- 19 Jan 2021 8:09 AM
- Hungary Matters
Construction company A-Hid has won the tender to renovate Budapest’s landmark Chain Bridge with an offer of a net 18.8 billion forints (EUR 51.1m), the Budapest Public Transport Centre (BKK) has announced.
The renovation of the bridge will cost a total of 26.75 billion forints, the company added.
In addition to the net fee, the gross fee includes the mandatory 10% reserve limit, the technical inspector’s fee and other costs required by the regulations as well as the VAT.
BKK said the contract is expected to be signed at the end of January at the earliest.
Accordingly, the renovation work is expected to begin at the end of February and be completed by autumn 2023, they added.
Find more on A-Hid and their past and current works here.
MTI Photo: László Róka