Public procurement notice: Contract Award Notice
Published: 2023-11-22
Buyer: Instituto Nacional de Estradas (INAE)
Country: ST
Contract type: Works
Procedure: Open procedure
CPV classification: 45233120: Road construction works
Estimated value: 25792219.07 EUR
Award criteria: Lowest price
EU fund: EU Fund

Technical requirements: The project consists in the construction of the coastal protection elements, landscaping and reconstruction of the Marginal Road from the airport of São Tomé (TMS) until 1 km south of the Pirata Bar to the south of Pestana Hotel (8,8 km)
The Marginal Road is an urban road, which contours the coastal line of the capital and connects it to the main and only international airport of the country (TMS), to the North, and the Estrada San Marçal close to the village of Pantufo, to the South.
The contract will be implemented under the FIDIC conditions of contract for Construction for Building and Engineering Works Designed by the Employer (“Red book”) Second ed.2017
The project consists of the construction of section Lagarto Bay for approximately 2,8 km. The main works will be:
(i) The Bidder shall demonstrate that it has access to, or has available, liquid assets, unencumbered real assets, lines of credit, and other financial means (independent of any contractual advance payment) sufficient to meet the construction cash flow requirements estimated as Lot 1: 1,5 million EUR for the subject contract(s) net of the Bidder’s other commitments.
(ii) The Bidders shall also demonstrate, to the satisfaction of the Employer, that it has adequate sources of finance to meet the cash flow requirements on works currently in progress and for future contract commitments.
(iii) The audited balance sheets or, if not required by the laws of the Bidder’s country, other financial statements acceptable to the Employer, for the last three (3) years shall be submitted.
Minimum average annual construction turnover of Lot 1: 10 million EUR calculated as total certified payments received for contracts in progress and/or completed within the last three (3) years
Experience under construction contracts in the role of prime contractor, JV member, Subcontractor, or management contractor for at least the last ten years, starting 1st January 2012.
(i) A minimum number of 3 similar contracts specified below that have been satisfactorily and substantially completed as a prime contractor, joint venture member, management contractor or Subcontractor between 1st January 2017 and bid submission deadline:
(i) Urban paved road (minimum length 10 km) with 2 or more lanes and coastal protection works (break waters, beach nourishment, and urban landscaping works).
(ii) 2 bridges (prestressed concrete beams) with more than 15 m length on at least two (2) projects in the last 5 years, of which at least one (1) had a project value in excess of one million EUR.
For the above 3 contracts executed over the last 10 years a minimum (total/combined) construction experience in the following key activities with quantities greater than shown:
For the contracts in 4 above and/or any other contracts [substantially completed and under implementation] as prime contractor, joint venture member, or Subcontractor between 1st January 2017 and Bid submission deadline, experience in managing ES risks and impacts according to IFI´s standards or equivalent.
The potential bidders need to directly contact the email inae.direccao@gmail.com for further information and access to the bidding documents. The project is co-financed by EIB and II (Invest International)


Winner: Alberto Couto Alves, S.A.
Award value: 25792219.07
Number of bids: 3