Ministry of Construction

Project Management Unit No.2

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Loan Agreement No.VNM-62

Rehabilitation and Improvement of Bridges on National Highways Project (Phase II)

Ref No. 1239/PMU2-PID3-KHTH                                                Ha Noi, June 23, 2025

INVITATION FOR BIDS (IFB)

1. The Socialist Republic of Viet Nam (hereinafter called “Borrower”) has received a loan from the Export-Import Bank of Korea from the resources of the Economic Development Cooperation Fund (EDCF) of the Republic of Korea in the amount of not exceeding the equivalent of Forty Billion Four Hundred Thirteen Million Korean Won (KRW 40,413,000,000) towards the cost of the Rehabilitation and Improvement of Bridges on National Highways Project (Phase II), and intends to apply a portion of the proceeds of this loan to payments under the contract for Package XL-02: Construction of Lo Gom, Vuon Xoai, Ban Ngay, and Song Ba bridges.

2. The Project Executing Agency now invites sealed bids from eligible bidders for Package XL-02: Construction of Lo Gom, Vuon Xoai, Ban Ngay, and Song Ba bridges.

3. Bidding will be conducted through Competitive Bidding (CB) procedures specified in the Guidelines for Procurement under EDCF Loans, and is open to all eligible bidders who meet the following qualification criteria:

   a) Nationals of the Socialist Republic of Viet Nam (including juridical persons incorporated in the Socialist Republic of Viet Nam in accordance with its laws; hereinafter the same shall apply);

   b) Consortiums formed by nationals of the Socialist Republic of Viet Nam with the corporations established under the laws and regulations of the Republic of Korea, in which nationals of the Socialist Republic of Viet Nam hold more than fifty percent (50%) of shares or have the de facto decision-making rights;

   c) Nationals of the Republic of Korea (including juridical persons incorporated in the Republic of Korea in accordance with its laws; hereinafter the same shall apply);

   d) Foreign corporations in which nationals of the Republic of Korea hold more than fifty percent (50%) of shares, as well as foreign subsidiaries of a foreign corporation in which nationals of the Republic of Korea reserve the management rights and are vested with the business performances; or

   e) Consortiums built by nationals of the Republic of Korea with the corporations set up in accordance with the laws and regulations of the Borrower’s country, in which nationals of the Republic of Korea hold more than fifty percent (50%) of shares or have the de facto decision-making rights.

(i) Specific experience in construction:

Completed at least 01 successful completed similar contract of civil engineering construction in Viet Nam, as main contractor (independent or joint venture member) or as a sub-contractor.

   a) For Independent contractor:

Completed at least 01 transport construction contract in which the part of work performed by Contractor in the contract has the road bridge works with Prestress Reinforcement Concrete girder of ≥ 24.54 m length; bored pile diameter D≥1.2m and contract value performed by Contractor in the contract is not less than USD 2,800,000.

   b) As Joint Venture:

The General capacity of whole Joint Venture shall be total experience of members in the Joint Venture. The responsiveness to the experience criteria shall be subject to scope of works, sharing ratio of each member undertaking as divided in the Joint Venture Agreement, in which the member undertaking construction of package has at least 01 transport construction contract in which the part of work performed by Contractor in the contract has the road bridge works with the Prestress Reinforcement Concrete girder of ≥ 24.54m length; bored pile diameter D≥1.2m; and contract value performed by Contractor in the contract is not less than USD 2,800,000 multiplied (x) by the sharing ratio undertaken in the Joint Venture Agreement.

(ii) The annual averaged construction turnover within 3 years (from the year 2022 to 2024) shall be ≥ USD 5,100,000.

(iii) Requirement of cash flow > USD 700,000.

4. Interested eligible bidders may obtain further information from the Project Management Unit No.2 (PMU2) - Address: No.18 Pham Hung Road Cau Giay District Ha Noi, Viet Nam and inspect the bidding documents at the address below from 08.00 a.m June 24, 2025 to before 02.00 p.m. August 8, 2025 (working hours from 08:00 a.m. to 05:00 p.m., Vietnam time GMT+7).

5. A complete set of bidding documents may be purchased by interested bidders upon the submission of a written application to the address below and payment of a nonrefundable fee of USD 500, equivalent to VND 13,121,000. The method of payment shall be either in cash at the Finance and Accounting Department of PMU2 (4th Floor), or by bank transfer to the following account:

Bank Account Name: Ban Quan ly du an 2

Bank Account Number: 1462201002861

Bank Name: Vietnam Bank for Agriculture and Rural Development - Tay Do Branch.

  • SWIFT Code: VBAAVNVX426

  • CITAD Code: 01204031

Note: This account accepts VND transfers only

Bidding documents will be delivered directly to bidders at the Project Implementing Division No.3 (PID3) of PMU2 (5th Floor).

6. Bids must be delivered to the address below at or before 02.00 p.m. on August 8, 2025. All bids must be accompanied by a bid security of USD 68,000 (Sixty-Eight Thousand US Dollars). Late bids shall be rejected. Bids will be opened in the presence of the bidders’ representatives who choose to attend at the address below at 02.00 p.m. on August 8, 2025.

7. PMU2 will not be responsible for any cost or expense incurred by Bidders in connection with the preparation or delivery of Bids.

Project Management Unit No. 2

Representative: Mr. Bui Huy Kiem

Title: Deputy Director

Address: No.18 Pham Hung Road, Cau Giay District, Ha Noi, Viet Nam