Slovakia concerned over tenders for D1 Presov and D3 Cadca bypasses

The Slovakian government is examining bids for two tenders for motorway stretches D1 because of their higher-than-expected costs. The deal involves the Presov West - Presov South stretch and the D3 Cadca, Bukov - Svrcinovec section, according to a report in Pravda. Both projects are bypasses of Cadca, near the border with Poland and the Czech Republic, and Presov in eastern Slovakia. The newly appointed transport minister, Arpad Ersek, review the tenders, the Pravda report said. The Slovak Insti
September 14, 2016 Read time: 2 mins
The Slovakian government is examining bids for two tenders for motorway stretches D1 because of their higher-than-expected costs.

The deal involves the Presov West - Presov South stretch and the D3 Cadca, Bukov - Svrcinovec section, according to a report in Pravda.

Both projects are bypasses of Cadca, near the border with Poland and the Czech Republic, and Presov in eastern Slovakia.

The newly appointed transport minister, Arpad Ersek, review the tenders, the Pravda report said.

The Slovak Institute or Economic and Social Reforms claims that both stretches have been overpriced by €100 million.

In the case of the 5.7km D3 Cadca by-pass, the consortium of 981 Hochtief, 945 Strabag and 3976 Porr submitted the lowest bid, at just over €239 million compared to the expected €199 million.

For the 7.4km D1 Presov bypass, the lowest bid of slightly more than €356 million was submitted by the consortium of Metrostav, 2877 Doprastav and 3281 Eurovia.
Finance & Funding

For more information on companies in this article

Related Content

  • Upgrade of Slovakia’s busy D1 stretch to start in H2 2014
    March 19, 2014
    Slovak national motorway company NDS plans to start the reconstruction and modernisation of the D1 motorway section between Bratislava and Trnava in H2 2014. As part of the near €150 million project, the current six-lane motorway will be extended by adding an emergency lane. The building works are expected to last 24 months and will include demolition and reconstruction of some of the existing road bridges, as well as construction of new ones. The motorway lanes will be extended from the current 3.5m to 3.
    Read More
  • Slovakian project under spotlight
    July 3, 2012
    Environmental questions are facing the construction of the Martin-Presov highway in Slovakia. The European Investment Bank (EIB) and European Bank for Reconstruction and Development (EBRD) are waiting to receive approval to fund construction of the highway in Slovakia from the European Commission (EC). However the EC is not giving its approval for the loans at present until the Slovak Government provides answers as to why the route goes through a national park. Although the Slovakian Transport Ministry is k
    Read More
  • STRABAG sees profits grow
    April 29, 2016
    Construction company STRABAG has seen its financial performance improve during the 2015 financial year. The firm’s earnings before interest and taxes (EBIT) reached €341.04 million, an increase of 21% over the previous year. Double-digit growth was also achieved in net income (after minorities), with a gain of 22% to €156.29 million, while earnings/share grew from €1.25 to €1.52. These developments have compelled the management board to propose to the AGM planned for June 2016 a dividend of €0.65, which wil
    Read More
  • EIB backing Irish motorway link
    April 30, 2014
    The European Investment Bank (EIB) is providing financial backing worth €144 million for the new M17/M18 Gort-Tuam motorway project. The M17/M18 Gort to Tuam PPP Scheme is situated in the west of Ireland and will be constructed as a four lane motorway that will replace the existing N17/N18 roads. This new motorway will reduce journey times by around 20 minutes and has an overall cost estimated at €550 million. Construction work will start during this year and this is the second transport PPP to be signed un
    Read More

Highlighted Content