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164015 MDHIAN 3006 ·
LOWEST ACCEPTABLE TENDER.
4.
TENDERS FROM TWO OTHER PREQUALIFIED CONSORTIA, THE HONG KONG INTERNATIONAL CONSORTIUM (FRENCH-LED) AND THE LANTAU FIXED CROSSING INTERNATIONAL CAN ALL-JAPANESE CONSORTIUM) WERE BOTH TECHNICALLY SOUND. HOWEVER, THE FORMER'S TENDER PRICE EXCEEDED
THAT OF THE ANGLO-JAPANESE CONSORTIUM BY SOME HK DOLLARS 219 MILLION: AND THE LATTER'S BY SOME HONG KONG DOLLARS 3,816 MILLION.
5.
IN REACHING ITS DECISION THE CENTRAL TENDER BOARD APPLIED
THE SAME SET OF ASSESSMENT CRITERIA TO ALL TENDERERS. ALL FOUR CONSORTIA PROPOSED TO PULL TOGETHER INTERNATIONAL EXPERTISE FOR
THE CONTRACT EITHER AS CONSORTIUM MEMBERS OR PRINCIPAL SUB CONTRACTORS.
6.
WE EXPECT SOME CRITICISM OF THE CTB'S DECISION, SINCE THE CONTRACT HAS NOT GONE TO THE LOWEST BIDDER. IN RESPONSE TO ANY QUERIES POSTS MAY WISH TO DRAW ON THE FOLLOWING BACKGROUND, WHICH FOCUSES PARTICULARLY ON THE REASONS WHY HYUNDAI'S BID WAS NOT ACCEPTED.
BACKGROUND
7.
THE TSING MA BRIDGE WILL BE ONE OF THE WORLD'S LONGEST SUSPENSION BRIDGES, WITH A CENTRAL SPAN OF 1,377 METRES. (C.F HUMBER 1,410 METRES OR GOLDEN GATE 1,280 METERS). IT IS THE FIRST AND BIGGEST OF THE FIVE MAJOR CONTRACTS TO BE LET FOR THE LANTAU FIXED CROSSING, WHICH IS A CRUCIAL SECTION OF THE ROAD AND RAIL LINKS TO THE NEW CHEK LAP KOK AIRPORT. WORK IS EXPECTED TO START BY THE END OF MAY 1992 AND IS SCHEDULED FOR COMPLETION WITHIN FIVE YEARS.
8.
THE AUTHORITY FOR THE AWARD OF THIS TYPE OF CONTACT RESTS WITH THE CENTRAL TENDER BOARD (CTB). THE CTB IS CHAIRED BY THE SECRETARY FOR THE TREASURY. OTHER BOARD MEMBERS INCLUDE THE SECRETARY FOR WORKS, THE DIRECTOR OF GOVERNMENT SUPPLIES AND A LEGAL COUNSEL FROM THE ATTORNEY GENERAL'S CHAMBERS.
9.
THE CTB WAS ADVISED BY A TENDER ASSESSMENT TEAM (TAT), THE TAT WAS SPLIT INTO SUB-GROUPS DEALING WITH TECHNICAL, LEGAL AND FINANCIAL ISSUES. THE TEAM CARRIED OUT MANY HOURS OF INTERVIEWS WITH ALL PREQUALIFIED TENDERERS TO CLARIFY DETAILS OF THEIR PROPOSALS. EACH TENDERER WAS GIVEN THE OPPORTUNITY TO PRESENT
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