Shanghai Baoye Group + Baoye (Beijing) Construction Technology Co., Ltd. Won the Bidding for Resettlement Housing Project with 638 Million yuan

The Shanghai Baoye Group, together with its Baoye (Beijing) Construction Technology Consortium, ranked as the first candidate for Bid Section II of the Urban Village Reconstruction and Resettlement Housing in Kandan Street, Fengtai District,

Beijing, with a price of about 638 million yuan, about 1.91 million yuan ahead of the second-place China Railway 19th Bureau (639 million yuan), and the competition is quite close. It is worth noting that the total investment of the project marked in the text is about 195.5 million yuan, while the quotation of this bid section has reached 638 million yuan. There is a significant difference between the total investment figure and the quotation of the bid section. It is suspected that the original data caliber is different (or the total investment only refers to a certain subdivision of the construction and installation fee).

[Project Name] Fengtai District Urban Village Reconstruction Resettlement Housing Project on the North Side of Kandan Road (Bid Section II)

[First Bid Winner and Quotation] Shanghai Baoye Group Co., Ltd. and Baoye (Beijing) Construction Technology Co., Ltd. (Consortium): 637,575, 152.68 yuan (637.5752 million yuan)

[Basic information of the project] The project is located in Kandan Street, Fengtai District, Beijing. It is a residential resettlement house and has entered the construction stage. The bidding scope covers foundation and foundation, main structure, building roof and building decoration. The article indicates that the total investment of the project is estimated to be about 195.504 million yuan (which is different from the quotation of the bid section). The quotation of China Railway 19th Bureau ranked second was RMB639,487,273.07, and the quotation of China MCC5 ranked third was RMB639,480,423.19, all of which were highly concentrated in the range of 637-639 million.