BREAKING NEWS

Canadian architects contribute to TA light rail overrun

By GLOBES

JULY 4, 2013 15:37

NIS 560 million - this is the sum which Canadian architectural firm IBI Group Inc. is due to be paid for designing ten underground stations for the Tel Aviv light rail's Red Line. An additional NIS 10 million has been budgeted for unforeseen items. Sources inform ''Globes'' that the Ministry of Finance recently gave NTA Metropolitan Mass Transit System Ltd., which is building the line, provisional approval to pay the money to IBI Group. The astronomical amount is four times the size of the original contract, which was awarded without a tender.

IBI Group is one of the world's three largest architectural firms. In 2011, it won the contract to design the Red Line's underground stations with a bid of NIS 165 million. The line will have ten underground and 13 above-ground stations.

The sources said that, while working with IBI Group, NTA decided to expand the work to the point that a new contract had to be signed. IBI Group secured the additional NIS 400 million in work without a tender. The additional contract included supervision of the work for $42 million, changing the design of the Carlebach Street station for $16 million, and increasing the planning of all the stations from 90% to 100% at a cost of $22 million. NTA executives celebrated the closing of the contract at a Tel Aviv restaurant.

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