The civic agency is all set to begin construction of an interchange at the junction of 7th Avenue and Srinagar Highway near Aabpara in order to solve the long-standing problem of traffic gridlocks in the middle of the city.
Two firms and a group of three other firms have submitted offers from the CDA.
The Civic Agency has opened the companies’ technical tenders and the process of assessing them is under way. The financial tenders will also be opened soon to award the contract, officials said.
The cloverleaf interchange will be at the intersection of 7th Avenue, Srinagar Highway, Khayaban-i-Soharwardi and Garden Avenue, with four left and right loops. There will be an underpass linking the two portions of Khayaban-i-Soharwardi, officials from the CDA said.
Habib Construction Company, (which recently built the G-7, G-8 interchange), National Logistics Cell (NLC) and the joint venture of Maaksons, Calson and Maqbool Associates, submitted the technical bids.
The officials said the project, worth Rs1.5 billion, would be completed in a year once it has begun.