The auction targets construction works on the fifth mainline (Drumul Taberei – Universitate), section 1, Raul Doamnei – Eroilor (Opera) and the second mainline (Universitate – Pantelimon), section 1 – station, depot and connection tunnel Valea Ialomitei.

According to Metrorex, the total value of the contract to be awarded is estimated at RON856 million (VAT not included). Works are estimated at RON778 million (VAT not included) and RON77.8 million have been earmarked for unexpected expenses. The contract will run for 16 months from the awarding date and the auction participation guarantee is RON15 million.

Interested bidders have until August 12 to file offers, which will be open on August 19.

Financing sources are covered by the amounts earmarked for the fifth mainline, namely, from the state budget, an external loan from the European Investment Bank (EIB) and external non-reimbursable funds.

Currently, around 600,000 people take the subway daily in Bucharest, namely one third of the capital’s population.

Metrorex targets investments of EUR900 million by 2020, of which EUR600 million will be covered by EU funds.