The Lagos State Government on Friday said the preferred bidder for the construction of the Fourth Mainland Bridge, will be announced before the end of this year.
The bidder will be among the shortlisted three, which are: Mota – Engil (Nig & Africa) CCCC & CRBC consort; CGGC – CGC Joint Venture and CCECC & CRCCIG Consortium.
The proposed 37km bridge is worth between $2.5 billion and $3 billion.
Special Adviser, Public Private Partnership (PPP), Ope George, who disclosed this in Lagos on Friday, said the project is a PPP transport infrastructure development, which included the construction and operation of a greenfield tolled road and bridge with a design speed of 120km/h, including the development of adjacent real estates.
According to George, the bridge is expected to become the 2nd longest in Africa, featuring three toll plazas, 9 interchanges, a 4.5km lagoon bridge and an eco-friendly environment.
“It is expected to span about 37 kilometers, starting from Abraham Adesanya in Ajah, on the Eti-Osa-Lekki-Epe corridor and transverse from the Northwest towards the lagoon shoreline of the Lagos-Ibadan Expressway via Owutu/Isawo in Ikorodu,” he said.
The idea of constructing the 4th mainland bridge, according to the Special Adviser, was aimed at reducing severe congestion on the existing 3rd Mainland Bridge; while opening new areas for future development, adding that the project is expected to cost about $2.5billion mark.
George further disclosed that the 4th Mainland Bridge project has gone through the competitive bidding process, the request for proposal Stage 1 (RFP 1) and the request for proposal Stage 2 (RFP 2).
“The RFP Stage 2 was then issued to three shortlisted bidders, namely: 1. Mota – Engil (Nig & Africa) CCCC & CRBC consort. 2. CGGC – CGC Joint Venture. 3. CCECC & CRCCIG Consortium,” he stated.
The Special Adviser disclosed that the evaluation committee, which comprised representatives from the Ministry of Works, Office of Public Private Partnerships and the project Advisers, commenced the evaluation of the submitted RFP Stage 2 documents on the 17th of November 2022.
He said the preferred bidder would be announced before the end of this year.