The contract is assessed at RON559.2 million, net of VAT. The roads authority may then choose to acquire additional services, taking the contract value up to RON655.1 million, net of VAT.
The project, co-financed with EU funds, will take four years. The roads authority approved the route of the 19.5-kilometer beltway back in 2006.
Contractors will be selected through open auction, by the lowest price. Bids are expected by November 10.