The technical and commercial bid packages, which were received on-schedule, are for fully wrapped lump-sum turnkey (LSTK) EPC contracts for NextDecade’s Rio Grande LNG export project in Brownsville, Texas. Following detailed evaluations of the Bechtel and Fluor bid packages, NextDecade expects to select a contractor and execute a fully wrapped LSTK EPC contract in the 3Q19.
McDermott, a third potential bidder, was required to finalise a joint venture partnership prior to submitting its bid. As a result of not having satisfied this condition, McDermott did not submit a bid package.
