MRT raises target of contracts for bumis to RM9.145b for Sg Buloh-Kajang line

Mass Rapid Transit Corporation Sdn Bhd (MRT Corp) expects to raise the target of contracts worth for bumiputera contractors for the MRT Sungai Buloh-Kajang line to RM9.145 billion by year-end.

The earlier estimation was RM8.56 billion.

MRT Corp director of stakeholders and land relations Haris Fadzilah Hassan said contracts worth RM8.82 billion have been awarded to bumiputera contractors to date.

“This amounts to 45% of the total value of contracts awarded thus far, exceeding the initial 43% target,” he told a media briefing.

As of today, 53 work packages worth RM19.8 billion have been tendered out, with 22 work packages awarded to bumiputera contractors, he said.

“Another 32 packages are expected to be disbursed by year-end. The bumiputera portion is about RM321 million of the packages,” he added.

All bumiputera work packages are subjected to competitive bidding and bidders are given the same project information and evaluated on the same basis.

To win the awards, the companies have to satisfy stringent evaluation criteria. This is to ensure that companies with extensive experience and technical know-how are picked.

“All tenders go through a thorough evaluation process. Tender evaluations go through several stages starting with the Tender Evaluation Committee followed by the Working Committee and the One-Stop Technical Committee (OSTC). The final approval is given by the One-Stop Procurement Committee,” he explained.

Haris said the committees look at various factors including technical capabilities, track record and financial strength.

“Key to this is to find a fit that will ensure the project gets the best technical input from a capable contractor, while maintaining costs,” he added.

Haris said bumiputera contractors that have been awarded contracts in the Line 1 project, would be considered for the Line 2 and Line 3 projects.

Meanwhile, Haris said MRT Corp will award 250 work packages worth RM200 million for the bumiputera contractors class D,E, and F in 2015.

Source : theedgeproperty.com

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