RITES has recently informed exchanges that the company is the lowest bidder (L-1) in the tender floated by Tanzania Railways Corporation for the supply, testing and commissioning of four diesel multiple units for MGR.
As per the filing, the company also shared, “The order is subject to award after the due process of scrutiny/ evaluation by the Tanzania Railways Corporation as per the requisite requirements mentioned in the tender documents. The estimated value of the bid is USD 2,67,40,000 plus VAT.”
Here are the key details of the contract:
- Total Contract Value: USD 2,67,40,000
- Awarding Entity: Tanzania Railways Corporation
- Nature of Work: Supply, testing and commissioning of 4 Diesel Multiple units for MGR
- Domestic or International: International
- Execution Timeframe: 547 days from the date of issuance of Letter of Award.
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RITES