Saturday, November 16, 2013

Cidco to float tenders for airport partner

Navi Mumbai: The City and Industrial Development Corporation (Cidco) will soon go ahead with its global tendering of request for qualification (RFQ) to appoint a strategic partner for developing the proposed international airport at Panvel.
This move comes after Prime Minister Manmohan Singh okayed the compensation package offered to the villagers and most of them accepted it.
The comprehensive RFQ document involves evaluating the pre-qualification criterion of bidders, followed by request for proposal (RFP) that includes the technical aspects of the airport and those qualifying being asked to make the commercial bid.
The appointment of a strategic partner would be for the four-phase development of the Rs 15,000 crore airport project, with an investment of around Rs 5,000 crore for the first phase.
15/11/13 Sanjay Banerjee/Times of India
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