To participate directly in the financial bidding for highway projects in 2013 the National Highways Authority of India (NHAI) has pre-qualified 61 infrastructure companies. In the list, there are two companies that can bid for projects involving capital cost of Rs 14,411 crore. Three firms in the list can put in financial bids directly for the highway construction projects of between Rs 8,000 crore and Rs 10,000 crore.
To cut the time involved in bidding process, annual pre-qualification for highway projects was introduced by the road sector in 2011.
The shortlist is valid till December this year. The shortlisted companies will be able to directly put in financial bids for the particular price bracket they have qualified for, without having to go in for the technical round every time – which used to be the procedure earlier, said sources.
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