Construction, Legislation, Lithuania, Real Estate

International Internet Magazine. Baltic States news & analytics Monday, 01.06.2020, 08:23

Lithuanian court upholds Kaunas' decision to name Turkish firm as stadium contract winner

BC, Vilnius, 31.07.2018.Print version
A court has upheld Kaunas' decision to name Turkey's Kayi Insaat Sanayi ve Ticaret as the winning bidder for a contract to reconstruct the Darius and Girenas Stadium in Lithuania's second-biggest city, reported LETA/BNS.

The Kaunas Regional Court on Monday dismissed lawsuits by two other bidders, Versina and LitCon, in which the Vilnius-based engineering network companies contested the results of the bidding. 

It also lifted interim protection measures applied to the contract in July, thus giving the go-ahead for continuing the reconstruction work. 

The ruling can be appealed to the Lithuanian Court of Appeals within 14 days.

The Kaunas local authority signed the 46-mln-euro contract with Kayi Insaat Sanayi ve Ticaret in mid-June, with plans to launch the reconstruction work in July and complete it within 20 months. 

A total of eight suppliers participated in the public procurement process.

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