L&T Oman to work on $93m Sohar Airport contract
The Indian contractor's bid amount of $89.5m is closest to the Tender Board's contract value, and beats next-best Carillion Akawi by 23.9%
Larsen & Toubro Oman is set to win the tender for the construction of a passenger terminal and other facilities at Sohar Airport.
The contract, which was awarded at a bid price of $93.4m (OMR36m), is one of the total $254.5m (OMR98m) awarded for by the country's Tender Board.
The Indian contractor's bid amount of $89.5m (OMR34.5m) is closest among the four bids received by the authorities.
Larsen & Toubro's bid is 23.9% lower than closest competitor Carillion Akawi's, worth $117.6m (OMR45.3m).
Sohar Airport's first and second packages were completed last year, and included infrastructure work, such as construction of a 4km runway, 30km of airport service roads, and additional supporting infrastructure for the airport.
Joannou and Paraskevaides Oman $143.8m (OMR55.4m) and Strabag Oman $159.7m (OMR61.5m) had also bid for the project, according to local daily Times of Oman.