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What is the Bids in China

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Aims for Government to Investment

(1)The government will confirm the concept design of the Palaestra so as to assure that National Palaestra will become the symbolized building in the 0lympic Park;(2)The government will rigidly insure the schedule and quality of it and insure its use in the 0lympics;(3)The government’s investment can reduce the running cost,and make the Palaestra become people’s physical place appropriate for the consumption standard of the mass.

As for the investment outside the government,Beijing introduces the running system of marketing mechanism,and adopts the international bidding mode to choosethe cooperation party of National Palaestra Project Corporation,signs the running contract with the state-owned company,and establishes the project company together.

And besides the government’s investment,the project company is responsible for design of this project,the financing,investment,construction,running and delivery.

Evaluating&Confirming Bids

In the first ten-day of the July of 2003,in Boao of Hainan province,the Board of Review recommend the tenderee 2 candidates for winning bids whose integrated grades is near the top.

In the middle and last ten-day of the July of 2003,the tenderee,representatives of governmental investors,the Beijing Organizing Committee and candidates of winning a bid had a talk and put forward to Beijing City Government for approval,and finally the winning bidder for corporation cooperators of National Stadium Project was confirmed.

On the second of August of 2003,the tenderee issued notice of winning a bid to the successful bidder.

On the 9th of August of 2003,signing ceremony for the primary stadium of Beijing 2008 0lympic Games——National Stadium was held and the combination presented by CITIC Group separately signed 3 contracts and agreements,such as Chartered Rights Agreement,National Stadium Agreement and Cooperative Management Contract,with Beijing Municipal People’s Government,BOCG0 and Beijing State Property Co.Ltd.

Methods For Evaluating Bids

The general evaluation methods for the bid and evaluation of a bid of corporation cooperators of National Stadium Project and the system of the evaluation can be divided into 8 factors,such as optimization schemes of structural designs(including investment evaluation),structural designs,financial designs,operationsdesigns,financial analysis,insurance programs,delivery programs and the responses to the relative contracts,and make the scores based on centesimal system.

The ratio of each factor for evaluation bids is stipulated as following:

(A)optimization schemes of structural designs(including investment evaluation)10%

(B)structural designs 15%

(C)financial designs 20%

(D)operations designs 25%

(E)financial analysis 5%

(F)insurance programs 5%

(G)delivery programs 5%

(H)the responses to the relative contracts 15%

As to the above-mentioned 8 factors for evaluation of bids,the Bids Evaluation Commission reviewed and scored base on different groups of bid documents put forward by each bidder and then accounted the scores based on the given ratio,collected the scores of 4 groups,which are the final scores of one bidder.After the confirmation of sequence of bidders,if there are the same final scores,and then sort them according to the scores of operation designs,and the higher one will be take the first.

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