Contracts for Works Execution

Under the Federation Roads Modernization Project, contracts for works execution for Improvements to Tunnel Vranduk II and Reconstruction of the Bridges Bosna IV & V; Road Pavement Vitalj – Vlasenica (border between entitites) and Reconstruction of the Black Spot “Olovo – nula”; Improvements to Tunnel Ormanica (Pelagićevo - Srebrenik) and Reconstruction of the Black Spot “Husino” have been signed today, in the premises of the PC Roads of the Federation of BiH Ltd. Sarajevo.

Contracts for Works Execution thumb

The subject Works are devided into three Lots for which the following contracts were signed today:

  • Lot 1: Improvements to Tunnel Vranduk II and Reconstruction of the Bridges Bosna IV & V. The Contractor is JV HERING d.d. Široki Brijeg and BBM d.o.o. Sarajevo. Contract amount is BAM 16.769.997,23.
  • Lot 2: Road Pavement Vitalj – Vlasenica (border between entitites) and Reconstruction of the Black Spot “Olovo – nula”. The Contractor is JV JATA GROUP d.o.o. Srebrenik and ROADING d.o.o. Gračanica. Contract amount is BAM 2.472.337,57.
  • Lot 3: Improvements to Tunnel Ormanica (Pelagićevo - Srebrenik) and Reconstruction of the Black Spot “Husino”. The Contractor is JV JATA GROUP d.o.o. Srebrenik and HERING d.d. Široki Brijeg. Contract amount is BAM 3.221.460,41.

Contracts were signed by Ljubo Pravdić, director of the PC Roads of the FBiH d.o.o. and authorized representatives of the successful Bidders.

The subject Works will be founded from the World Bank (IBRD) and the European Investment Bank (EIB) funds. The planned commencement of the Works is September 2018, while the total value of the Works is BAM 22.463.795,21.