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Showing posts with the label Bidding

BMRCL to give ORR metro contracts only after studying bid capacity

Bengaluru: Contracts for laying down the 18-km Metro line on the outer ring road (ORR) to be given after assessing financial capacity. The Bengaluru Metro Rail Corporation (BMRCL) has stated that contracts to be given to the lowest bidder based on financial competence. This come after several media reports hinting that the contracts are split but work going to same bidder. There were question raised in terms of transparency in allocating contracts based on bidding value. It was earlier reported that the ORR work is split into three packages to speed up work. Though financial bids for the project are yet to be opened by BMRCL, but several sources hinted that one company has quoted lowest bid in all the three packages. This raised doubts and questioned the mode of operation of BMRCL for ORR Metro work. Managing director of BMRCL, Ajay Seth clarified that all the three packages have a number of technical capacity criterion that includes “bid capacity” and “liquidity...

Bangalore Metro | BMRC splits civil work last year to speed up work  

Bengaluru: Questions are now raised on Bengaluru Metro Rail Corporation (BMRCL) strategy on splitting civil work contract last year. The metro corporation has split work in three packages last year in February. This was done to speed up work on construction of the 18-km corridor on the Outer Ring Road (ORR). But the strategy is raising eyebrows as the contract is likely to go to one bidder. As per the details the lowest bidder for all the three packages would be one contractor – IL&FS. With this detail emerging, many question BMRCL’s strategy and on-time completion of project. When the financial bids for one package out of three was opened in July the lowest bidder was IL&FS Engineering and Construction Company. This was the stretch starting from Silk Board and Bellandur. Several sources from within and outside BMRCL think that IL&FS might end up getting all the three projects. This is based on the information that the Hyderabad-headquartered construction firm...