LTA tender gives unfair advantage to low cost contractors
I refer to the viaduct structure collapse at PIE. It is noted that LTA awarded the project to OKP which submitted the lowest bid. LTA uses the two envelope system in awarding projects during tender evaluation. The first envelope (first round) consist of scoring of tender proposal, usually by independent party, based on a set...
38 Oxley Rd: Charitable tax deduction enough for 6 years’ taxes?
38 Oxley Road was sold to Mr Lee Hsien Yang for an estimated $24 million in December 2015, about six months after the death of our former Prime Minister, Mr Lee Kuan Yew. The seller of the property donated the entire estimated $24 million sales proceeds to charity, and Mr Lee Hsien Yang donated $12 million (half the sale price)...
Why LTA and SMRT so special?
In a letter to the State Media yesterday, LTA and SMRT claimed that the signalling issues encountered during the replacement of the signalling system was common to cities that had "undertaken similar projects" as the "new system will take months to stabilise". We did a check and found that contrary to LTA and SMRT's claim, this...
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