The Cabinet of Ministers has approved the award of the contract to Sanken Construction (Private) Limited for the construction of an airfield facility complex at the Colombo International Airport, Ratmalana.
The project, first approved in September 2019, aims to enhance airport operations and infrastructure. Nine bids were received under the National Competitive Procurement Procedure, with Sanken identified as the lowest responsive bidder.
The total contract value is Rs. 3,046.29 million, excluding Value Added Tax. The decision was made based on recommendations from the Procurement Evaluation Committee and the High-Level Standing Procurement Committee. (Newswire)