Evaluation of bidding firms for railway bridges complete
CHENNAI: The long-pending railway bridges and Alandur bridge project are to be taken up shortly, as the Chennai Corporation has completed technical and financial evaluation of the bidding firms.
Subhash Projects and Marketing Limited (SPML), a firm headquartered in Kolkata, has made the lowest bid for the projects.
SPML had quoted 68 per cent more than the 2006–07 cost estimate but brought it down to 58 per cent after negotiations with the Corporation. Construction firm Gammon India, which had also made a bid, had quoted 100 per cent more than the estimate.
Although SPML’s bid is much higher than the Corporation estimate, it is only about 20 per cent more than the market rate.
The Corporation had earlier announced that contractors would be given market rates so that civil works were not delayed.
Also, the projects had been divided into two packages to encourage more firms to bid. One tender package comprised the construction of the Villivakkam railway under-bridge (RuB), Monegary Choultry Road RuB and Kathivakkam RoB. The other included Rangarajapuram RoB, Saidapet Jones Road RuB and a higher bridge to replace Alandur causeway. The cost estimate for the North Chennai package is about Rs.19 crore and the South Chennai package about Rs.20 crore
The Chennai Corporation Council would discuss the subject in its council meet to be held later this month. After approval of the Council, the State Government would have to clear the contract.
The Corporation’s search for a contractor for the projects began in April. Tenders were cancelled twice because the Corporation’s tenders committee said the bids were too high.