Financial Bid Info Submitted by Infra Companies to Build Mumbai Metro’s Line 3 (Colaba-SEEPZ)

With the Mumbai Metro Rail Corp recently (and finally) opening the financial bids submitted by infrastructure companies to build Mumbai’s Line 3 from Colaba to SEEPZ on October 5, it was instantly known which companies emerged as the lowest bidder for the seven contracts. In case you missed the news, here’s the list again:

•  Contract MM3-CBS-UGC-01 – Cuffe Parade – CST
Lowest Bidder: Larsen & Toubro Ltd/Shanghai Tunnel Engineering Co. Ltd

•  Contract MM3-CBS-UGC-02 – CST – Mumbai Central
Lowest Bidder: OSJC Moscow Metrostroy – Hindustan Construction Co.Ltd

• Contract MM3-CBS-UGC-03 – Mumbai Central – Siddhivinayak
Lowest Bidder: DOGUS – SOMA

• Contract MM3-CBS-UGC-04  – Siddhivinayak – Dharavi
Lowest Bidder: Continental Engineering Corporation – ITD Cementation India Ltd – Tata Projects Ltd

• Contract MM3-CBS-UGC-05 – Dharavi – Domestic Airport
Lowest Bidder: J.Kumar Infraprojects Ltd – China Railway No.3 Engineering Group Co. Ltd

• Contract MM3-CBS-UGC-06  – Domestic Airport – Marol Naka
Lowest Bidder: J.Kumar Infraprojects Ltd – China Railway No.3 Engineering Group Co. Ltd

• Contract MM3-CBS-UGC-07 – Marol Naka – SEEPZ
Lowest Bidder: Larsen & Toubro Ltd/Shanghai Tunnel Engineering Co. Ltd

Now as per a photo of an excel spreadsheet that I managed to obtain, here’s a table of all the financial bid amounts submitted by different consortia for each contract. The lowest bid has been highlighted in pink:

snap of financial bids received

Few interesting pointers:

• Sum of all the lowest bids for civil construction comes out to 19472.53 crores. The line is estimated to cost Rs 23,136 crore.
• Larsen & Toubro (L&T) being the 800 pound gorilla in town bid for all seven sections.
• The average difference between the highest & lowest bids submitted for all sections was roughly 469 crore. The lowest difference was for UGC07 (204.63 cr) and the highest for UGC 3 (811.05 cr).
• In a major coincidence, for UGC04 and UGC06, the difference between the lowest bidder and the 2nd lowet bidder in each case was just 56.15 crores. While CEC-ITD-TATA’s bid for UGC04 of 3000.89 cr beat J. Kumar’s bid of 3057.04 cr by 56.15 cr, J Kumar’s bid for UGC06 of 2245.99 cr in turn beat CEC-ITD-TATA’s bid of 2302.14 cr again by 56.15 cr!

With the lowest bidders now determined, it’s only a matter of days before the contracts are handed out. With that, I expect preliminary site barricading work to begin in January 2016.

For more updates on Mumbai’s Metro, please check out the Mumbai section of The Metro Rail Guy!

– TMRG