Just when you thought huge bid spreads were the preserve of the US demolition industry.
The City of Cape Town on Sunday said it would appoint a demolition company by the end of the week to bring down the Athlone cooling towers. The ailing structures were declared unsafe on 14 February after one of the tower’s support rings started crumbling.
The city’s Clive Justus said eight companies have expressed interest in the job. “We were successful in having eight tenders of which seven of them were deemed to be valid. The assessment in terms of the criteria, the price and the timeline are being considered.”
The quotes from the eight bidders range from R4.5 million ($592,000) to R25 million ($3.3 million.
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