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September 27, 2022
BUSINESS

Contract for Cernavoda-Medgidia highway sector signed

The Company of National Roads and Highways (CNADNR) has signed a RON 498.8 M (EUR 116.4) contract, VAT not included, with the Astaldi – Max Boegl consortium for the design and construction of the Cernavoda-Medgidia highway sector, Mediafax informs. The sector is scheduled to come into use in 2012. The design will last three months and the construction works 12 months. The construction works will have a warranty of 48 months.

The value of the contract is smaller than the RON 726.2 M estimated, VAT not included. According to the aforementioned source, the sum is smaller by RON 60 M compared to the one included in the contract signed with Colas, a contract that has been cancelled.

“At the same time, the deadline for design and construction has been lowered from 24 to 15 months, the sector set to be open to traffic in 2012. The works executed by the new constructor will have 4 years of warranty, in contrast to the 2 years of warranty stipulated in the previous contract,” the communiqué points out.

The project is financed from EIB funds and Cohesion Funds. The highway sector has a length of 20.49 kilometers.

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