Latest update September 7th, 2026 10:50 AM
Feb 11, 2015 News
Under the Ministry of Education billion-dollar bids were tendered for the procurement of contractors for civil works at the University of Guyana (UG). The bid was divided into two lots. Lot (1) Faculties of Agriculture and Forestry and Technology; Lot (2) Faculty of Natural Science and School of Earth and Environment Sciences.
The bids were opened yesterday at the National Procurement and Tender Administration Board (NPTAB), Main and Urquhart Streets.
| Bidder | Amount |
| Kares Engineering Inc. | Lot (1) $516.1M
Lot (2) $684.5M (Discounts of 5% offered for both lots) |
| Correia and Correia Ltd | Lot (1) $735.3M
Lot (2) $1B (Billion) VAT Inclusive |
| China Railway First Group Company Ltd | Lot (1) $1B
Lot (2) $1.3B |
| Nabi Construction Inc. | Lot 1&2 $1.2B Vat Inclusive |
| R Bassoo and Sons Construction Company | Lot (1) $484.8M
Lot (2) $671.5M |
| Engineer’s Estimate | Lot (1) $357M
Lot (2) $515.8M |
Still, within the same sector, bids were submitted for the procurement of laboratory equipment for the University of Guyana.
| Bidder | Amount |
| South Caribbean Distributors | Lot (9) US$ 37, 785 |
| Sotex International of the UK | Lot (1) £ 260,567
Lot (2 )£ 52,587 |
| Agro Tech of Rome | Lot (5) US $180,773 |
| Netcom Computer City | Lots 1,2,4,5,6,7,8 & 9 $288.2M |
| Thromaspec Ltd of Trinidad | Lot (1) US$439,361
Lot (4) US$ 11,554 Lot (5) US$ 39,230 Lot (8) US$ 20,582 |
| IPA of Guyana | Lot (1) $113.7M
Lot (5)$35.5M Lot (9)$ 6.8M |
| Technocom Investment | Lot (6) US $178,650
Lot (7 ) US $178,850 Lot (9) US $74,823 |
| R Bassoo and Sons Construction Co | Lot (1) $193.4M
Lot (2) $19.2M Lot (4) $17.4M |
| Western Scientific Company of Trinidad | Lot (1)US $488,391
Lot (2)US $287,518 Lot (3)US $55,841 Lot (6)US $175,236 Lot (7)US $105,930 Lot (8)US $33, 347 Lot (9)US $83,351 VAT and Duty Exclusive |
| Meditron Scientific Sales | Lot (1)$133.5M
Lot (2)$5.3M Lot (3)$1.6M Lot (4)$10.2M Lot (5)$68.2M Lot (6 )$5.6M Lot (7)$4.8M Lot (8)$ 2.1M Lot (9)$ 5.7M |
| Analogic Solutions of Trinidad | Lot (1)US$50,476
Lot (4) US$ 116,546 Lot (5) US$ 115,620 Lot (7) US$38,686 |
| CEDI Europe of Netherland | Lot (1)US$634,356
Lot (2)US$ 161,772 Lot (3)US$ 119,387 Lot (4) US$137,166 Lot (5) US$228,144 Lot (7) US$153,752 Lot (8) US$85,170 Lot (9) US$84,248 |
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