Saturday, December 21, 2013

Cidco gets nod for inviting private bids for Navi Mumbai airport

New Delhi: The civil aviation ministry on Friday paved the way for Maharashtra's town planning agency - City and Industrial Development Corporation (CIDCO) to go ahead with the process for inviting bids from private developers to build the Navi Mumbai airport.
"We have approved the draft request for qualification document for the Navi Mumbai airport sent by CIDCO," a senior official of the civil aviation ministry told ET. "CIDCO can now go ahead and complete the final formalities before issuing the RFQ and hosting pre-qualification meetings with interested bidders."
The RFQ sent by CIDCO earlier this month was cleared at a meeting of a steering committee formed by the civil aviation ministry for the Navi Mumbai airport project.
RFQ is a pre-bid process of the government which narrows down the interested bidders according to various criteria.
21/12/13 Economic Times
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