Updated On: 11 June, 2018 07:57 AM IST | Mumbai | A Correspondent
While the lowest bid for the first round of tendering was Rs 82 crore, the same for the second round was Rs 93 crore

Slums demolished near the Tansa water pipeline. File Pic
The Brihanmumbai Municipal Corporation's (BMC's) decision to conduct a second round of tendering for the proposed 11-km cycling track at L ward of Kurla and G/N in Sion, along the Tansa water pipeline, has turned out to be an expensive affair for it. After the BMC invited bids for the project, only two bidders came forward in the first round. The lowest bidder had quoted Rs 82 crore for construction of the track. However, in the second round, the lowest amount quoted for the project was Rs 93 crore.
Speaking on condition of anonymity, a civic official said, "The cycling track could have been constructed at a much lower cost. But now the same project will cost higher, as bidders have quoted more for it."