Officials at Taoyuan International Airport Corp (TIAC) said yesterday that preparatory work on the 05/23 runway renovation project should be completed by Jan. 8.
Taiwan Taoyuan International Airport has two runways — 05/23 and 06/24.
The company originally planned for work on the 05/23 runway to take place from Sept. 15 to Dec. 13. However, the contractor backed out of the project in the middle of last month as a result of financial problems, causing the project to be delayed for nearly one month.
The company reopened bidding for the contract last week and is still requiring the winning contractor to finish renovation work by Jan. 8, when passenger numbers will spike as people return home for the Lunar New Year holidays
However, that requirement reduced interest in the project because many considered the risks for being in default on the terms of the contract to be too high.
RSEA Engineering Corp (榮工工程) won the contract on Sunday by placing a bid of NT$180 million (US$5.94 million), which was closest to the minimum bid of NT$190 million, the company said.
To meet the deadline of Jan. 8, the company said that RSEA would have to work around the clock, adding that the company started work yesterday.
In view of the issues with the 05/23 runway, the company has decided to review the contract for renovation work on the 06/24 runway and will announce the results of that next year.
According to TIAC, the estimated cost of the entire runway renovation project will top NT$10.7 billion, which will also include the cost for upgrading new navigation facilities.
The runway project is scheduled to be completed in 2014.
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