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Pre-contract negotiations for depot construction of MRT-5 accepted

Pre-contract negotiations for depot construction of MRT-5 accepted
DMTCL logo: Collected
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The Dhaka Mass Transit Company Limited (DMTCL) accepted construction of civil and building works at Depot of MRT Line-5, Northern Route, in accordance with the pre-contract negotiations.

Project Director Abdul Matin Chowdhury of Dhaka Mass Rapid Transit Development Project (Line-5): Northern Route under the DMTCL issued the letter of acceptance on October 8.

As per the letter of acceptance, the accepted contract amount totaling is Tk 15.787 billion, including Tk 5.343 billion, Japanese Yen JPY 460 million and US$82.493 million.

It requested to furnish the performance security within 28 days in accordance with the conditions of contract and minutes of pre-contract negotiations.

The DMTCL also requested to furnish the breakdown of unit prices in the bill of quantities within the time and in a form agreed as stipulated in the minutes of pre-contract negotiations.

As per the contract, the accepted contract amount shall not include VAT and income tax at source for the works imposed in Bangladesh.

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