The Chairman of the Capital Development Authority, Retired Captain Anwar ul Haq, has approved the bid from M/s Railway Construction for the construction of bicycle tracks across Islamabad.
After a technical evaluation, financial bids were opened in late January, revealing M/s Railway Construction as the lowest bidder, followed by M/s National Logistics Cell (NLC). The initial engineer’s estimate for the project was Rs. 2.4 billion.
M/s Railway Construction submitted a bid of Rs. 2.43 billion, while M/s NLC quoted Rs. 3.72 billion, significantly higher than both the estimate and M/s Railway Construction’s bid.
The project committee has decided to award the contract to M/s Railway Construction as the lowest bidder. Out of the total amount, Rs. 2.16 billion will be allocated for civil works, Rs. 150 million for electrical works, and Rs. 121 million for ancillary works.