Saturday, May 03, 2014

Cidco seeks extension of bidding time for airport

Navi Mumbai: The City and Industrial Development Corporation (Cidco) will put up a proposal, on Wednesday, before the Project Monitoring and Implementation Committee (PMIC) to seek an extension on bidding time for request for qualification (RFQ) for the Navi Mumbai International Airport (NMIA) project. The current deadline is June 18.
This development comes at a time when, according to reports, Tata Realty and Infrastructure is looking at a possible joint venture with Ferrovial SA of Spain — the biggest shareholder of London's Heathrow Airport — to bid for the NMIA project. Ferrovial SA and Tata Realty and Infrastructure are among the companies that responded to the RFQ floated by Cidco on February 5.
Cidco MD Sanjay Bhatia said, "At the pre-bid meeting held in the first week of April, bidders had sought an extension of the deadline. They required more time and there were some queries. So, we will approach the PMIC. In the meantime, we are also going to give a relief and rehabilitation (R&R) award to one village in about 20 to 25 days."
03/05/14 Sanjay Banerjee/Times of India
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