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ITD Cementation emerged lowest bidder for construction of Surat Metro Dream City Depot

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SURAT (Metro Rail News): Gujarat Metro Rail Corporation (GMRC) opened financial bids on June 10 for the work related to the construction of Dream City Depot for Line-1 of Surat Metro and ITD Cementation India Ltd. emerged as the lowest bidder among the nine bidders for this contract quoting bid value of INR 334.13 Crores.

The work also includes construction of Metro Bhavan and Operations Control Centre (OCC) for this corridor. GMRC invited tenders for this work in January this year with an estimated cost of INR 346 Crores and completion period of 20 months. Technical bids for this contract were opened in March which revealed name of nine bidders. The bid values of nine bidders is given below –

  • ITD Cementation – INR 334.13 Crores
  • KEC International – INR 346.28 Crores
  • URCC – INR 352.10 Crores
  • Ranjit Buildcon – INR 356.51 Crores
  • Sam India Builtwell – INR 359.34 Crores
  • ISGEC Heavy Engineering – INR 365.71 Crores
  • PSP Projects – INR 386.02 Crores
  • Engineering Projects India – INR 397.34 Crores
  • Kunal Structure – INR 436.38 Crores

Tender Notification Number – GMRC/CONS/DC 01/Surat/PH-1/2021

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Name of Work – Development and Construction of Dream City Depot including Metro Bhavan, OCC and associated E & M works under corridor C1, Sardhana to Dream city, in connection with Surat Metro Rail Project, Phase-1, Package DC-01.

The Metro depot along with Metro Bhavan and OCC will be constructed for Line-1 of Surat Metro which comprises construction of 21.61 km long corridor from Sarthana to Dream City with 20 stations on the route. The corridor has elevated portion of 15.14 km and underground section of 6.47 km. This corridor will be built in four packages for which contracts are already awarded for three packages with tender notice for last package is still pending.

As the bid value quoted by ITD Cementation India is well below GMRC estimate, it is most likely that they will be awarded contract for this work in next few weeks.

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