On 11 June 2020, the Electric Power Generation Enterprise (“EPGE”) under the Ministry of Electricity and Energy (“MOEE”) has issued a prequalification invitation in regard to the design, supply, installation, testing and commissioning of the Ywama new combined cycle gas turbine power plant (“Ywama Power Plant”). Ywama Power Plant located in the suburbs of Yangon has a net power generating capacity of 300 MW.
The Government of Myanmar (“Government”) has applied for financing in respect of the Ywama Power Plant from the World Bank. A portion of the expected financing is to be earmarked for payments under the contract for design, supply, and installation of the Ywama Power Plant.
The Ywama Power Plant will be built using combined cycle gas technology. The scope of work which is for a full turn-key power plant, includes the demolition of existing units, engineering, procurement, construction (“EPC”) and installation of equipment, testing, and commissioning of the new power plant. The estimated timeframe for completion is 36 months.
The detailed scope of the contract is outlined in Section VII of this Prequalification Document and the Request for Bids is expected to be made in late 2020.
Prequalification for this bid will be conducted in line with the procedures specified in the World Bank’s Procurement Regulations for IPF Borrowers published on July 2016 and subsequently revised on November 2017 and August 2018 (“Procurement Regulations”). The prequalification process is used to screen interested applicants and ensure that they have adequate capacity, capability and resources to submit Bids/Proposals. The prequalification process also serves as buffer to ensure that interested bidders are not dissuaded by the high costs of preparing detailed Bids/Proposals and thereby encouraging the submission of compelling offers and promotion of healthy competition throughout the process.
The objectives and measurable factors that would be considered as per the Procurement Regulations at the prequalification stage are as follows:
- Eligibility of the applicant to bid for the project;
- Technical capabilities/capacity in terms of construction and/or manufacturing of the project;
- Satisfactory and provable past performance and successful completion of similar contracts over a given period;
- The financial situation and resources available to the applicant;
- The assessment of an applicant’s qualifications shall not take into consideration the qualifications of other firms such as its subsidiaries, parent entities, affiliates, subcontractors (other than specialized subcontractors, if permitted), or any other firm different to that which submitted the prequalification application.
All applicants that can comfortably meet the minimum qualification requirements are duly invited to submit Bids.
As a general norm in Myanmar, interested applicants will have to procure the complete set of the prequalification documents in their own name. Applicants would then be required to submit the duly and validly completed prequalification document by 20 August 2020. We would be most happy and are suitably positioned to assist and facilitate you on this process.
The information provided here is for information purposes only, and is not intended to constitute legal advice. Legal advice should be obtained from qualified legal counsel for all specific situations.
Contacts
Partner & Managing Director, Myanmar/Singapore
Partner, Deputy Managing Director & Head of Banking and Finance Practice, Myanmar
Partner, Myanmar
