Construction
28 Mar 12
Deadline approaches in Bosphorus bid
Bidding closes next week for the revised tender to build the third Borphorus Bridge.
The project is being tendered again as no-one bid in January. The size of the scheme has now been scaled down to about US$2.5 billion from the original US$6 billion.
The bridge is being bid in parallel with a contract to privatise 2,236km of highways including the two existing Bosphorus bridges.
Final bids for the building of the third bridge over the Bosphorus takes place on 5 April, which is also the final application date for preliminary qualification regarding the highway and bridges privatisation.
The bridges and highways that will be privatised as a single package include; the two bridges over the Bosphorus with their ring roads as well as eight other motorways. The final bidding date is 17 May.
