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...