Loan Agreement No.VNM-62

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

Ref No. 1297/PMU2-PID3-KHTH                                                     Ha Noi, June 30, 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 Wons (KRW 40,413,000,000) toward the cost of 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-01: Construction of Dong Cao bridge.

2. The Project Executing Agency now invites sealed bids from eligible bidders for Package XL-01: Construction of Dong Cao bridge.

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 that meet the following qualification criteria.

  a) 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);

  b) 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 of which nationals of the Republic of Korea reserve the management rights and are vested with the business performances; or

  c) 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:

At least one (1) successful similar contract of civil engineering construction in Vietnam as main contractor (independence or joint venture member) or sub-contractor, completed between 01/01/2020 and the bid submission deadline.

  a) For Independent contractor:

- Completed at least 01 transport construction contract in which the part of work performed by Contractor in the contract has road bridge work with the Balanced Cantilever girder; Super-T girder or Prestress Reinforcement Concrete girder of ≥ 38 m length; bored pile diameter D≥1.2 m; asphalt concrete pavement and contract value performed by Contractor in the contract is not less than USD10,000,000.

- In the case of Bidders do not undertake construction works including Asphalt Concrete Pavement and Super-T girder or Prestress Reinforcement Concrete girder of ≥ 38 m length in one similar contract as required above, the Contractor can replace with other various contracts of civil engineering construction which include the Asphalt concrete pavement and Super-T girder or Prestress Reinforcement Concrete girder of ≥ 38 m length to demonstrate his experience but no consideration is made to the values of these contracts.

  b) As Joint Venture:

i) For the member undertaking construction 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 Balanced Cantilever girder and contract value is not less than USD10,000,000 x sharing ratio undertaken in the JVA.

ii) For the member undertaking construction 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 Super-T girder or the Prestress Reinforcement Concrete girder of ≥ 38 m length and contract value is not less than USD10,000,000 x sharing ratio undertaken in the JVA.

iii) For the member undertaking construction 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 bored pile diameter D≥1.2m and contract value is not less than USD10,000,000 x sharing ratio undertaken in the JVA.

iv) For the member undertaking construction 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 Asphalt Concrete Pavement and contract value is not less than USD10,000,000 x sharing ratio undertaken in the JVA.

(ii) Average annual turnover from construction activities should be at least USD 12,400,000 within 03 years (from 2022 to 2024).

(iii) Requirement of cash flow > USD 1,600,000.

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 July 3, 2025 to before 02.00 p.m. August 18, 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 any interested Bidders on the submission of a written application to the address below and upon payment of a nonrefundable fee of USD 500, equivalent to VND 13,135,000. The method of payment will be cash to pay at the Finance and Accounting Department of PMU2 (4th Floor) or transfer to the following specified 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 only accept VND transfers

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. August 18, 2025. All bids must be accompanied by a bid security of USD 248,000 (Two hundred forty eight Thousand US Dollar). 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 18, 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