Bulgarian 'Unified Highway Trace' Submits Lowest Trakiya Bid

Business » FINANCE | February 5, 2010, Friday // 14:31| Views: | Comments: 0
Bulgaria: Bulgarian 'Unified Highway Trace' Submits Lowest Trakiya Bid Bulgaria's Ministry of Regional Development and Public Works opened Friday the bids for the construction of a section of the Trakiya Highway. Photo by BGNES

Bulgarian construction company "Unified Highway Trace" has submitted the lowest bid for construction of Lot 2 of the Trakiya Highway.

The bid, for construction of the highway section linking Stara Zagora and Nova Zagora, totaled BGN 137 868 M.

Four of the eight eligible bids for the highway project have been opened on Friday. According to the bid specifications, price is the principal criterion.

Of he three other bids that have been opened, "Alpine Holding Roads" submitted the largest bid, at BGN 373 641,762 M, followed by "Terna Le", with BGN 247 608,078 M. The third highest bid, BGN 292 177,350 M, was submitted by Greek company "Aktor".

Rosen Plevneliev, Minister of Regional Development and Public Works explained that applications with lower bids had not been opened, as they did not meet all the criteria set by the developer.

He added that he had complete trust in the judgment of the selection committee, as five of its nine members are "expert" in the road construction sector.

The Minister had earlier confirmed that actual construction of the 32 km section of highway will begin on May 3.

Finance » Be a reporter: Write and send your article
Tags: Rosen Plevneliev, Road Infrastructure Agency, Minister of Regional Development, Trakiya Highway, Nova Zagora, Stara Zagora
Advertisement
Advertisement
Expats.bg All Are Welcome! Join Now!
Bulgaria news Novinite.com (Sofia News Agency - www.sofianewsagency.com) is unique with being a real time news provider in English that informs its readers about the latest Bulgarian news. The editorial staff also publishes a daily online newspaper "Sofia Morning News." Novinite.com (Sofia News Agency - www.sofianewsagency.com) and Sofia Morning News publish the latest economic, political and cultural news that take place in Bulgaria. Foreign media analysis on Bulgaria and World News in Brief are also part of the web site and the online newspaper. News Bulgaria