Price Bidding Proceeds for Cheonan Station Expansion Project After Four Failed Attempts

Final Decision to Be Made Based on Price and PQ Scores

Perspective view of the expanded and renovated Cheonan Station building. (Provided by Cheonan City)

The expansion and renovation project for Cheonan Station on the Gyeongbu Line, which has failed to attract bidders four times, is drawing attention as price bidding is set to take place on the 20th.

The National Railroad Authority closed the price bidding at 11 a.m. on this day, and it is expected that the final contractor will be selected in about three weeks.

On the PQ (Pre-Qualification) deadline on the 20th of last month, two consortiums submitted bids.

An official from the authority stated, "Only the price bidding was conducted today," and added, "We will review the documents submitted by the companies and select the successful bidder through evaluation, which will take about three weeks for the final decision."

An official from Cheonan City explained, "The authority will make a decision after comprehensively reviewing today's price bidding results and the PQ evaluation," and added, "Once confirmed, we expect construction to begin soon after the contract is signed."

The total budget for the Cheonan Station expansion and renovation project is 112.1 billion won, with 29.9 billion won from the national government, 20 billion won from the provincial government, and 62.2 billion won from the city government.

Previously, the authority held a bid with an estimated construction cost of 69.87 billion won, but it failed three times in a row.

Subsequently, in September last year, the unit price was raised to 76.83 billion won and re-announced, but as there were no bidders, it ultimately failed four times.

This content was produced with the assistance of AI translation services.