KOCHI (Metro Rail News): On Thursday, SYSTRA S.A. -SYSTRA MVA Consulting (India) Pvt. Ltd. J.V. was declared as the lowest bidder for the General Consultant (G.C.) contract of Kochi Metro Phase -2.
However, Kochi Metro Rail Ltd (KMRL) cancelled the tendering process on Friday evening due to SYSTRA’s bid exceeding their original estimate by 59%.
The Joint Venture of SYSTRA won the contract with the lowest bid value and highest technical score beating the other bidders. It bagged the contract based on Quality and Cost Based Selection (QCBS).
The below table can be referred to know the financial positions of bidders involved in the contract:
| Bidder | Bid Value |
| SYSTRA JV | 49.57 crore |
| Louis Berger JV | 52.98 crore |
| DB – BARSYL JV | 59.99 crore |
| TYPSA – STUP – PEMS JV | 68.95 crore |
| AYESA – Aarvee JV | 86.11 crore |
Way back in November 2022, KMRL had invited tender for this project with an estimated cost of 31 crore, and the deadline for work completion was 1095 days.
This Pink line corridor which is 11.2 Km long, connecting Jawaharlal Nehru Stadium to Infopark (Smart City) will feature 11 elevated stations at Jawaharlal Nehru (JLN) Stadium, Palarivattom Junction, Palarivattom Bypass, Vazhakkala, Chembumukku, Padamughal (previously known as Kunnumpuram), Kakkanad Junction, Chittethukara, Cochin SEZ (Special Economic Zone), KINFRA (formerly Rajagiri), and InfoPark/Smart City.
Now, as the tendering process stands cancelled, the bids need to be re-invited for the third time with a revised estimate.
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