Auction procedures were previously canceled due to errors in project paperwork.
The auctions had been organized in February and cancelled in April to avoid breaching the legislation, considering that subsequent contestations brought to light various errors and omissions in the auction announcement.
CFR said Friday that auction procedures to award the four contracts for the rehabilitation of 141.3 km of rail are scheduled for July 29.
Works are likely to start in September at the earliest and their overall value is estimated at RON8.2 billion, VAT not included. The contracts will be awarded through open auction, to the lowest bidder, and will run for 5 years (three years for the execution of works and a two-year grace period).
Financing for the project is covered by EU funds through the EU-funded operational program for Transport for 2007-2013 and 2014-2020, and by state budget funds.