The Government of the Republic of Nicaragua has received a loan of Seventy million five hundred ninety thousand US dollars (USD 70,590,000) from the Export-Import Bank of Korea from the resources of the Economic Development Corporation Fund (EDCF), for the Construction of the Bypass Managua Project (Ticuantepe-Santo Domingo-San Judas-Nejapa) and intends to apply a portion of the proceeds of this loan to payments under the contract for Construction of Bypass Managua Project (Ticuantepe-Santo Domingo-San Judas-Nejapa).
The Project Executing Agency invites eligible bidders from the Republic of Korea for the construction of a four-lane roadway with asphalt concrete pavement (15.38km) from Ticuantepe to Nejapa with 2 major intersections including seven 7 bridges, drainage and slope protection structures.
Bidding will be conducted through competitive bidding among Korean companies and single stage, two envelope (without prequalification) procedures specified in the Guideline for Procurement under EDCF Loans, and is open to eligible bidders only from the Republic of Korea that meet the following minimum qualification criteria.
Specific experience in construction:
- Construction of Asphalt Concrete Pavement roadway with a four 4 lane width and 12 kilometers stretch or equivalent, with a total area of 86,400m² of asphalt in a single project.
- Construction of all types of bridges with 4-lane and a total length of 290 meters or equivalent with a collective minimum area of 5,510 m² in a single project.
- Construction of at least one project in Oversea with a minimum value of USD 26 million.
Financial Resources:
- The bidders shall have an average annual construction turnover of USD 35 million calculated as total certified payments received for contracts in progress or completed, within the last 5 years.
- Requirement of cash flow shall be USD 9 million.
- Eligible interested bidders may only download a complete set of bidding documents through the linked website upon submission of a written request and payment of a non-refundable fee in the amount of USD 200.
Deadline for the submission of bids: November 12th, 2020.
Estimated cost of investment: USD 70,590,000.00
Managing Partner
García & Bodán
Managua