Tender for M0 motorway section announced
Monday, August 15, 2005, 09:04
The National Motorway (NA) Rt has announced a public procurement tender for the construction of a section of M0 motorway, daily Népszava reported. The M0 is a ring road connecting all major roads leading in Budapest and the new tender is for the section between roads no. 4 and 31 to the east and northeast of Budapest. The motorway section with twice two lanes must be finished by November 30, 2007. Those companies may apply that have Ft 8 billion as a minimum annual net revenue from road construction plus have a motorway construction reference. 85% of the construction costs will be financed by the European Union.