Tata emerges as lowest bidder for tender to construct new Parliament complex

Tata emerges as lowest bidder for tender to construct new Parliament complex

Tata Projects Limited emerged as the lower of the two bidders for the tender to construct the new Parliament complex by quoting a bid of ₹861.90 crore when the financial bids for the project opened on Wednesday. Larsen & Toubro (L&T) Limited, which was the other bidder, quoted ₹865 crore for the project, according to the bid documents. According to the Central Public Works Department’s (CPWD) tender, the estimated cost of construction for the new building is ₹889 crore.

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Hindustan Times

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