Central Vista project: Size, estimated cost of MPs’ complex reduced
The CPWD floated a modified pre-qualification bid for the 'MP Chambers' project with an estimated cost of Rs 1,210 crore and total plinth area of 98,000 sqm.
The CPWD floated a modified pre-qualification bid for the 'MP Chambers' project with an estimated cost of Rs 1,210 crore and total plinth area of 98,000 sqm.
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The Central Public Works Department (CPWD) on Thursday modified the size and estimated cost of the proposed office complex for MPs to be built near Parliament, reducing the cost by Rs 225 crore and the total plinth area by 20,000 square metres.
The CPWD floated a modified pre-qualification bid for the ‘MP Chambers’ project with an estimated cost of Rs 1,210 crore and total plinth area of 98,000 sqm. In November 2022, the government construction agency had first invited pre-qualification bids for the project with an estimated cost of Rs.1,435 crore and total plinth area of 1,18,000 sqm. Now, the buildings in the complex are proposed to be eight storeys, while earlier the proposal was for 10-storied structures. A CPWD official said the design of the project had been changed.
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In Thursday’s call for bids, for which the last date is January 27, the CPWD also revised downwards the financial criteria for potential bidders. The eligibility criteria were revised from an annual financial turnover of Rs 430.50 crore to Rs 363 crore and the minimum net worth from Rs 143.5 crore to Rs 121 crore. The winning bidder would also get less time to complete the project, with the deadline being reduced from 36 months to 30 months. Once the potential bidders are selected, the CPWD will invite financial bids, based on which a company would be selected.
The ‘MP Chambers’ project would come up at the site of Transport Bhawan and Shram Shakti Bhawan after demolition of the existing structures, as a part of the larger revamp of the Central Vista area.
“The proposed office buildings shall be of reinforced cement concrete framed structure building. The existing structures on plot number 119 are to be demolished before the start of the new construction…The proposed/subject work will be designed to improve potency and functioning through carefully planned formation of all MP offices with supporting facilities,” the pre-qualification bid document said.
Damini Nath is an Assistant Editor with the national bureau of The Indian Express. She covers the housing and urban affairs and Election Commission beats. She has 11 years of experience as a reporter and sub-editor. Before joining The Indian Express in 2022, she was a reporter with The Hindu’s national bureau covering culture, social justice, housing and urban affairs and the Election Commission. ... Read More