Contract Awards Details
Ministry/Division: Local Government Division
Agency: Local Government Engineering Department (LGED)
Procuring Entity Name: Office of the Project Director, RIVER, LGED
Procuring Entity Code:
Procuring Entity District: Dhaka
Contract Award for: Works
Tender/Proposal ID: 1256400
Invitation/Proposal Ref. No.: LGED/RIVER/GAIB/21-22/NW-15
KEY INFORMATION
Procurement Method (National/Internation): OTM
FUNDING INFORMATION
Budget and Source of Funds: Development  Aid or Grant
Development Partner (if applicable): World Bank
PARTICULAR INFORMATION
Project/Program Code (if applicable): 224372800
Project/Program Name (if applicable): Resilient Infrastructure for Adaptation and Vulnerability Reduction Project (RIVER)
Tender/Proposal Package No.: LGED/RIVER/GAIB/21-22/NW-15
Tender/Proposal Package Name: Construction of Primary School cum Flood Shelter with Solar PV Nano Grid, Street Light, Lightening Protection & Connecting Roads, Bridge/Culvert, Furniture and Tree Plantation at Gaibandha District (LGED/RIVER/GAIB/21-22/NW-15)
Date of Advertisement: 12-Apr-2026 15:00
Date of Notification of Award: 23-Aug-2026
Date of Contract Signing: 17-Sep-2026
Expected Date of Contract Completion: 20-Jan-2028
INFORMATION ON CONTRACT AND BENEFICIAL OWNERSHIP
Contract Price: 548691701.388 (BDT)
Name of the Economic Operator (Supplier/Contractor/Service Provider/Consultant): TBEAL-RVL JV (Joint Venture)
Tenderer ID of the Economic Operator (If any): 1234756
Beneficial Ownership Information :
Company Name: RACE VENTURES LIMITED
Joint Venture Share: 49.00%
S. No. Name Designation Beneficial Ownership (%) Country
1M. MAHFUZUR RAHMANChairman30.00Bangladesh
2MD. ABDUL AHAD CHOWDHURY TUHINManaging Director20.00Bangladesh
3MD. TARIQUL ISLAMDirector20.00Bangladesh
4MD EUNUS AL MAMUNDirector20.00Bangladesh
5GOLAM KIBRIADirector10.00Bangladesh
Company Name: The Builders Engineers Associates Ltd
Joint Venture Share: 51.00%
S. No. Name Designation Beneficial Ownership (%) Country
1Fazlul Karim Chowdhury Sapon Managing Director75.00Bangladesh
2Umma Habiba Nasima Akhter KhanomDirector25.00Bangladesh
Business Address of the Economic Operator: 30/A Naya Paltan, Sattara Centre 8th floor (Eureka Group) Dhaka-1000
Location of Delivery/Works/Service Delivery: Gaibandha District
PROCURING ENTITY DETAILS
Name of Authorised Officer: Mohammad Atikul Islam
Designation of Authorised Officer: Project Director