Deals1 Jan 2025, 05:18 pm
RITES Ltd Secures Major Order from Ministry of Public Works, Guyana: USD 9.7 Million Contract for Highway Upgradation
AI Summary
RITES Ltd has been notified of the Intention to Award from the Ministry of Public Works, Government of the Co-operative Republic of Guyana for the upgradation of the Palmyra to Moleson Creek Highway- Lot 1-3. The contract, valued at USD 9,713,470 excluding taxes, is a Design-Build-Finance project and will be executed over a total period of sixty (60) months, including pre-construction, construction, and post-construction periods.
Key Highlights
- RITES Ltd emerges as the top scorer in the bidding process
- Contract value: USD 9.7 Million
- Project duration: 60 months
- Project location: Palmyra to Moleson Creek Highway- Lot 1-3, Guyana
- Project type: Design-Build-Finance