Dhaka, Aug. 8 -- Amid an extraordinarily high price quote in the bid, the authorities are now likely to retender one work package of MRT Line-5 to construct underground stations and their links with the main track.

The Mass Rapid Transit Line-5 (MRT-5) project office has already sought the concurrence of the project's Japanese financier to reopen the bid for the estimated Tk 70.45 billion work.

Earlier, it received a quotation of Tk 155.27 billion from the lowest bidder.

As the guidelines of the Japan International Cooperation Agency (JICA) do not allow negotiations on the lowest bidder's proposal, official sources said, the project office now has no other option but to invite fresh bids for the work.

"Following the recommendation of ...