The last date for submission of bids, or request for proposals (RFP), for the Mumbai Trans Harbour Link (MTHL) project has been extended by two months to June 5.
The last date for submission of bids, or request for proposals (RFP), for the Mumbai Trans Harbour Link (MTHL) project has been extended by two months to June 5. An RFP document refers to the final stage of a project’s proposal and is floated subsequent to the request for qualification (RFQ). Those selected after the RFP are awarded the contract.
The earlier date for submission of the RFQ documents was April 5. A senior Mumbai Metropolitan Region Development Authority (MMRDA) official associated with the project told FE, following the submission of bids, it would still take over a month to evaluate the final bids and award the project to the winning bidders.
Meanwhile, the funding agency for the project, the Japan International Cooperation Agency (JICA), has agreed to disburse Rs 8,000 crore for the first phase of the project. Envisaged to be the longest sea bridge in the country with a length of 22-km, the project is estimated to cost `17,750 crore, of which JICA has agreed to fund 85%. The remaining funds will be disbursed in the second phase of the project, in about two years time after construction begins.
MMRDA, the nodal agency in charge of executing the project, will fund 15% of the total cost of the project. The project has been divided into three packages for which over 31 companies have submitted their bids thus far. Companies in the fray include Indian engineering major Larsen & Toubro (L&T), China-based China Railway Construction Bridge Engineering Bureau Group, China Railway and China Harbour Engineering as well as Spanish firms Obrascon Huarte Lain and Constructora De Proyectos Viales de Mexico.
The MTHL project, which was first conceived in 2004, has seen its cost escalate from about Rs 4,500 crore in 2005 to Rs 17,500 crore. However, the toll for passenger cars is expected to remain between Rs 175 and Rs 220 as was envisaged in 2012. Commercial vehicles may be asked to pay Rs 800 one way.