Skip to main content

Czech Government counts infrastructure cost

The authorities in the Czech Republic are counting the cost of bungled planning for a series of infrastructure projects, including a number of road, tunnel and bridge connections.
February 24, 2012 Read time: 1 min
The authorities in the Czech Republic are counting the cost of bungled planning for a series of infrastructure projects, including a number of road, tunnel and bridge connections. The works will now have to source funds from the Czech Government following a ruling by the European Court of Auditors that the tender processes for the projects were flawed. The original plan was that the EU Operational Programme Transport would have paid for the works but instead, the Czech Government will finance the projects itself. However, only one project will have to be almost 100% funded by the Czech state and this is for a vertical-lift bridge in Kolin.

Related Content

  • FIEC aims to tackle lowest possible cost bidding
    February 28, 2012
    The FIEC, the European construction industry federation, aims to end unfair competition by state-owned and state-aided enterprises across the globe.
  • Croatia rejects complaints over Peljeski Bridge tender
    April 6, 2018
    Croatia’s public procurement body has rejected complaints by all three international consortia over a winning low tender for the Peljeski bridge. Bids for construction of the four-lane 2.4km bridge were submitted in the middle of last year. The bridge will connect Croatian territory by traversing the Adriatic Sea’s Mali Ston Bay. Vehicles must currently head from Croatia into Bosnia to re-enter a peninsula that is Croatian territory. Croatia’s State Commission for Control of Public Ordering Processes
  • Denmark concerned over rising cost of Fehmarn Belt Fixed Link
    February 19, 2015
    The Danish government is in talks with contractors over the latest rise in cost estimates for the proposed prestigious Fehmarn Belt Fixed Link between Denmark and Germany. Contractors have estimated an extra €295.5 million will be needed. This is in addition to a statement last November by the contracting company Femern saying that costs had risen nearly €900 million. The total rise price hike is nearly €1.2 billion. This puts the final cost of the 18km tunnel including two railway tunnels, two motorway tun
  • Brazil launches new transport infrastructure investment plan
    August 30, 2012
    The Brazilian government has announced a new transport infrastructure investment plan involving the concession of motorway operations and modernisation of the railway sector. The private public partnerships are predicted to lead to an investment of US$65.68 billion (BRL 133bn) in the next 25 years, including US$ 39.63 billion (BRL 80bn) to be spent in the first five years of the contract.