AP Govt Makes Changes to Amaravati Tender Process

Andhra Pradesh government has given an extension for the submission of counter bids for the development of 6.84 square km start-up area in Amaravati capital city on Public Private Partnership (PPP) mode under Swiss Challenge method. The extension is about a little over three weeks.

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The CRDA will also disclose the revenue share offered by the Original Project Proponent to the qualified bidders one week prior to the bid due date. According to the original time line, the bidders were supposed to file their counter bids by September 1, 2016 but now the time is extended up to September 23, 2016.

The declaration of the list of qualified challenging bidders and the opening of the Original Project Proponent’s commercial offer will be done on September 16. With this decision, all the legal decks before the development of 6.84 square km start-up area in Amaravati capital city on Public Private Partnership (PPP) mode will be cleared.