SOFIA (Bulgaria), August 6 (SeeNews) - The Bulgarian unit of Austria's Strabag filed the lowest bid, worth 9.6 million levs ($6.5 million/4.9 million euro), for repairs on a central boulevard in the Bulgarian capital Sofia, the city authorities said on Tuesday.
The Sofia city authorities had estimated the total cost of the upgrade of the ten-kilometre section of Botevgradsko Shose at 10.5 million levs, according to information published on the local government's website.
The highest of the eight valid bids amounted to 12.5 million levs. Four bidders were disqualified by the selection committee.
The repairs which include works on four overpasses, a bridge and five underpasses, are expected to be completed in two years.
The reconstruction of the boulevard, which connects the city with Hemus motorway, is part of a 200 million lev programme for the rehabilitation of Sofia's road infrastructure in 2013-2016 co-financed by the European Investment Bank.
(1 euro=1.95583 Bulgarian levs)