Thailand’s Ch Karnchang Pcl has offered the lowest bid to build an elevated train system for Bangkok’s “green line” mass transit project, a government agency said on Thursday.
It bid 14.14 billion baht ($462 million), lower than the 14.27 billion from Sino-Thai Engineering and Construction Pcl and 14.32 billion from Italian-Thai Development Pcl , a senior official at the Mass Rapid Transit Authority told reporters.
The 12.6-km (7.8-mile) elevated line will provide a link to the eastern province of Sumut Prakarn and will connect with the Skytrain operated by Bangkok Mass Transit System, a unit of BTS Group . ($1 = 30.58 Baht)
Ch Karnchang Plc wins the bid to construct the Green Line electric train route, beating Sino-Thai Engineering and Construction Plc and Italian-Thai Development Plc.
According to Peerayuth Singpatanakul, assistant governor of the Mass Rapid Transit Authority of Thailand as chairman of the bid screening committee, said that Ch Karnchang offered the lowest bid price at Bt14.14 billion. Sino-Thai and ITD quoted their bids at Bt14.27 billion and Bt14.32 billion, respectively.
“The committee will move on with the negotiation for a discount, and the lowest evaluated bid would be submitted to the MRTA’s board of directors for approval. The Cabinet will then be informed of the bidding result. We expect the contract to be signed in August,” he said.
The bid is for the first contract of the train line which links Soi Bearing and Samut Prakan. It involves the construction of the 12.6-km elevated track, 7 stations, a flyover bridge, a depot and a park and ride building. The median price is set at Bt14.16 billion.
The MRTA is in the middle of estimating the median price for the rolling stock, which could cost about Bt2.5 billion. The bid document should be available for sale soon, the assistant governor said.