TNAG-2409-FCO40-3503-Hong-Kong-Port-and-Airport-Development-Strategy-(PADS)-Brit-1992 — Page 84

UK.REPJLG HONG KONG.

THU 07 MAY 92 15:30

PG.19

"The

Central

DRAFT

Tender

Board is satisfied

that.

consortium

tha

Tsing

is best placed among the tenderers to undertake

Ma contract. It will bring to Hong Kong the

expertise needed at. the mo⠀

brado poroda tional construction

cost-effective price and

project completion on time.

with

have not accepted the

the greatest assurance UT

lowest tender of $1,7LUM

by Hyundai Engineering and Construction (a Iri. primarily because Hyundai has not been able to meet our standard requirements for working and employed capital.

"We have accepted the second lowest tender, from the Anglo-Japanese consortium, on the basis of a stringent and scrupulously fair assessment which has included t.he

tonderers' prices, their experience in suspension bridge construction, and their ability to complete the contract on Lime to the standards we require.

翼

5 Assessment procedure has made the Anglo-Japanese consortium the clear winner over the third lowest tenderer, International Consortium whose tender prive

the

Hong

Kong

was $7,363m..

fourth

Crossing

tender came from the all-Japanese Tantal

and was the

International

highest