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MoneyWorks4Me

RITES emerges as lowest bidder in tenders from CFM

24 Jul 2023 Evaluate

RITES has been emerged as lowest bidder in the tenders for procurement of locomotives and wagons invited by CFM, Mozambique. The order is subject to award after the due process of CFM, Mozambique’s scrutiny/ evaluation as per the requisite requirements mentioned in the tender documents. The estimated value of the bid is around Rs 500 crore. 

RITES is a multi-disciplinary consultancy organization in the fields of transport, infrastructure, and related technologies. It provides a comprehensive array of services under a single roof and believes n transfer of technology to client organizations.

Peers
Company Name CMP
NBCC (India) 71.95
Rites 194.90
Mold-Tek Tech 90.55
Dhruv ConsultancySer 20.62
Telge Projects 202.00
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