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News » Canada » Tender period extended for Montreal rail project » published 8 Dec 2017

Tender period extended for Montreal rail project

The tender period for Montreal's CA$6bn Réseau électrique métropolitain (REM) transport nework is to be extended to allow for further discussions with the bidders to ensure best value for money.

CDPQ Infra, a subsidiary of Caisse de dépôt et placement du Québec, said that it is keeping the tender process open and launching a period of intensive discussions with the qualified consortiums for the engineering and construction contract.

The preferred consortiums for the two contracts (engineering and construction; rolling stock) will be selected by mid-February 2018, allowing construction of the REM to begin in the spring. The tender process will remain open until the end of January 2018.

CDPQ Infra said that, from the start of the project, it has based its work on two principles: rigour and the pursuit of the best value for money. In the last few weeks, it has analyzed the submissions for the project's two contracts.

For the engineering and construction contract, detailed analyses have demonstrated that additional discussions are required to achieve the best value for money. CDPQ Infra has therefore decided to launch a period of intensive discussions with the qualified consortiums for this contract.

The same verification and validation mechanisms overseen by the two external auditors and an independent committee will apply to the period of intensive discussions with the bidders.

For the rolling stock and operations contract, proposals received are in line with the major principles set by CDPQ Infra and so, additional discussions are not currently planned.

 

MPU

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This article was published on 8 Dec 2017 (last updated on 8 Dec 2017).

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