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World Bank Procurement Notices & Contract Awards · OP00475022

Landing Site – Kosrae - Infrastructure Improvements

Status
Awarded
Estimated value
$696,496.3
Submission deadline
Deadline not published
Published
Oct 14, 2026
Buyer
Pacific Islands Regional Oceanscape Program - Second Phase for Economic Resilience: Federated States
Country
MULTI
Source
World Bank Procurement Notices & Contract Awards

Contract outcome & evergreen alternatives

This notice is no longer open for submissions. The original remains available for reference.

Awarded supplier / winnerRegistration / LEI numberCountryAwarded contract amountAward date
PADMA POWER INCORPORATED
PO Box 788, Tofol, Kosrae, FSM 96944		WB-VENDOR: 892059United States$696,496.3Oct 14, 2026
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Description

Contract Award Project: P178237-Pacific Islands Regional Oceanscape Program - Second Phase for Economic Resilience: Federated States of Micronesia (FSM PROPER) Loan/Credit/TF Info: IDA-E3710 Bid/Contract Reference No: FM-NORMA-570883-CW-RFQ Procurement Method: RFQ-Request for Quotations Scope of Contract: Landing Site Kosrae - Infrastructure Improvements Notice Version No: 0 Date Notification of Award Issued (YYYY/MM/DD) 2026/10/14 Duration of Contract 8 Month(s) Awarded Bidder(s): PADMA POWER INCORPORATED (892059) PO Box 788, Tofol, Kosrae, FSM 96944 Country: Micronesia, Federated States of Bid Price at Opening USD 696496.30 Evaluated Bid Price USD 697096.71 Signed Contract price USD 696496.30 Evaluated Bidder(s): VCS CONSTRUCTION & SUPPLIES,INC. (987720) P.O.Box 132. Kolonia Pohnpei,. FSM 96941 Country: Micronesia, Federated States of Bid Price at Opening USD 1339529.00 Evaluated Bid Price USD 1340780.45 Rejected Bidder(s): PMW CONSTRUCTION COMPANY (1131626) PO Box 432Tofol, KosraeFSM 96944 Country: Micronesia, Federated States of Bid Price at Opening USD Evaluated Bid Price USD Reason for Rejection Does not meet Eligibility Requirements

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