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Argentina's Córdoba province government has opened two economic proposals for a tender to expand the Los Molinos-Córdoba canal, a province communications official told BNamericas.
Local firm Benito Roggio e Hijos bid 488mn pesos (US$118mn), while JCR presented an offer of some 490mn pesos, the official said via email.
The project had an official budget of US$113mn, of which US$49mn is being financed by the provincial government through a loan from Latin American development bank CAF.
Work involves building an intake to replace existing pipeline where the canal intersects with the Anisacate river, as well as modifying the channel's route and replacing tubing. Two new pumping stations will also be built.
Construction is scheduled to begin in September and will take 24 months to complete.
The project aims to secure a short and long-term supply of water for the Bower potable water plant, which serves the southern and south-east sectors of Córdoba city.