STOCKWATCH
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Civil Construction
Deals6 Sept 2024, 02:50 pm

RITES Ltd Emerges as Lowest Bidder in UP State Bridge Corporation Tender with Estimated Value of Rs. 60.03 Crore

AI Summary

RITES Ltd has emerged as the lowest bidder (L-1) in a tender floated by UP State Bridge Corporation Limited for Consultancy Services for Construction of Civil works (CSC) for supervision, Monitoring, Quality Control and Work Zone Safety for Construction of Bridges, Rail Over/Under Bridges, Flyovers and Elevated Roads including approaches in several districts of Uttar Pradesh. The estimated value of the bid is Rs. 60.03 Crore plus GST. The order is subject to award after the due process of scrutiny / evaluation by the UP State Bridge Corporation Limited as per the requisite requirements mentioned in the tender documents.

Key Highlights

  • RITES Ltd is the lowest bidder in the UP State Bridge Corporation Limited tender.
  • The estimated value of the bid is Rs. 60.03 Crore plus GST.
  • The tender is for Consultancy Services for Construction of Civil works (CSC) for supervision, Monitoring, Quality Control and Work Zone Safety for Construction of Bridges, Rail Over/Under Bridges, Flyovers and Elevated Roads including approaches in several districts of Uttar Pradesh.
  • The order is subject to award after the due process of scrutiny / evaluation by the UP State Bridge Corporation Limited.
  • The tender was for domestic entity awarded by a domestic entity.
RITES
Civil Construction
RITES Ltd

Price Impact