By Alexis Romero
MANILA, Philippines - Defense officials declared a failure last month’s bidding for the supply of eight brand new amphibious assault vehicles worth P2.5 billion for the Marines.
The STAR learned that the bidding did not attract any offer from suppliers, and that only Samsung Techwin of South Korea purchased bid documents, but did not submit a bid.
In a letter to the Department of National Defense’s Bids and Awards Committee (BAC), Samsung Techwin said it might not be able to satisfy some conditions set by the bid documents, including the government’s position to seek a two-year warranty, a major cost driver.
Samsung Techwin said the amphibious assault vehicles are normally for combat operation, and that their suppliers are not willing to extend the warranty coverage beyond the first year.
Read the full story at The Philippine Star