Sadbhav Infrastructure Project bags road project – Feedback

Sadbhav Infrastructure Project has emerged as the lowest bidder for a Rs 1,008 crore road project in Karnataka.

The company made a bid of Rs 1,154 crore as cost of construction for the project, and an additional Rs 31.5 crore for operation and maintenance during the first year. The project, to be completed under the hybrid annuity model, involves four laning of a 170 km stretch between BRT Tiger Reserve and Bengaluru. The construction period of the project is 730 days, while the operation period is 15 years from the date of start of commercial operations.

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