BPC Retenders SPM OandM Contract

The government has renewed efforts to appoint a contractor for the operation and maintenance (OandM) and marine services of Bangladesh’s ?rst singlepoint mooring (SPM) for a ?ve-year period.

the Tk 80-billion facility, a ?agship energy infrastructure project that has remained idle despite being completed more than a year ago, is seen as critical to reducing fuel import costs and improving energy logistics. State-run Bangladesh Petroleum Corporation (BPC) has ?oated an international tender for the second time after scrapping an earlier bid over pricing concerns.

the deadline for bid submission has been set for February 1.

of?cials say the prolonged delay in operationalizing the SPM is forcing the country to incur additional costs by continuing to rely on lighter vessels to transport fuel from offshore tankers.

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