Turkish, French Company Drop Out of Competition for Hemus Motorway SectionBusiness | June 24, 2015, Wednesday // 15:58| views
Photo by BGNES
A Turkish and a French company have dropped out of the competition for the construction of a Hemus motorway section between Ugarchin and Pleven.
After Turkish Ege Asfalt Maden ?n?aat Nakliye Sanayi Ve Ticaret Anonim ?irketi and French NGE Contracting dropped out of the competition for the 36-kilometer motorway, a total of six candidates remained in the race for the motorway stretch with a projected price of BGN 266 M, VAT excluded, according to reports of dnevnik.bg.
As regards the 23-kilometer section of the Hemus motorway connecting Yablanitsa and Ugarchin, all of the eight candidates passed the selection phase successfully.
The Yablanitsa-Ugarchin section has a projected price of BGN 168 M.
The motorway is to be extended by nearly 60 kilometers 2018 and the construction works are to be financed with over BGN 400 M from the state budget.
The competition for a contractor for the Hemus motorway takes place in two stages.
The first stage, during which the candidates were required to prove their experience in the field, their turnovers, their level of mechanization, and the expertise of their staff, was wrapped up.
The second stage involves the submission of technical and price bids but the deadline has not yet been specified.
The two bidders that were dropped out of the competition can appeal the decision in 10 days at Bulgaria’s Commission for Protection of Competition.
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