By Alexis Romero,
The Philippine Star
MANILA - The bidding for the supply of three multi-purpose attack craft for the Navy failed as bidders did not meet the documentary requirements set by the government.
Five parties expressed interest on the P270-million project, which seeks to boost the Navy’s operational readiness in maritime security, domain awareness and mobility for territorial defense operations.
These are the joint venture of Propmech Corp. and Taiwan’s Lung Teh Shipbuilding; the joint venture of Stoneworks Specialist International Corp. and Indonesia’s Multi Prima; Rovia Road Yacht Boat Builder, Colorado Shipyard Corp. and Hong Kong’s Armacraft Co. Ltd.; and Santiago Shipyard and Shipbuilding Corp.
Only four of the five companies that bought the bid documents submitted offers. Local firm Santiago Shipyard and Shipbuilding Corp. did not join the bidding because it lacked time to comply with documentary requirements.
None of the bidders, however, was able to fully satisfy the requirements under the procurement law.
Read the full story at ABS-CBNnews