TNAG-2409-FCO40-3503-Hong-Kong-Port-and-Airport-Development-Strategy-(PADS)-Brit-1992 — Page 194

WED 6 MIHY 92 17:34

DRAFT

PG.11

Central Tender Board is

he

consortium

the Tsing Ma

international

satisfied

that

10

is best placed among the tenderers to undertako

contract. It will bring to Hong Kong the

construction

needed At the woST

expertise

the greatest assurance

flective price and with

project completion on time.

have not accepted the lowest tender DI

by Hyundai Engineering and Construction to

because Hyundai has ποτ been able to mogt standard requirements for working and employed capital.

fair

included

I

the

"We have accepted the second lowest tender, from the Anglo-Japanese consortium, on the basis of a stringent and

scrupulously

assessment which has

tenderers' prices, their experience in suspension bridge construction, and their ability to complete the contract on

time to the standards we require.

This assessment procedure has made the Anglo-Japanese the clear winner over the third lowest tenderer,

International Consortium whose tender price

consortium

the Hong Kong

was $7,363m.;

fourth

Crossing

10

tender came from the all-Japanese Lantau

International and was the

highest