Surprise low bid for Dubai Metro’s Route 2020

Surprise low bid for Dubai Metro’s Route 2020 :A team of Turkey’s Nurol, Italy’s Astaldi and Spain’s Construcciones y Auxiliar de Ferrocarriles (CAF) has submitted the lowest commercial offer for the contract to design and build the new metro link connecting to the Expo 2020 site.

The group submitted a price of about AED7bn ($1.9bn) with no alternative offer, which is 29 per cent smaller than the second-lowest offer of about AED10bn with no alternative offer.
Metro results*

Nurol (Turkey) / Astaldi (Italy) / Construcciones y Auxiliar de Ferrocarriles (Spain) – AED6,998,874,922 (no alternative offer)
Mapa Gunal (Turkey) / China Railway Group (China) / CSR Corporation (China) – AED9,891,387,231.14 (no alternative offer)
Orascom (Egypt) / Yapi Merkezi (Turkey) / GS Engineering & Construction (South Korea) / Siemens (Germany) – AED10,019,449,463 (no alternative)
Acciona (Spain) / Gulermak (Turkey) / Alstom (France) – AED10,224,868,000 (base offer), AED9,975,831,483 (alternative)
Obayashi (Japan) / Wade Adams (local) / Consolidated Contractors Company (CCC; Athens-based) / Mitsubishi Heavy Industries (Japan) – AED10,394,846,241 (base offer), AED10,341,846,241 (alternative offer)

*=All five consortiums provided financing offers.

The scheme, known as Route 2020, involves building a 15-kilometre-long line branching off the existing Red Line at the Nakheel Harbour & Tower station, between the Ibn Battuta Mall and Jumeirah Lake Towers stations. The line will also connect to Al-Maktoum International airport.

About 11km of the line will be elevated, with five elevated stations and two underground stations.

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