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Gold/Mining/Energy : Unitec Int. Controls Inc.

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To: Link Lady who wrote (585)10/30/1998 9:10:00 PM
From: John B. Smyth  Read Replies (2) of 856
 
Thanks Wendy, the process was a two envelope procedure with the technical submissions being opened first. We learned that we won the technical proposal evaluation a few weeks ago. The margin was substantial, but the final award is based on a formula of technical points and price. To beat us, the next closest bidder would have to have a price considerably lower than ours.

The pricing envelope was opened today, and we were also the lowest bidder. One of the advantages our technology has is that it provides a more cost effective solution than most of our competitors. I would add that new developments are underway to push the technology and competitive lead even further.

Regards,

John
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