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September 01, 2014 20:37

Project to build bridge across Kerch Strait estimated at 228.3 bln rubles - draft resolution

MOSCOW. Sept 1 (Interfax) - The maximum cost of the project to build a bridge across the Kerch Strait is 228.3 billion rubles, says a draft government resolution, posted on the

The resolution says that the aggregate sum, including the funding to cover the design and survey work, includes 0.5 billion in budget funding and 227.8 billion rubles in financing from the federal program for the development of Crimea and Sevastopol through 2020.

"Taking into account the government's decision to select one contractor , the government has set additional terms for fulfilling the contract - a pledge not to exceed the maximum limit on spending in the form of a bank guarantee, or some other guarantee, envisioned in the current legislation, standing at 30% of the maximum worth of the contract."

The resolution also says that the bridge must include a motorway compliant with the standards of the first-category general motorways with four lanes and a two-track railway. The bridge will be 19 kilometers long.

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