5 firms bid to supply Zesco transformers

5 firms bid to supply Zesco transformers
By Kabanda Chulu
Friday April 04, 2008 [04:00]

FIVE International companies have submitted bids to supply and deliver 125 power transformers to Zesco Limited at a cost of over US $ 4 million. And through selective tender, the Zambia National Tender Board (ZNTB) received a bid from ACTMAT of South Africa to deliver specialist military vehicles and equipment to the Ministry of Defence that would cost over 10 million euros.

Releasing the tender report yesterday, ZNTB public relations officer, Hazel Zulu said five companies submitted bids and have since paid bid security sums (two per cent of the actual price of goods to be delivered.

The five firms that are bidding to supply and deliver one 330/88/11KV and 125 power transformers include, Octo Trading which is bidding US $2.67 million with First Alliance Bank issuing a bid security fee worth US $56,000, on behalf of Octo.

ABB Limited’s bid sum is US $ 3.1 million with Citibank issuing a bid security worth US $62,000 while China Henan’s bid sum is US $3.159 million with the Bank of China providing bid security worth US $63,200.

The rest are Rousant International, whose bid sum is US $3.473 million and Fortis Bank issued a bid security worth K30 million while China National Aero-Technology Corporation submitted bids worth US $2.749 million with the Bank of China providing bid security worth US $55,000.