Award Notice

Project Name:2879/2880-GEO: Sustainable Urban and Transport Investment ProgramTranche 2

Implementing Agency: MUNICIPAL DEVELOPMENT FUND OF GEORGIA

Bid/Contract Reference No:P42414-SUTIP2-ICB-1.03-2013

Scope of Contract: Modernization of Tbilisi-Rustavi Section of the Tbilisi-Red Bridge (Azerbaijani Border) Road (Section 1 and Section 3)

Duration of Contract: 510 days.

Evaluation Currency: GEL (Georgian Lari).

Names of bidders submitted bids

Bidder # / Bidder name / Country
1 / Strabag A.G / Austria
2 / JV Polat Yol Yapi Sanayive Ticaret A.S. & HEC / Turkey/Turkey
3 / Farrin Yol Yapi Insaat San ve Tic. Ltd.Sti / Turkey
4 / China Harbor Engineering Company Ltd / China
5 / China Railway 23rd Bureau Group Co., Ltd / China
6 / Jiangsu Jialong Engineering Construction Co., Ltd / China
7 / Ultra Construction and Engineering Co., Ltd / Korea
8 / Sinohydro Corporation Ltd / China
9 / China Railway #5 Engineering Group Co., Ltd / China
10 / JV Ceddex and Ceinsa / Spain
11 / OJSC Akkord Industry Construction Investment Corporation / Azerbaijan
12 / JV Caucasus Road Project Ltd, Company Black Sea Group Ltd, K-Dorstroy / Georgia/Kazakhstan
13 / Tuba Muhendislikve Ticaret Limited / Turkey
14 / JV Fermak Inshaat Taahhut A.S. and Ozce Insaat Sanayive TicaretSti / Turkey

Awarded Bidder

Name: Sinohydro Corporation Limited (China)

Bid price at bid opening: GEL 91,980,469.63 with discount of 3.5% out of total Bid Price

Evaluated Bid Price: GEL 88,761,128.95

Contract Price: GEL 88,761,128.95

Evaluated Bidders

Name: Strabag A.G (Austria)

Bid price at bid opening: GEL 99,753,655.00

Evaluated bid price: GEL 99,752,830.18

Name: China Harbor Engineering Company Ltd (China)

Bid price at bid opening: GEL 98,971,692.88

Evaluated bid price: GEL 98,971,687.59

Name: China Railway 23rd Bureau Group Co., Ltd (China)

Bid price at bid opening: GEL 92,895,665.47

Evaluated bid price: GEL 92,895,666.16

Name: China Railway #5 Engineering Group Co., Ltd (China)

Bid price at bid opening: GEL 98,365,702.78

Evaluated bid price: GEL 98,365,702.75

Name: Joint Venture of Ceddex and Ceinsa (Spain)

Bid price at bid opening: GEL 89,890,390.85

Evaluated bid price: GEL 89,903,420.64

Rejected Bidders

Name: OJSC Akkord Industry Construction Investment Corporation (Azerbaijan)

Bid price at bid opening:GEL 79,585,613.27

Evaluated bid price: GEL 79,585,591.98

Reason for rejection: The bidder does not meet qualification criteria.

Name: Joint Venture of Polat Yol Yapi Sanayive Ticaret A.S. & HEC (Turkey)

Bid price at bid opening: GEL 80,213,883.78 excluding VAT

Reason for rejection: Power of Attorneywas issued only by Polat and Bid Security was submitted on behalf of single entity.

Name: Farrin Yol Yapi Insaat San ve Tic. Ltd.Sti (Turkey)

Bid price at bid opening: GEL 156,697,878.23

Reason for rejection: The bidder submitted Bid Security Declaration instead of Bid Security (Bank Guarantee).

Name: Jiangsu Jialong Engineering Construction Co., Ltd (China)

Bid price at bid opening: GEL 89,586,511.61

Reason for rejection: Bid security was considered invalid.

Name: Ultra Construction and Engineering Co., Ltd (Korea)

Bid price at bid opening: Price was not read out.

Reason for rejection: Price was not indicated in the letter of bid.

Name: Joint Venture of Caucasus Road Project Ltd, Company Black Sea Group Ltd, K-Dorstroy (Georgia/Kazakhstan)

Bid price at bid opening: GEL 95,920,700.84with discount of 8% out of total Bid Price

Reason for rejection:Bid Validity was not indicated in the letter of bid.

Name: Tuba Muhendislikve Ticaret Limited (Turkey)

Bid price at bid opening: GEL 82,481,119.00

Reason for rejection: Bid Security was submitted from Insurance Company. Also, Power Attorney did not comply with requirements.

Name: Joint Venture of Fermak Inshaat Taahhut A.S. and Ozce Insaat Sanayive TicaretSti (Turkey)

Bid price at bid opening: GEL 101,045,590.01

Reason for rejection: JV Agreement was signed by Ozce and stamped by another partner, (signature was missing). Also, Bid Security was submitted on behalf of OZEC inshaat instead of Joint Venture.