Hyderabad Airport Metro Limited (HAML) has decided to give another week’s time for the prospective bidders to be selected as EPC (engineering, procurement and construction) contractor for the 31-km ₹6,250 crore Airport Metro project with the bids slated to be opened on July 12.
HAML Managing Director N.V.S. Reddy said prospective bidders had requested for more time to evaluate the project and to do the paper work. The government had decided to extend the time from the original submission date of July 5 considering the ‘complicated’ nature of the project.
After the bid documents are submitted, technical bids will be evaluated followed by the financial bids for the project and it could take about 10 days to finalise the firm or consortia which has bagged the project.