TNAG-0424-FCO40-470-Construction-of-an-underground-railway-system-in-Hong-Kong-1973 — Page 269

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REQUIREMENTS TO BE MET FOR A SINGLE CONTRACT ARRANGEMENT FOR THE

MASS TRANSIT RAILWAY

Steering Group's Requirement

ANNEX F to XCS(73)8

Present Indications (as at 20th July 1973)

Japanese

Italian

A/F/G

British

I.

Consortium's Organisation

(a)

The consortium must have proven capability to undertake the project.

Yes

Yes

Yes

Yes

(b) The consortium must have capability to undertake detailed design based on the overall systems specification laid down by the client.

Yes

Yes

Yes

Not for civil works

(c) Project management must be provided.

Yes

Yes

Yes

(a)

The consortium must provide export credit type finance.

Yes

Yes

Yes (but

Yes

Yes

(e) The client should be free to choose its financial

management/advice in respect of market finance.

(f)

The consortium's members should have experience of consortium-type operations.

Yes

Yes

Yes

Yes (Inter-

metro has been in existence for 5 years)

possibly fragmented on

a national basis)

Yes

Yes (so far as is known)

Must include Lazards (?)

Yes (so far as is known)

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