After several engagements, Lagos State Government on Friday announced a Chinese consortium, CECC-CRCCIG as the preferred bidder for the Fourth Mainland Bridge.
Announcing the preferred bidder at a news conference today, Special Adviser to the State Governor on Public-Private Partnerships, Mr Ope George said the project will comprise the construction and operation of a greenfield tolled road and bridge with a design speed of 120 kilometres per hour, including the development of adjacent real estate.
Investors King could recall that Lagos State Governor, Bababjide Sanwo-Olu had assured residents to announce the preferred bidder before January 1, 2023.
The Special Adviser added that the bridge when completed, would become the second longest in Africa with three toll plazas, nine interchanges, a 4.5km Lagoon Bridge and an eco-friendly environment.
Estimated to cost about $2.5 billion, the project would be delivered through Public-Private Partnership (PPP) initiative and tolled for two years.
“A total of 52 responses were received with 32 being responsive.
“Subsequently, a Request for Quotation (RFQ) was issued on February 10, 2020, to the 32 eligible applicants and responses were received on 15th April 2020 with a total of 15 responses.
Upon evaluation, six bidders met the criteria to progress to the Request for Proposal (RfP) stage,” George said.
Also speaking on the construction of the bridge, Special Adviser to Governor on Works and Infrastructure, Aramide Adeyoye, said the state government had carried along the over 48 estates, traditional rulers and others that would be affected by the bridge.
Adeyoye, therefore urged the cooperation of all stakeholders, noting that the negative impact of the bridge was minimal compared to the advantages, urging those anxious for the project to take off to be patient.
Meanwhile, the state government also disclosed Mota-Engil (Nigeria & Africa), CCCC & CRBC consortium has been selected as the reserved bidder for the project.
The government added that while the bridge will officially kick off for construction in the first quarter of 2023, it is expected to be completed within four years