TURKEY: Firms short-listed for Istanbul metro rebid

08 November 1996

Six international companies have been shortlisted to tender in a rebid closing 7 November for the mechanical and electrical systems for the first stage of the Istanbul metro (MEED 4:10:96). The client is Istanbul municipality.

Shortlisted are Sweden's Adtranz, France's GEC Alsthom, Italy's Ansaldo Energia, Canada's Bombardier and Nissho Iwai Corporation and Mitsubishi Corporation, both of Japan. These firms are expected to team up with local partners.

The rebid follows cancellation of a $224 million award in October 1995, to a consortium headed by the local Turk Siemens Kablo & Elektrik Sanayii

(MEED 27:10:95). Problems in later contractual negotiations, and differences over concessions requested by the municipality led to the cancellation. The municipality subsequently returned the $8.5 million bid bond lodged by the consortium, according to the sources.

This time, the municipality has invited rebids for a single turnkey package financed wholly by credit, rather than the five separate components in the previous bid, say contracting sources. Bidders are also to submit optional offers for rail cars, as the municipality is considering the use of reserve cars held by the Ankara metro until the Istanbul metro cars can be delivered, which will take around 18 months.

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