KUALA LUMPUR: Mass Rapid Transit Corporation Sdn Bhd (MRT Corp) which is presently operating open tender process for MRT3 Circle Line’s (MRT3) 4 foremost contract packages, will take an strategy that can transform the construction sector and rejuvenate the economy.
The tender briefing for the Project Management Consultancy (PMC) package deal was held early final month and the tender briefings for the three Civil Main Contractors packages had been accomplished final week.
In a press release right this moment, MRT Corp stated not like the MRT2 Putrajaya Line undertaking which has one foremost turnkey contractor solely at Tier 1, the MRT3 undertaking will see 5 Tier 1 foremost contractors appointed to lead its implementation.
“MRT3 construction actions shall be additional distributed at Tier 2 to many midsize and small construction corporations as Work Package Contractors (WPC).
“Similar to the MRT1 and MRT2 initiatives, the appointment of MRT3’s WPCs shall be completed by tender workout routines ranging from subsequent 12 months. Hence, there shall be loads of alternatives for native construction corporations to take part, no matter measurement,” the corporate stated.
For now, MRT Corp famous that the main target is on appointment of civil foremost contractors at Tier 1 and based mostly on the tender necessities, there may very well be 6 to 9 corporations which is able to finally be awarded because the civil foremost contractors in three totally different joint ventures (JVs) or consortiums.
Compared to MRT1 and MRT2 initiatives, it stated extra corporations shall be in a position to take part at Tier 1 in MRT3 undertaking.
“For all civil foremost contractor packages, Bumiputera participation is necessary. Industry gamers should kind three way partnership or consortium with Bumiputera construction corporations.
“Additionally, all tenderers are required to submit an financial enhancement proposal to catalyse financial actions past construction sector,” it shared.
A compulsory aspect of the tender process is for all companions in JV/consortium to declare their Ultimate Beneficial Ownership by a statutory declaration, it stated.
The idea of helpful possession just isn’t restricted to possession by holding of curiosity in a authorized entity however extends past possession construction, in accordance with the Companies Commission of Malaysia’s Guideline For The Reporting Framework For Beneficial Ownership of Legal Persons, it defined.
It covers each from the angle of possession and management, it famous.
The minimal required percentages for Effective Bumiputera Ultimate Beneficial Ownership are 31 per cent for CMC301 and CMC302, and 20 per cent for CMC303 and the share of Bumiputera work share at Tier 2 shall be not less than of the identical worth because the Effective Bumiputera Ultimate Beneficial Ownership in respective package deal, it stated.
Chief government officer Datuk Mohd Zarif Hashim stated it’s MRT Corp’s intention to have succesful Bumiputera gamers taking part in MRT3 undertaking and extra importantly they should be lively members of their JV/consortium with their very own work scope.
“The winners of the PMC, civil foremost contractors and system turnkey contractor packages should work collectively. All events’ pursuits should be aligned to ship the frequent targets. The duty to synchronise construction work actions has been tasked to the PMC.
“While there won’t be liquidated ascertained damages imposed on the PMC, the PMC shall be given key efficiency indicators and there’s a penalty for not assembly them.
“The new strategy in undertaking supply and contracting technique is a fruits of a decade’s value of expertise of MRT Corp because the asset proprietor and undertaking developer. MRT Corp is assured with the potential and resilience of Malaysian construction gamers in addition to the supporting ecosystem,” Mohd Zarif added. – Bernama
