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Three Top Mumbai Companies In The Race To Build New Parliament Complex

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Home Featured

Three Top Mumbai Companies In The Race To Build New Parliament Complex

by OB Bureau
August 12, 2020
in Featured, Government, India, Policy & Politics
Reading Time: 2 mins read
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New Delhi: Seven companies had originally bid for the construction of a new Parliament complex. The list has now been narrowed down to three.

Those in contention are Mumbai-based construction companies Larsen & Toubro Limited, Tata Projects Limited and Shapoorji Pallonji & Company Private Limited. The three bidders have qualified to submit financial bids, according to report in the Hindustan Times.

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The four companies which have been rejected by the Central Public Works Department (CPWD) are Mumbai-based construction and civil engineering company ITD Cementation India Limited, Hyderabad-headquartered NCC Limited, PSP Projects Limited of Ahmedabad and Uttar Pradesh state government’s UP Rajkiya Nirman Nigam Limited.

After pre-qualification bids were invited in a two-bid system to construct a triangular-shaped building on a built-up area of around 60,000 square metres on Plot No. 118 of the Parliament House Estate, adjacent to the existing Parliament building, seven companies had shown interest.

“The bid documents as submitted by the agencies on-line were processed and scrutinized as per initial eligibility criteria as laid down in the subject pre-qualification document. After obtaining clarifications from bidders and their clients as mentioned in their bid documents, evaluation has been done for all the bidders wherever feasible on the basis as prescribed in the said pre-qualification document,” a CPWD circular said.

The estimated the cost of the project is approximately Rs 889 crore.

The new Parliament building will have halls with a bigger seating capacity for Lok Sabha and Rajya Sabha, offices for members of Parliament, a courtyard, dining facilities and a lounge for lawmakers. Work is likely to begin after Parliament’s winter session and is expected to be completed by the end of 2022.

The new Parliament complex will be among the first projects to be finalised and tendered out as part of the Central Vista redevelopment, which includes plans to turn North and South Block into a museum and the construction of new administrative offices with an underground metro.

Tags: Central Public Works Departmentconstruction companiesfinancial bidsLarsen & ToubroMumbainew Parliament complexShapoorji PallonjiTata Projectstriangular-shaped building
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