Thursday, May 16, 2013

GMR to file technical bid for Philippines airport project


GMR Infrastructure, along with its partner Megawide Construction Corp, is all set to file technical bid for developing 17.5 billion peso ($425 million) Mactan-Cebu International Airport project in the Philippines, a senior company official has said.
GMR Infrastructure has three months to submit the bid documents as it was shortlisted in the pre-qualification bid.
"We will have to file technical bid first and later the financial bid for the project. We have three months time to submit the documents", the official told PTI.
All the seven groups who submitted the bid for the airport project were pre-qualified, according to reports in the Philippines media.
The financial bids will be opened on August 17 and a notice of award will be sent to the winner on September 17.
16/05/13 PTI/Daily News & Analysis
To Read the News in full at Source, Click the Headline