Bengaluru civic physique to rent consulting agency for monetary administration of tunnel street and sky deck tasks

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Dec 10, 2024 04:17 PM IST

The guide agency will put together a complete monetary and elementary plan for Bengaluru civic physique within the upcoming 5 years.

The Bruhat Bengaluru Mahanaragara Palike(BBMP), the civic physique of tech capital, has plans to rent a guide agency for the monetary administration in the course of the building of tasks like tunnel street and sky deck, reported Cash Management. The guide agency will put together a complete monetary and elementary plan for the BBMP within the upcoming 5 years because the civic physique has plans to take up a number of the main infrastructure tasks in Bengaluru.

The Bruhat Bengaluru Mahanagara Palike (BBMP) has issued a Request for Proposals (RFP) for strategic consultancy companies to make sure its monetary sustainability and drive transformational initiatives.

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In response to the report, the agency can even analyse and examine the proposed plan with different city civic tasks which can assist the BBMP to take up the perfect practices.

The Bruhat Bengaluru Mahanagara Palike (BBMP) has issued a Request for Proposals (RFP) for strategic consultancy companies to make sure its monetary sustainability and drive transformational initiatives.

“The consultant will assess BBMP’s project plans for the next five years, identify priority projects, and estimate funding requirements for capital and operational expenses,” a senior BBMP official instructed the publication.

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Karnataka deputy CM DK Shivakumar mentioned that the work for the underground tunnel street in Bengaluru will start by the primary half of 2025. He mentioned that this most anticipated challenge will decongest Bengaluru and ease vehicular motion. The Bengaluru underground tunnel challenge is estimated to value round ₹16,500 crore. This bold 18-km hall will hyperlink Hebbal within the north to the Central Silk Board junction within the south and covers all Outer Ring Highway areas.

The challenge might be funded by means of a public-private partnership, with personal contractors protecting 70% of the prices. The skydeck might be constructed at an estimated value of ₹500 crore and it could be 250 metres excessive. It should supply a 360 levels view of town and it’s prone to be constructed close to Hemmegipura however it’s but to be finalised by the Karnataka authorities.

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