The owners of the Klang Valley Mass Rapid Transit (MRT) will award their first major contract today for an independent check engineer (ICE) chosen by the government and who will be paid two per cent of the undetermined project cost, which is reportedly above market rates.
The Malaysian Insider understands that the consortium of HSS Integrated Sdn Bhd, Hong Kong’s MTR Corp Ltd and Canadian SNC-Lavalin is likely to land the contract despite being rejected by Syarikat Prasarana Berhad (SPNB) earlier for not putting a price to its brief — which usually costs up to 0.8 per cent of the total project.
The total project cost for the MRT is estimated at RM36.6 billion for three rail lines through the Klang Valley when it was first proposed two years ago but that projection did not include cost of land and also rolling stock for the MRT.
