Project „Development of Road E262 (Kaunas–Zarasai–Daugpilis) of the Transeuropean Network. Road Pavement Reconstruction“ Project „Development of Road E262 (Kaunas–Zarasai–Daugpilis) of the Transeuropean Network. Road Pavement Reconstruction“ The project is financed from the European Union Structural Assistance funds 2007–2013 according to the Economic Growth Action Plan Priority 5 “Development of Trans-European Transport Networks“ instrument VP2-5.1-SM-01-V “Enhancement of the Permeability of Trans-European Road Infrastructure. Improvement of Technical Parameters". International corridors crossing our country are the main part of the Lithuanian road network. Road E262 of the Transeuropian network, merging on Lithuanian territory with main road A6 Kaunas–Zarasai–Daugpilis, is one of the links of network of the European transport corridors. There are still some sections of this road falling behind the requirements for international roads. The main objective of the project is the improvement of road technical parameters, adapting them to the growing traffic volume, the improvement of traffic conditions, the preservation of harmony with environment.. After performing of works foreseen in the strategic development programmme for road E262 of the Transeuropian network the following benefits will be achieved: · improved image of Lithuania as a transit state; · improved road traffic conditions; · reduced accident rate; · reduced vehicle operating costs; · slower pavement degradation and longer pavement service life; · lower costs of routine maintenance. Preliminary Cost of Project 140,772,754 LTL including: EU Funds 125,728,882 LTL Road Maintenance and Development programme 15,043,872 LTL Start date of Project 23/03/2010 End date of Project 31/12/2011 The project includes: - reconstruction of 31.34 km road pavement; - construction of 0.664 km of pedestrian and cycling paths; - construction of traffic-light control at the road intersections to Išorai, Zatyšiai and Stašenai; - construction of 20.5 km wire net fencing; - installation of 1.28 km illumination; - construction of underground pedestrian passageway; - reconstruction of 2 bridges. Contracts of the Project Works Contract Contract No 1 (S-132) Date of Contract signing 9th April 2010 Contractor AB „Panevežio keliai“ Contract price 76,227,914.89 LTL Estimated date of completion 26 th January 2011 Works Contract Contract No 2 (S-343) Date of Contract signing 28th June 2010 Contractor UAB „Fegda“ Contract price 39,785,583.67 LTL Estimated date of completion 2 nd July 2011 Works Contract Contract No 3 (S-84) Date of Contract signing 23rd March 2010 Contractor AB „Panevežio keliai“ Contract price 23,580,020.68 LTL Estimated date of completion 30 th November 2010 Technical Supervision Contract Contract No S-77 Date of Contract signing Contractor 20th March 2010 UAB „Kelvista“ Contract price 2,033,574.52 LTL Updated 26-07-2010