The Expressway Authority of Thailand has announced that this October, the private sector has initiated the construction of the Rama 3 Expressway, Contract 1 and Contract 3, after a delay of more than 2 years, pushing interest rates on TFF funds.
The Expressway Authority of Thailand has announced that this October, the private sector has initiated the construction of the Rama 3 Expressway, Contract 1 and Contract 3, after a delay of more than 2 years, pushing interest rates on TFF funds.
Delayed more than 2 years forTender for the Rama 3 – Dao Khanong – Outer Ring Road Expressway Project, parts of Contract 1 and Contract 3 After the Expressway Authority of Thailand (EXAT) opened the auction for the first time on May 21, 2019, and it appears that a private sector has complained about the results of the auction. causing in the end, the result of the auction has to be cancelled
byCurrently, EXAT has conducted a new round of bidding. The part of Contract 1 and Contract 3 is in the process of considering the proposal of the private sector.The contractor is expected to sign the contract and start construction in October.
For the Rama 3 – Dao Khanong – Outer Ring Road Expressway project This is a pilot project of the government that wants to reduce the burden of government expenditures. and encourage the use of investments fromThailand Futures Fund (TFF) to develop, which the said money has becomeinterest burden of EXAT overall at the end of 2020 found that the interest burden exceeded 6 billion baht. It will also be an interest burden of approximately 1.3 billion baht per year if the investment cannot be expedited to earn income.
Surachet Laopoolsuk, Governor of the Expressway Authority of Thailand (EXAT.) revealed that EXAT has allowed contractors to purchase bidding documents to submit bids electronically (e-bidding). 2 contracts for the construction of the Rama III – Dao Khanong – Western Outer Ring Road Expressway, totaling approximately 14 billion baht. On August 2nd
divided into Contract 1 is an elevated road with 6 traffic lanes.There is a starting point at km 13+000 of Rama II Road to km 6+600 of Rama II Road, total distance of approximately 6.4 km.The third contract is the construction of a 6-lane elevated road.straddles according to the special route of Chalerm Mahanakorn during Dao Khanong – Suksawat – Rat Burana The total distance is about 5 kilometers.
However EXAT estimates that contractors will sign the contracts and begin construction of both contracts in October. as it is currently in the process of considering the proposal But still can’t tell the details of the private sector that has submitted an offer. because it is a systematic regulation of the Comptroller General’s Department
However, EXAT acknowledged that the construction of these two expressway contracts was delayed from the plan and delayed from the other two contracts that had already started construction, causing EXAT to have toAccelerate the construction of Contract 1 and Contract 3 to be completed asap in order not to cause the image of the expressway with missing teeth Preliminary estimates that if contracts 1 and contract 3 can be built within this year The construction will take approximately 34 months, from the original 39 months for management to be completed similarly in all contracts. and be able to open the entire system within 2024
At the same time, due to the delay of the tender that occurred Of course that affectsInterest burden from TFF funds at the rate of 8% or approximately 1.3 billion baht per year. Therefore, if able to sign a contract to start construction as soon as possible It is expected to expedite the disbursement of the first payment of 10% or approximately 700 million baht per contract. This reduces the interest burden.
forProgress of Contract 2 and Contract 4 under construction
Contract 2, 6-lane elevated road It has a starting point at km 6+600 of Rama 2 Road to the Dao Khanong Intersection. The total distance is about 5.3 kilometers. EXAT has signed a contract for the construction of the project. With the joint venture CTB (China Harbor Engineering Company Limited, Tipakorn Company Limited and Buriram Thongchai Construction Company Limited), the current progress of construction works is accumulated as of 27 Sat. 2021, approximately 20.16%
Contract 4: Construction of a bridge across the Chao Phraya River, size 8 traffic lanes The length of the bridge span is 450 meters, ending at the Bang Khlo Intersection. The total distance is approximately 2 kilometers. EXAT has signed a contract for construction of the project with CH. Karnchang Public Company Limited. Currently, the cumulative progress in construction as of August 27, 2021 is approximately 45.10%.
andContract 5: Toll Collection System traffic control system and communication system Currently, the draft scope of the construction contract has been revised. The toll collection system is a system without barriers (M-Flow) according to the policy of the Ministry of Transport. Therefore, it is in the process of preparing the tender.
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