Croatian Roads: Here's Who Could Build Country's Most Expensive Road

By 18 December 2019

As Poslovni Dnevnik writes on the 17th of December, 2019, so far, five bids have arrived to Croatian Roads (Hrvatske ceste) for the construction of the state road D-403 in Rijeka, according to a report from Novi list.

Bids for the construction of the most expensive piece of road in the Republic of Croatia were opened on Monday morning by the company Croatian Roads, with the consortium consisting of Slovenia's Kolektor, GP Krk and Sarajevo's Euroasfalt, in the amount of 456.35 million kuna excluding VAT, or 570.44 million kuna with the VAT being the most financially favourable offer of all so far.

Following that comes the offer from Chinese CRBC, the company that is responsible for the construction of Pelješac bridge down in southern Dalmatia, in the amount of 586.34 million kuna with VAT, followed by an offer from the Italian consortium led by Rizzani deEcher, which would build the D-403 road for 598.38 million kuna in total.

The fourth bid to have arrived at Croatian Roads by the Austrian company Strabag comes with a price tag of 638.94 million kuna, while the most expensive offer has come from the Croatian-Turkish consortium consisting of Poduzeće za ceste (PZC) from Slavonski Brod and Yapi Merkezi, offering an amount of 718.37 million kuna, with the value added tax included, to carry out the works on the road.

The estimated value of the works in the procurement process stood at a massive 461 million kuna, excluding VAT, meaning that the only bid by the aforementioned Slovenian-Croatian-Bosnian consortium, which is even lower than that by 5 million kuna falls within the previously estimated amount, and the Chinese state owned company's offer is also close to that, but unfortunately exceeds the estimated amount by just over eight million kuna.

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