The lowest price for a major new infrastructure project financed by the US Agency for International Development (USAID) has come from ABB SUSA, one of three US firms that participated in the tender, for utilities in Middle Egypt.
The three companies each submitted fixed local currency quotes of £E 120 million ($26 million) plus competing prices for the dollar component. ABB SUSA's price was $96 million, followed by Contrack International, at $101 million, and Morganti, at $113 million.
The project entails building water and wastewater facilities in El-Minya, Beni Suef and El-Fayoum. The consultant is Harza Engineeringof the US (MEED 22:2:02).
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