The Bangalore Development Authority (BDA) has floated a fresh tender for constructing the 74km Peripheral Ring Road (PRR).
On March 31, the authority invited tender bids for the PRR connecting Tumakuru Road and Hosur Road under a public-private partnership model. But before the pre-bidding meeting, BDA officials scrapped the tender invite citing technical glitches. Now for the second time, the tender has been floated, without altering the terms and conditions.
Eight companies, including from Israel and Europe, had participated in the first tender but none had clarity on the project and estimations. After the pre-bidding, they were in a dilemma about compensation and cost estimates.
The project will be based on a design, build, finance, operate and transfer model. Issues regarding land acquisition and revenue-sharing modules with private partners are yet to be decided.
According to BDA, 2,560 acres have to be acquired for the project. Farmers are demanding relief as per the Right to Fair Compensation and Transparency in Land Acquisition, Rehabilitation and Resettlement Act, 2013. This will be a huge burden for the companies.
