Bids opened for rehabilitation of East Ruimveldt Market

Jul 07, 2026 News

(Kaieteur News) – Thirty-two contractors have submitted bids for the rehabilitation of the East Ruimveldt Market, a project being executed through the Ministry of Local Government and Regional Development.

The project is divided into five lots and forms part of an $18 billion budget allocated for market upgrades nationwide this year. East Ruimveldt is among the markets slated for rehabilitation under this programme.

Plans to upgrade the facility were first announced in February, following a walkthrough by Minister Priya Manickchand and her team. During that engagement, vendors raised several concerns affecting their daily operations, including structural deficiencies, poor sanitation, inadequate drainage, and the general need for a safer, more comfortable business environment.

Minister Manickchand assured vendors at the time that their concerns would be addressed as part of the government’s wider effort to modernise markets across the country.

She emphasised that markets are critical economic hubs, sustaining hundreds of families’ livelihoods while giving residents access to fresh produce and goods. Planned works for East Ruimveldt include improvements to infrastructure and sanitation facilities, drainage upgrades, and the creation of a more organised, resilient space for both vendors and customers.

Ministry of Public Works

Consultancy Services for Comprehensive Road Safety Assessments, Studies & Capacity Building (financial).

Bidder

Amount Tendered

I.T Transport Limited, SRKN’gineering & Associates Limited, Kazakh Scientific Research Institute of Road Traffic Agency (J.V)

US $1,178,160

Fred Engineering SRL, Sizwe Jackson Consultancy Service (J.V)

US $1,634,400

US $228,816 (Indirect Local Taxes)

Ministry of Local Government and Regional Development

Rehabilitation of East Ruimveldt Market Lots 1-5.

Bidder	Amount Tendered
Tenacity Investments	Lot1 $136,079,900 Lot2 $109,119,400 Lot3 $109,349,400 Lot4 $108,167,400
Triple Z Contracting Services	Lot1 $136,249,400 Lot2 $109,259,400 Lot3 $109,491,400 Lot4 $108,202,900
Value Construction Investment & Marketing	Lot5 $168,568,800
I.Khan Contracting Services	Lot1 $136,179,000 Lot2 $107,508,200 Lot3 $107,427,200 Lot4 $106,309,200 Lot5 $74,186,400
MAEC Enterprises	Lot1 $135,801,700 Lot2 $108,838,300 Lot3 $107,643,800 Lot4 $105,683,500 Lot5 $73,087,400
Angad Ganesh Building & General Construction	Lot1 $152,000,000 Lot2 $123,000,000 Lot3 $123,000,000 Lot4 $122,000,000 Lot5 $93,000,000
JK Enterprise Inc	Lot1 $135,000,000 Lot2 $110,000,000 Lot3 $108,000,000 Lot4 $107,000,000 Lot1 $79,000,000
Empress General Service	Lot1 $155,901,500 Lot2 $136,590,000 Lot3 $15,568,000 Lot4 $134,632,000 Lot5 $88,794,780
Global Builders Engineering Inc.	Lot1 $194,869,400 Lot2 $142,920,200 Lot3 $140,595,100 Lot4 $150,137,600 Lot5 $77,680,000
Westbrook Caribbean Inc	Lot1 $144,016,750 Lot2 $117,549,600 Lot3 $115,624,000 Lot4 $112,581,000 Lot5 $118,795,500
Kraft Innovation Momentum Inc	Lot1 $194,869,400
A&K Construction & Maintenance Services	Lot1 $180,504,400 Lot2 $137,085,500 Lot3 $150,880,400 Lot4 $148,160,000 Lot5 $101,432,400
Tajkumar Construction Services	Lot1 $186,730,800 Lot2 $152,367,500 Lot3 $152,527,500 Lot4 $152,533,000 Lot5 $114,128,100
Eco Build Development	Lot1 $125,107,500 Lot2 $100,442,700
D. Chowkai & Sons Construction	Lot1 $173,009,300 Lot2 $151,417,000 Lot3 $141,751,000 Lot4 $140,820,000 Lot5 $90,840,700
P.D Contracting	Lot1 $150,917,330 Lot2 $119,289,000 Lot3 $116,822,000 Lot4 $119,263,300 Lot5 $85,848,990
Pantheon Construction Inc	Lot1 $248,215,667 Lot2 $201,483,300 Lot5 $91,484,606
Modern Engineering Supplies & Services	Lot1 $168,809,120 Lot2 $143,778,900 Lot3 $173,238,600 Lot4 $143,755,200 Lot5 $81,618,300
FN Electrical & General Contracting	Lot1 $140,300,000 Lot2 $107,845,000 Lot3 $111,068,000
Permaul Trading & Distribution	Lot1 $183,376,300 Lot2 $148,072,000 Lot3 $153,194,000 Lot4 $150,167,000 Lot5 $104,167,000
JR’S Construction & Logistics Inc	Lot1 $134,062,900 Lot2 $113,498,900 Lot3 $110,797,400 Lot4 $26,700,000 Lot5 $79,001,900
Andrect Engineering & Construction Inc	Lot1 $146,489,500 Lot2 $113,885,000 Lot3 $113,872,000 Lot4 $112,580,000 Lot5 $81,619,900
S&S Proserve	Lot1 $135,537,500 Lot2 $108,915,000 Lot3 $108,726,000 Lot4 $107,957,400 Lot5 $74,598,900
Terraform Solutions	Lot1 $134,016,700 Lot2 $107,618,300 Lot3 $106,617,800 Lot4 $106,378,500 Lo5 $71,527,400
A.M.I.C General Contracting Services	Lot1 $133,892,900 Lot2 $109,020,000 Lot3 $105,902,500 Lot4 $107,409,000 Lot5 $83,988,700
Emeralds General Contracting & Distributors	Lot5 $75,575,200
B.M Property Investments Inc	Lot1 $141,017,900 Lot2 $113,324,000 Lot3 $113,838,500 Lot4 $112,533,000 Lot5 $81,556,500
GY Procurement & Engineering Services Inc	Lot1 $140,724,200
Proconstruct Solutions	Lot3 $101,095,600 Lot4 $100,454,400
Truck Smart	Lot1 $171,485,800 Lot2 $145,160,000 Lot3 $141,676,500 Lot4 $140,329,000 Lot5 $137,119,300
Lispen Enterprises	Lot5 $72,946,900
Holistic Contracting & Procurement Inc	Lot1 $175,229,300 Lot2 $153,297,000 Lot3 $143,631,000 Lot4 $142,700,000 Lot5 $91,120,700

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bids, East Ruimveldt Market, rehabilitation

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