| Work Detail |
According to the Investor, at the Equipment and Bidding Package of the Sub-construction Project of Binh Tri 2 Primary School, Binh Tri Dong B Ward, Binh Tan District (Ho Chi Minh City), Minh Phat Contractor is performing construction slowly according to the schedule. Contract, adjust the signed contract. At the same time, so far, this contractor has not performed the remaining part of the committed contract. The investor said that this contract of construction is no longer valid from May 28, 2020. Minh Phat Contractor is responsible to contact the Investor to complete the liquidation of the contract. Earlier, in July 2019, Minh Phat Contractor was announced to win the above package by the Management Board of Construction Investment of Binh Tan District with the winning bid price of VND 3.2 billion. Package contract, duration of 90 days. In August 2019, Minh Phat continued to be announced by the bid solicitor that it won the Equipment Package under the New Construction Project of Binh Hung Hoa Secondary School on pond leveling land, Binh Hung Hoa ward, Binh district. New. The winning price is VND 5.2 billion; package contract, execution period of 300 days. According to the Investor, recently, Minh Phat Contractor is facing financial difficulties, so it is unable to perform and complete the two packages mentioned above. Specifically, the Contractor can only provide 1 batch of goods (equivalent to 20% of the value of each bidding package). The investor has negotiated and agreed with the Contractor on the termination of the contract of the Binh Tri Primary School Secondary Construction Project 2. In addition, in this bidding package, the investor has appointed a house. The replacement contractor provided equipment to promptly start the new school year. For bidding packages under the New Construction Project of Binh Hung Hoa Secondary School, the Investor is continuing to carry out the procedures to terminate the contract with the Contractor. |
