The Rawalpindi Development Authority (RDA) has granted the Frontier Works Organization (FWO) a contract worth Rs22.8 billion to build the 38.3-kilometer Rawalpindi Ring Road from Rawat to Thalian.
The FWO had submitted a bid that was Rs300 million cheaper than the expected cost. The FWO emerged as the lowest bidders after the committee opened technical and financial bids in the presence of all parties involved, according to RDA Chairman Tariq Mehmood Murtaza.
According to him, the financial bid was awarded when the FWO provided a subsequent reimbursement.
He stated that the FWO has been required to provide security in the form of cash, pay order, or bank guarantee (on stamp paper) from any scheduled bank in Pakistan within 15 days of the contract letter’s issuing.
Due to the sensitive position of the region, officials stated the contract was granted to a government construction organization. The work will be completed by the government construction agency without the involvement of a third party or the private sector.
The Punjab government has agreed to build the Rawalpindi Ring Road according to the 2017 alignment, which would see the road built from Rawat Banth Mor to Thalian Interchange (Motorway-2).
The NHA has expressed concerns that more than 33,000 heavy transport vehicles will join M2 from Rawalpindi Ring Road every day, causing infrastructural damage as well as traffic congestion at the Islamabad highway toll plaza.
The Rawalpindi Ring Road project, also known as Rawalpindi’s missing link, has been on hold for the past 17 years. The project was started by the former administration with a loan from the Asian Investment Infrastructure Bank of China in its final year in office. The bank had determined that the idea was viable and agreed to fund it with a loan.
In the original plan, the project also included the longest commercial zones on both sides of the highway.