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Civil Construction of New International terminal - Tender Awarded to M/s.L & T Ltd
 
The Tender for the Civil Construction of the 15 lk sq. ft New international Terminal Complex has been awarded to M/s. L & T Ltd., Chennai. The CIAL Board in its meeting held on 31st Dec. 2013 approved the tender and allotment to L & T. The Total project cost is Rs.284.14 crs which is 11.24% above the estimate of Rs.255 crs.
 
As per the approval of   92nd Board of Directors, tenders for the construction of the 15 lk sq. ft new International Terminal Building  was invited by CIAL from Indian contractors in the first week of November 2013 . The total estimated value of this  package is Rs 255 Crores. This estimate covers the works like pile foundation, RCC works (for conventional beams, slabs, columns, pre-stressed beam and slab), masonry works, plastering, concrete flooring, Roofing, etc of the Terminal building and masonry work  of  operational area compound wall. The time of completion given for this tender  is 18 months.
 
After the sale of tender documents, the prebid meeting was conducted at CIAL on 25.11.2013 successfully wherein 8 tenderers took part. The last date of submission of prequalification bid and financial bid of this tender was 09.12.2013. Out of the 08 agencies, who purchased the tender documents, 4 agencies submitted their bid on 09.12.2013. Based on Technical / Pre Qualification Bid, opened on 09.12.2013 out of these 04 agencies, 03 agencies were shortlisted. The financial bid of these agencies opened on 21.12.2013 in presence of the representatives of the short listed agencies and of this M/s L & T Limited, Chennai. Quoted (+) 11.73% above the estimate of Rs.255 crs. However based on our negotiation, they reduced it to Rs.284.14 crs.
 
For cost effectiveness of the entire expansion project, as was done in the past, CIAL is not resorting to turn key contracts now also. CIAL is planning to invite tenders for balance works like flooring, false ceiling, electrical works, Airconditioning, fire fighting etc as separate  packages simultaneously during the progress of the project. The tendering activities for operational area related works like parking bays, taxi links etc will also be started immediately.
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