The local Pivot Engineering & General Contracting Company is the low bidder at AED 96 million ($26.3 million) for the third package on the Al-Raha beach development project.
Twelve contractors submitted rebids by the 15 October deadline. The client, Abu Dhabi's Works Department, called for the submission of fresh prices after changes were made to the designs for the scheme (MEED 21:9:01).
Pivot's offer is about 2.3 per cent lower than the next price of AED 99 million ($26.9 million) submitted by the local EmiratesLink Maltauro.
The contract involves the construction of a three-storey shopping mall, with a total built-up area of 38,000 square metres, and related facilities. The construction period will be about 16 months.
The first and second packages on the project were awarded some months ago. Swissboring, part of Italy's Trevi, took the first package covering the piling works. The local Al-Jaber Transport & General Contracting Companywas awarded a AED 38 million ($10.3 million) contract to build the superstructure for 24 luxury chalets (MEED 19:1:01).
The consultant is the local Test Architectural Bureau; the project manager is the US' DMKM International.