South Korea’s Samsung Techwin sole bidder for 8 amphibious assault vehicles
South Korea’s Samsung Techwin is the sole bidder for the DND-AFP’s eigth brand new amphibious assault vehicles. The firm’s offer is approximately PhP76 million lower than allocated budget of PhP2.5 billion.
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If Samsung Techwin passes the qualification process, it will be required to completely deliver 8 brand new amphibious assault vehicles within 910 calendar days from effectivity of contract.
This is the second time DND held the bidding for the said vehicles, first one was a failure of bidding due to no firm joined the bidding.