Mumbai: Artefact Projects Limited on Monday announced it has secured a consultancy contract worth Rs 3,15,84,415 from the National Highways Authority of India (NHAI).
Project Scope
The contract involves providing supervision consultant (SC) services for the operation and maintenance of a two-lane road with a paved shoulder. This covers the Thoppur Mettur Bhavani Erode Section on NH 544H, spanning 85 kilometres in Tamil Nadu.
Joint Venture Agreement
The work was awarded to Artefact Projects as the highest-ranking (H1) bidder. The company is undertaking the project in a joint venture with Pioneer Infra Consultants Private Limited, in association with Renaissance IOT LLP.
Contract Duration
The consultancy services for this project are for a period of 36 months. The contracted fees are exclusive of GST, the company reported.
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