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Elche4 Nov, 12:39general

Elche housing project to be retendered after no company bids

Municipal company PIMESA plans to retender a 45-home development in Elche’s San Antón neighbourhood after the first tender attracted no offers.

PIMESA’s management board will discuss the failed tender on Friday 6 November and propose relaunching the contract with a 10% increase in the budget. The measure is intended to attract construction companies and keep the neighbourhood regeneration project moving.

The planned building will contain 27 two-bedroom and 18 three-bedroom protected homes, along with 44 parking spaces and a ground-floor commercial unit. Construction is expected to take no more than 24 months once work begins, and the homes are primarily intended for families displaced from block 8 after structural problems led to its evacuation.

The initial tender was valued at €4.6 million; the new figure is expected to be around €5.3 million including VAT, subject to final approval.

Based on reporting by El Periódico.

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