Street reconstruction in the town of Iskar

Summary

The procurement covers reconstruction works on approximately 2,489.47 metres of streets in the town of Iskar, comprising ten street sections and classified as Category IV construction. The estimated value is EUR 2,497,566.58 and the planned duration is 120 days. Price is the sole award criterion, and bids must be submitted electronically. Bidders must hold the required construction registration, demonstrate the specified turnover and street or road construction experience, have the required professional liability insurance, and provide a team of three different specialists. The successful contractor must provide a performance guarantee equal to 3% of the contract value excluding VAT. An advance payment of up to 20% of the works price for the relevant site section may be made, subject to a guarantee covering the advance. Funding had not been secured when the procedure was launched: contract performance depends on funding being obtained, and in the event of partial funding, only work covered by that funding may be ordered.