Caudan Interchange: Rs 95 Million Less than Estimates

12 years, 6 months ago - 9 June 2012, Le Matinal
Caudan Interchange: Rs 95 Million Less than Estimates
"The Caudan exchanger, initially estimated at Rs 320 million, that ultimately will cost Rs 225 million, 95 million less."

This announcement was made ??by the Top Management of Ministry of Public Infrastructure and that of the Road Development Authority (RDA) during a joint press briefing on Friday to shed light on the exercise of allocating contracts following criticism from the opposition during the recent parliamentary sessions.

"This is the Central Procurement Board, which is proceeding on the exercise of tenders for contracts of over Rs 100 million," said Caderssen Dorsamy, CEO of the RDA. The allocation of the contract shall be strictly as recommended by the CPB. 

"Changes in the value of contracts are inevitable. Moreover, any contract made ??provision for a price adjustment. These variations, for various reasons are endless, "brought out the No. 1 of the RDA. From 2005 to date, he said, of 22 completed contracts, 16 cost less than the contract amount. 

Regarding interchange Caudan Caderssen Dorsamy said only two companies had participated in the call to tender. "There was a significant difference between the two offers, one at Rs 259 million and the other at Rs 125 M. The CPB has been evaluated and noted omissions and deviations in the contract the cheapest. Nevertheless, the independent body has retained conditional offer above. After adjustment, the contract was set at Rs 225 million, "he said. 

He defended some of the variation by the presence of buried pipes on the route of the project. "Unfortunately, there was no record of the prior presence of these pipes dating from 1958," according to representatives of the RDA.

The top management of the parastatal institution also rejected the allegations of the opposition to the effect that the company Sinohydro Corporation Ltd., which obtained the contract for the construction of the third way of Pont Colville Grewals, would be blacklisted. "Sinohydro Corporation Ltd. is not on the blacklist issued by the World Bank," said concerned