ACP CONTRACTS AND TENDER TIMETABLE

(No papers handed over to date)

Main features

*

*

*

are about

138 works

contracts

61 will be 39 will be PAA

There required for the ACP. Government contracts, contracts, 35 MTRC ones and three from the private sector.

60% of the contracts (by value) will have been let by the end of 1992. This will allow greater certainty of overall ACP costs.

The majority of Government contracts will be fixed-price, lump-sum. This will give maximum certainty about the out-turn cost

of the ACP.

*

Key

are:

contracts on the ACP

critical path

Airport

contract

site

preparation Contractor selected on 31 July 1992 but contract not yet awarded (slipped from May 1992). Delay would cause the terminus building contract slip, So the airport might not be opened in June 1997.

to

Central & Wanchai Reclamation Phase 1

Tenders invited on

8

1

-

June;

September.

received

on

Construction

expected to start on 17 October 1992 (five weeks

behind MTRC's

desired programme and two weeks behind BIP).

affect

Delay would

Airport

Railway

commissioning date.

Tsing Ma

Bridge

contract

signed on 8 May 1992 for completion in early 1997. Delay would cause the opening of the airport and the Airport Railway to be delayed.

ACP contracts: p.1 of 2

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