Business and Finance

BRAZIL

December 8, 2014 By International Dredging Review

The Standing Committee on the Bidding of Dredging Works and Services received proposals from five companies for the dredging of the Rio de Janeiro Port Complex in October. The single best bid was by local engineering company Bandeirantes Dredging and Construction Ltd. who  asked for $96 million for the work reported the Brazilian media Portogente. The Committee has now closed the bid and is negotiating the price.