Tender deadline for assets company of KL-S’pore High-Speed Rail extended to Dec 2018
SINGAPORE — Due to strong interest from the private sector, there will be a six-month extension of the deadline for interested parties to submit proposals to design, build, finance and maintain the trains and rail assets of the Kuala Lumpur-Singapore High Speed Rail (HSR).
An artist’s impression of the HSR terminus to be built in Jurong East. Its architectural and engineering design, the tunnels and the bridge across the Straits of Johor will be part of Aecom’s tasks. Photo: FARRELLS
SINGAPORE — Due to strong interest from the private sector, there will be a six-month extension of the deadline for interested parties to submit proposals to design, build, finance and maintain the trains and rail assets of the Kuala Lumpur-Singapore High-Speed Rail (HSR).
The tender for the assets company of the Kuala Lumpur-Singapore HSR was called by Singapore and Malaysia last December, and bidders will now have until Dec 28 to submit their proposals, instead of the original June 29 deadline.
In a joint statement issued on Thursday (April 19), Malaysia’s MyHSR Corporation and Singapore’s SG HSR — a wholly owned subsidiary of the Land Transport Authority — said that after the tender closes, they expect to complete their evaluation and announce the tender results by the third quarter of next year.
They said: “We are encouraged by the strong interest in the AssetsCo tender. While the bidders are progressing with their tender preparations, they have also requested additional time to develop their tender submissions that offer better value to both governments.
“After careful consideration, we have extended the tender submission deadline by six months, in view of the complexity and scale of the project.”
Aside from financing and maintaining the trains and rail assets such as track work, power, signalling and telecommunications systems, the assets company will also manage the system network capacity for operations and maintenance needs.
The tender for the company came a year after both governments signed the bilateral agreement for the HSR project, which will boost socio-economic links between Singapore and Malaysia.
Eight stations are proposed for the rail network: Bandar Malaysia, Sepang-Putrajaya, Seremban, Melaka, Muar, Batu Pahat and Iskandar Puteri stations in Malaysia and the Jurong East station in Singapore.
The HSR Express Service between Kuala Lumpur and Singapore is targeted to start running by Dec 31, 2026.
Both companies said in its latest statement that the extension of deadline for tender bids will not affect the start date of this service.
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