January 7, 2019/ 14:05 PM (local time)
Procurement Meth.: International Competitive Bidding in accordance with the Guidelines for
Procurement of Goods and Works Under the Islamic Development Bank
Financing, May 2009
Procurement Type: Works

Bids submitted by:

Name of the Bidder Read-out Bid Price
MTE Yapi Construction Company USD 20,456,376.38
Britestone Capital ltd. None1
Raghoebarsingh Constructie Maatschappij N.V. USD 17,647,294.84
1
Letter of Bid was not included

Bids Evaluated:
Name of the Bidder Read-out Bid Price
MTE Yapi Construction Company USD 20,456,376.38
Raghoebarsingh Constructie Maatschappij N.V. USD 17,647,294.84

Bids Rejected:
Name of the Bidder Reason for rejection
Britestone Capital ltd. Noncompliance with the Instructions to Bidders (ITB) 29.1 and
29.2.
Raghoebarsingh Constructie Noncompliance with the Instructions to Bidders (ITB) 36.1.
Maatschappij N.V.

Successful Bidder
Contractor name: MTE Yapi Construction Company
Country of Awarded Bidder: Turkey
Contract amount: USD 20,519,442.93
Contract Duration: 12 months
Summary Scope: The complete construction of a Secondary and Technical School Campus at Hanover in the
District Para consisting of three School buildings, sixteen Shelters and other facilities such as: Deanery,
Utility Building, Cafeteria, Residential Units, Campus Mall, Guard Houses and Sport Facilities.

Contact Info
Attention: Project Management Unit/Secondary and Technical Education Support (STES) project
Street Address: Rode Kruislaan 11A
City: Paramaribo
Country: Republic of Suriname
Telephone: (+597) 499-808
Electronic mail address: procurement.tvetstes.project@gmail.com