NOIDA (Metro Rail News): M/s SIPL-AG JV has been awarded the tender for the “Construction of Foundations, Substructure & Superstructure with the River Training/Protection Work, Earthwork and allied works for Eight major Bridges in Between Chainage Km from 20+000 to Km 63+00, in connection with Bhanupali-Bilaspur-Beri New Railway Line in Rupnagar District and Bilaspur District of Punjab and Himachal Pradesh respectively“ by Rail Vikas Nigam Limited (RVNL). The accepted contract amount is INR 367,98,19,438.71 (Rs. Three hundred sixty-seven crore ninety-eight Lakh nineteen thousand four hundred thirty-eight and paise seventy-one only).
The work is anticipated to be completed within 30 months, with a Defect Liability Period of six months from the actual date of commencement. The bidder is requested to furnish the Performance Security within 28 days of receipt of the Notification of Award using the Performance Security Form No. COF/3 included in Section-8 (Contract Forms) of the Bidding Document.
The Performance Security shall be for an amount of 3% of the Accepted Contract Amount, excluding GST, which amounts to INR 9,35,54,730/- (INR Nine crore thirty-five lakh fifty-four thousand seven hundred thirty only). The same currency of the Accepted Contract amount in the prescribed form for the stated amount is valid for a period of 28 days beyond the issue of the performance certificate.
The construction of eight major bridges is part of the new Bhanupali-Bilaspur-Beri railway line, which runs through the districts of Rupnagar in Punjab and Bilaspur in Himachal Pradesh.
The tender was awarded to M/s SIPL-AG JV after the technical bid was opened on December 8, 2022, for the project. The development of new railway lines and the construction of major bridges would help boost the connectivity and transportation network of the region.
The project is an essential part of the railway development plan and would serve as an economic boost to the region, providing better connectivity and transportation for people and industries alike.
