Sunday, September 18, 2011

Czech Republic's Future of massive clean-up tender uncertain

Radio Prague, Czech Republic, September 14, 2011, The future of the Czech Republic’s largest public tender is uncertain after the Finance Ministry revealed that three firms had bid between 57 and 65 billion crowns to remove environmental damage inherited from the communist regime. Prime Minster Petr Nečas, as well as several other cabinet ministers are increasingly receptive to arguments by the project’s critics who warned the tender might become the country’s “largest single corrupt deal”.

The Finance Ministry on Tuesday opened the envelopes with bids by three firms competing for what might be the biggest tender ever handed out in the Czech Republic. 

The Czech government in 2008 announced the tender for removing environmental damage and threats which originated during the communist regime in more than 500 sites around the country. 

The lowest bid of 56.8 billion crowns, or nearly 3.2 billion US dollars came from the Czech branch of the Danish firm Marius Pedersen Engineering; the company Geosan Group asked for 57.8 billion crowns while Environmental Services, part of the Slovak financial group J&T asked for 65.5 billion. Read More from Radio Prague

(Source : Radio Prague, Czech Republic)

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