Two bidders compete for Saudi high speed railway project
By UNCLLS payday loans
| SRO has announced that only two consortia, a French-Saudi group Al-Rajhi Alliance and Spanish-led Al-Shoula Consortium have submitted their technical and financial offers to Saudi Railways Organization. At least five groups, including German, Chinese and South Korean firms, had qualified for bidding to build the 450-kilometer (275-mile) Haramain railway linking Islam's holy cities through the Red Sea port of Jeddah. President of SRO, Eng. Abdulaziz Mohammed Al-Hokail said that the experts from SRO, PIF, Scott Wilson, and Dar Al Handasah in a joint venture with Getinsa will verify the technical offers before opening the financial offers in accordance with the methodology and international standards to ensure transparency in the evaluation and to make sure that the consortium, that wins the contract, fulfils all the technical and operational requirements. The new contract would include construction of railway tracks, installation of signal system and telecommunications, the procurement of rolling stock and equipment, and maintenance for the entire infrastructure for a period of 12 years. The financial offers will be opened only after making sure that competing Consortium has fulfilled the technical requirements by at least 80 percent as mentioned in the request for proposals document (RFP) and in the Instructions to Tenderers (ITT). |
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Bidding Consortia:
| Consortium Name |
Consortium Leader | Track & Systems |
Rolling Stock | Operator & Maintainer |
Classified Class 1 in Roads | Saudi Consortium Member |
| Al-Shoula Group | Al-Shoula Group | Copasa/Imathia/ Cobra /OHL/ Dimetronic /INABENSA/Indra |
Talgo | Renfe/Adif/ Consultrans /Imathia/Ineco |
Al-Rosan for Construction | Al-Shoula Group |
| Al-Rajhi Alliance | Al-Rajhi Holding Group | Arrab Contracting Company/Alstom/ Thales & Orascom |
Alstom | SNCF/Al-Rajhi Holding Group/Alstom |
Arrab Contracting Company | Al-Rajhi Holding Group/Arrab Contracting Company |
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