The financial bids for Temporary Secretariat were opened yesterday and it is yet again disappointing for the state government. CRDA has estimated the cost of construction up to 3000 per square feet. But the companies have come up with bids up to 4000 per square feet.
This will make sure that the cost of the construction will go up to 30-35% more than the estimated 180 Crore. Rules will not allow such huge increase. CRDA will have to negotiate with the companies or go for fresh tenders which will delay the construction yet again.
The Temporary Secretariat will come up in Velagapudi, one of the capital notified villages. The construction will come in 26 acres and will create 6 Lakh Square feet of office space. The foundation stone for Andhra Pradesh’s Temporary Secretariat will be laid by the Chief Minister Chandrababu Naidu on 12th of this month at 4.15 AM.
