November 22, 2008

Zoom Developers moves to HC in Vizhinjam bidding matter

Exim News Service reported that Mumbai based Zoom Developers is reported to have moved the Kerala High Court against the state government’s decision to disqualify its consortium from bidding for building the international container transshipment terminal at Vizhinjam. The Court is expected to take a decision on the issue next week.

An official of Zoom Developers said that "There was a mistake on the part of those who did valuation of the bidding documents. They did not interpret the agreement properly because of which we were disqualified from bidding. For the project bidding, Zoom Developers has joined hands with Portia Management Services and the UK’s Peter Fraenkael and Partners."

He added that Zoom made a representation to the government and along with it went to the court seeking removal of the disqualification.

According to a Zoom Developers statement, the disqualification was not good for the image of our company and we wanted to remove the stigma attached to it.

However, an official of the Vizhinjam International Seaport Limited said that the committee entrusted with the job of scrutinizing the bidding documents found some discrepancies in the bid documents submitted by Zoom Developers and hence the consortium was disqualified from bidding in the second round.