4 firms bid for Phase 2 UG metro line
- Sun, 11 Feb 2018 22:35
Financial bids for the 13.7-km underground section of the Gottigere-Nagawara line have been opened. The contract may be awarded within two weeks.
In June 2017, the BMRCL divided the work for the underground section, which will run from Dairy Circle to Nagawara, into four packages.
U A Vasanth Rao, chief public relations officer, BMRCL, confirmed the financial bids were opened but said it would be premature to give more details. "Its the beginning of another process. We are yet to evaluate the bids before moving to the negotiation table. The process may take 10 days," he added.
The cost of construction between Dairy Circle and Langford Town (Package 1; 3.67 km) was estimated at Rs 1,268.90 crore. The Vellara Junction-Shivajinagar stretch (Package 2; 3.62-km) was supposed to cost Rs 1,325.97 crore. Costliest among the four was the Cantonment-Tannery Road stretch (Package 3; 3.32-km)at Rs 1,334.83 crore. Package 4 (Venkateshpura-Nagawara; 3.62 km) was the cheapest at Rs 1,117.86 crore.
While the BMRCL did not release the bidding details, a report on the blog The Metro Rail Guy claimed the lowest bid for the four packages was 69.45% higher than the BMRCLs estimates. While Metro officials had estimated the cost at Rs 5,047.56 crore, the lowest bids were Rs 8,553.45 crore, the report stated.
BMRCL officials, however, refused to comment on the figures. An official, though not aware of the particulars, said the problem arose because of limited competition. "Had there been 12 companies, we would have seen some competition," he noted.
The BMRCL has already pushed the deadline for Phase 2 from 2020 to March 2021. Its unclear how it will expedite the work on the most difficult part of Phase 2, the underground stretch.Deccan Herald - City