April 6 (SeeNews) - Bulgaria's road infrastructure agency (API) launched on Wednesday a tender for the development and implementation of an electronic toll collection system with an indicative price of 200 million levs ($116 million/102.3 million euro).
The toll tax will cover 16,317 km of roads and will be based on distance travelled for vehicles heavier than 3.5 tonnes, while for lighter vehicles it will be calculated on a time basis, API said in a statement.
Interested bidders should submit their offers by May 30.
The period for implementation of the project is 19 months.