SYSTRA JV Wins Kochi Metro Phase 2 GC Contract but Tendering Process Cancelled

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).