http://www.bangladeshnews.com.bd/2008/02/18/merger-of-bidders-going-to-cut-competition/ Daily Updated Bangladesh News With RSS Feeds Mon, 01 Dec 2008 22:30:53 +0000 http://wordpress.org/?v=2.5.1 http://www.bangladeshnews.com.bd/2008/02/18/merger-of-bidders-going-to-cut-competition/#comment-65392 Khondkar. A.Saleque Mon, 18 Feb 2008 03:35:57 +0000 http://www.bangladeshnews.com.bd/2008/02/18/merger-of-bidders-going-to-cut-competition/#comment-65392 Protrcted decision making process discourage potential foreign investors to bid in Bangladesh.This particular power plant tender should have recieved better response from intending bidders.But judging from the developments of recent past only 5 participants showed interest.Off them the only local initiative from Summit Group was pruned. If there was no specific condition in IFB negating merger of prequalified bidders nothing can be done at this stage. Ultimately there may be two or even one offer and CTG may get a very costly offer and may not be able to take decision.Wonder why CTG through foreign mission did not arrnge for extensive road show for such large power project. Protrcted decision making process discourage potential foreign investors to bid in Bangladesh.This particular power plant tender should have recieved better response from intending bidders.But judging from the developments of recent past only 5 participants showed interest.Off them the only local initiative from Summit Group was pruned. If there was no specific condition in IFB negating merger of prequalified bidders nothing can be done at this stage. Ultimately there may be two or even one offer and CTG may get a very costly offer and may not be able to take decision.Wonder why CTG through foreign mission did not arrnge for extensive road show for such large power project.

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