The Chain Bridge – Photo: wikipedia

A-Hid wins tender to renovate Chain Bridge

Construction company A-Hid has won the tender to renovate Budapest's landmark Chain Bridge with an offer of a net 18.8 billion forints, the Budapest Public Transport Centre (BKK) announced on Monday.

The renovation of the bridge will cost a total of 26.75 billion forints, the company added. In addition to the net fee, the gross fee includes the mandatory 10 percent reserve limit, the technical inspector’s fee and other costs required by the regulations as well as the VAT. BKK said the contract is expected to be signed at the end of January at the earliest. Accordingly, the renovation work is expected to begin at the end of February and completed by autumn 2023, they added.

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