Lowest bids for repairing 38 km of M1 road exceed €218 million
The lowest bids for repairing 38 km of the M1 road already exceed €218 million, according to an independent analysis.
What it means for you
The contracts are not signed yet, so no new payment is due from you now. The analysis asks for an independent review before signing, so the €300 million loan from the EBRD is not spent inefficiently. The analysis says that switching to asphalt could, hypothetically, cut the budget by €32.7 million.
What happened
An independent technical and economic analysis says the reconstruction of the M1 Leuseni, Chisinau road risks overpayment and a lack of competition in tenders. For the largest lot, about 30 km, only one company bid: India's Afcons Infrastructure Limited, asking €151.79 million. The contracts have not been signed yet, and the National Road Administration (AND) has been asked for official explanations.
In short
- The lowest bid for the first lot, €66.34 million, came from China's Longjian.
- The highest bid for the same lot, €130.39 million, came from Afcons Infrastructure Limited.
- The authors discussed concrete paving instead of asphalt, which needs costly yearly maintenance of joints and crack repairs.
- The project is financed by the EBRD, with a loan of €300 million.
Original sources
- Scandal în jurul drumului M1: Reparația unui kilometru va costa €5 milioane · in RomanianRead it on Point.md
- Скандал вокруг трассы М1: ремонт одного километра обойдется в €5 млн · in RussianRead it on Point.md
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