Fedders Lloyd put in lowest bid for specialty hospital

Fedders Lloyd Corporation Ltd of India put in the lowest bid to construct the specialty hospital on Lower East Coast Demerara.
The company put in a bid of US$23.2 million with a 23 per cent discount, company representative Ajay Kumar Jha confirmed this week. That would put the final bid cost at US$17.6 million.

An artist’s impression of the specialty hospital Fedders Lloyd proposes to build.

The company put in its bid in association with Nous Hospital Consultants.
Fedders Lloyd was one of five Indian companies which put in bids to construct the hospital which is being funded with a line of credit from India of US$18 million.
The government here intends to staff the hospital with specialists from India to do complicated surgeries, ranging from heart operations and organ transplants to cosmetic surgery.
Preliminary works have begun at Turkeyen, East Coast Demerara where it is intended to build the specialty hospital.
The announcement for construction was made in February 2011 by former President Bharrat Jagdeo when he returned from India after securing a US$18M line of credit from the Indian Government to build a specialty hospital to do complicated surgeries.
Government had budgeted $150 million to commence the preparatory work to design the 150-bed surgical specialty hospital. Cabinet awarded $97M to G. Bovell Construction Services in January, 2012 to commence preparatory works for the specialty hospital. These include the construction of a fence, bridges and gateways.
Except Fedders Lloyd, the bids submitted for the specialty hospital are as follows: Surendra Engineering Corporation Ltd of India (US$18 M) 000, 000; Shapoorji Pallonji & Company Ltd (US$42.4 M); Jaguar Overseas Ltd of India (US$18.6 million); and Vydehi Institute of Medical Science and research centre of India (US$19.5 M).