This paper makes a content analysis of the Tender Documents of an international PPP/BOT Port Project to assist International
PPP/BOT bidders in making proper bid decisions. The analysis includes the project background,bidding procedure,
documents consisting of tender documents,requirements of bid proposals and risk allocations. Findings from the analysis
suggest insufficient time length allowed for preparing the bid, failure to provide such key information as project draft concession
agreement in the tendering documents;vague and improper allocation of risks as between the host government and the
concessionaire. This paper concludes that,only with sufficient time and information obtained from tendering documents or otherwise,
and by taking an initiative strategy in specifying pre-conditions in their bids,would the bidders be able to make a
successful PPP/BOT bid.
|