Twitter
Advertisement

MSRDC divides Mumbai-Nagpur project into 16 packages, costing Rs 44300 crore

These costs are of course initial estimates at current prices and variations once the work begins are possible

Latest News
article-main
FacebookTwitterWhatsappLinkedin

The Maharashtra State Road Development Corporation (MSRDC) on Wednesday issued the Request for Qualification (RFQ) to firms desirous of participating in the construction of the access-controlled Mumbai-Nagpur Communication Express way christened the Maharashtra Samruddhi Mahamarg. The RFQ is a process in the infrastructure sector where firms are called to prove that they are technically and financially qualified to carry out a particular project.

The MSRDC has divided the project into 16 packages totalling 701.052 kilometres, all of them having a cumulative cost of Rs 44300 crores. These costs are of course initial estimates at current prices and variations once the work begins are possible.

The RFQ document can be downloaded by firms till May 15 and a pre-proposal conference would be held at MSRDC's Bandra office on May 17, said MSRDC in a statement.

The next step to this process is called the Request for Proposals (RFP) when firms, which are shortlisted in the RFQ process, are asked to submit financial and technical bids, said officials.

Find your daily dose of news & explainers in your WhatsApp. Stay updated, Stay informed-  Follow DNA on WhatsApp.
Advertisement

Live tv

Advertisement
Advertisement