Company loses P400m BIUST tender case

Yesterday, Justice Singh Walia ordered each party to bear its own costs for the application. Last week, Stocks and Stocks applied for an interdict against the bid winner, China Civil Engineering, the Public Procurement and Asset Disposal Board (PPADB), and the Building and Engineering Services/Ministry of Education after losing the tender.

But Walia said Stocks and Stocks was properly disqualified for non-compliance with the requirements of the invitation to tender as regards registration to the subcontractor and the peremptory provisions of the law.