📋 Tender Overview
Scope : To Construct 3.8 km long Kundalika Creek Bridge in Ratnagiri Distict, Maharashtra
Kundalika Creek Bridge is 3.8 km long Kundalika Bridge with 2 lanes will connect Revdanda and Salav over Kundalika River in Raigad District. This bridge is also referred to as Revdanda Creek Bridge.
MSRDC’s Estimate: Rs. 1061.67 crore
Construction of Major Bridge across Kundalika Creek between Revdanda to Salav on Revas Reddi Coastal Highway in Ratnagiri District on EPC Mode
Ashoka Buildcon Ltd. (ABL) was declared as the lowest bidder for the civil construction work of new bridge over Kundalika river on EPC mode in western Maharashtra.
Bridge on Maharashtra State Highway SH-4 (Revas – Reddi Coastal Highway) are part of a series of at least 8 new bridges being built by Maharashtra State Road Development Corporation (MSRDC) across creeks and rivers to cut down driving times between towns along the Arabian Sea.
MSRDC had invited bids for bridge’ construction in March 2024 with a 3 year construction deadline. Technical bids was opened on May 21 to reveal 2 bidders for contract – Ashoka Buildcon and Hindustan Construction Company (HCC).
Ashoka’s bids of Rs.1357.87 crore for Kundalika Bridge was 27.89% higher than MSRDC’s estimates, so unless MSRDC budges and meets Ashoka’s bid, then will head to a second round of bidding. Negotiations can only do so much.
