US$700mn stretch of Mexico City-Toluca railway awarded

Friday, December 12, 2014

A consortium led by Caabsa Constructora won a contract to build the third stretch of the Mexico City-Toluca railroad with a bid of 10.4bn pesos (US$704mn).

Ten parties had bid for the work, which involves building an elevated train line. The project is due to break ground on December 21 and is scheduled to be completed by end-2017.

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Caabsa's partners in the consortium are Prefabricados y Transportes, Cargo Crane, Grupo Corporativo Amodher, Omega Construcciones Industriales and González Soto y Asociados.

The winning bid was the third lowest. A consortium led by Isolux de México put in an offer of 9.40bn pesos and Sacyr Construcción México one for 10.3bn pesos, according to information published on the federal government's procurement portal, CompraNet.

Other companies that participated in the project – as part of consortiums – included Grupo Promotor de Desarrollo e Infraestructura, Peninsular Compañía Constructora, Operadora CICSA and Tradeco Infraestructura.

In November, a consortium led by Spanish firm CAF won a 13.6bn-peso contract for the provision of trains, rail and communication infrastructure, ticketing facilities and associated services.

Other contracts already awarded are for a 10.1bn-peso civil works project and for a 2.86bn-peso tunnel project.