Four bidders for construction of three new metro stations
Wednesday, November 30, 2005, 11:00
Four of five invited contractors have submitted bids to build three stations on the number 4 metro line currently under construction in Budapest, according to a statement from the mayor's office. The four bidders in the public procurement procedure were: the PORR-AG-led Metro 4 consortium; the Ed Züblin AG; Strabag Construction Rt; and the Swietelsky Construction Rt-led Sw-O Metro-4 consortium. The results of the tender are expected to be announced within the next 60 days. The head the DBR Metro Projekt, which is in charge of investment for the project, declined to respond to queries regarding the budget for construction of the three metro stations. The tender for the building of the further six stations on the ten-station line has already been announced, though no bids have yet been received. The cost of the new Budapest metro line has been set at €1.75 billion until the end of the current decade, of which €875 million will come in the form of a loan from the European Investment Bank (EIB), while the city of Budapest will raise €184 million from its own sources and the remaining €691 million will come from the central budget.