Tender offer for Moscow – St Petersburg highway

Bidding is strong for work on a key section of the Moscow to St Petersburg highway. Several offers have been made for the project, which will connect the Businovskaya and MKAD junction to Festivalnaya Street, and a junction of Festivalnaya Street and MKAD. Both Mostotrest and ARKS are tendering for the work. The tender results will be announced on 20th November 2012. The authorities have stated that the contract price should not exceed US$946 million.

November 1, 2012 Read time: 1 min

RSSBidding is strong for work on a key section of the Moscow to St Petersburg highway. Several offers have been made for the project, which will connect the Businovskaya and MKAD junction to Festivalnaya Street, and a junction of Festivalnaya Street and MKAD. Both 2450 Mostotrest and ARKS are tendering for the work. The tender results will be announced on 20th November 2012. The authorities have stated that the contract price should not exceed US$946 million. The 5,316km highway will include 15 viaducts measuring a total of 2,760km. Both Mostotrest and ARKS are major players in the Russian market. Mostotrest is currently building a section of the Moscow – St Petersburg highway, while ARKS is working on various major projects in Moscow.

For more information on companies in this article

Mostotrest

Implementation of road building projects in Russia’s Moscow may be significantly delayed

Implementation of some large-scale investment projects for road building in Russia’s capital Moscow may be significantly delayed A series of major documentation issues are the cause of the problem. These have delayed projects for up to nine tenders on the total sum of US$2.6 billion (95 billion rubles), with anomalies having been found by the Russian Federal Anti-Monopoly Service.