TNAG-2409-FCO40-3503-Hong-Kong-Port-and-Airport-Development-Strategy-(PADS)-Brit-1992 — Page 217

KONG.

WED V6 TIAY 92 17:34

DRAFT

PG.11

"The

Central Tender Board is

satisfied

that

the

consortium

the Tsing Ma

internalionai

is best placed among the tenderers to undertake

contract. It will bring to Hong Kong the

construction expertise needed at the moST

--

nost ellective

price

and

with

the greatest assurance ef

project completion on time.

have not accepted the lowest tender or 34.

by Hyundai Engineering and Construction Co LE

primarily because Hyundai has not been able to me! STandard requirements for working and employed capital.

"We

fair

assessment

included the

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

scrupulously

has which

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

time to the standards we require.

(11

This assessment procedure has made the Anglo-Japanese consortium the clear winner over the third lowest tomderer, Kong International Consortium whose tender price

the

Hong

was $7,363m.:

"

Fixed

fourth

Crossing

tender came from the all-Japanese Lantau

International and was Che

highest