Govt invites tenders for BMIC

Govt invites tenders for BMIC
TIMES NEWS NETWORK

Bangalore: The Karnataka government on Thursday invited global bids for the BMIC project on the Swiss Challenge approach even as the case is pending in the Supreme Court.
The government had indicated its reluctance to permit Nandi Infrastructure Corridor Enterprise (NICE) to execute the BMIC project by filing an affidavit in the apex court on July 28. The affidavit stated that a US-based company, Global Infrastructure Consortium, has offered to implement the project where it was ready to build a monorail on a 17-km stretch, pay a selfimposed penalty for any delay and did not require excess land.
The bidders must submit applications by September 24; request for proposals will be issued from September 26 and the last date for submission is October 18. A pre-bid conference will be held on October 8. The award of the contract is subject to the decision of the high court and Supreme Court, where several petitions are pending, the government said.