Lithuania halts €80mn tender to build national stadium in Vilnius

By bne IntelliNews October 23, 2018

The Supreme Court of Lithuania suspended tender proceedings to build a new national stadium in the capital Vilnius, local media reported on October 22.

The court said Vilnius city hall must accept a tender application from Vilniaus Nacionalinis Stadionas and review it. The company was previously eliminated from the tender. Vilnius authorities eventually picked Axis Industries to carry out the stadium project.

The proposal that Vilnius must now accept was rejected because it arrived in a sealed envelope, not electronically, as the tender conditions required, according to the Baltic Times.

Axis Industries offered to build the national stadium complex for €79.9mn. The value of the rejected offer is not known.

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