Back in March, Glasgow City Council decided to pull the plug on Rogers' designs for a new crossing ( bottom) between Broomielaw and Tradeston after the budget for the landmark project spiralled to almost £60 million ( Rogers' Glasgow bridge dropped as costs soar).
However the Danes' new scheme, which is expected to be given the official thumbs-up by the council tomorrow (8 December), will cost just £33 million.
The bridge itself will only set the council back £3.7 million - the remaining budget has been set aside for buying the land, quay-wall works and improving the public spaces around the link.
It has been confirmed contractor Edmund Nuttall has now been selected to deliver the project, which locals have nicknamed the Squiggly Bridge.
The council's executive member for development and regeneration services, Hanzala Malik, said the latest design represented 'outstanding value for money.'
Malik added: 'We have worked with the contractor before on the construction of the Clyde Arc and have no doubt that they will provide a bridge which will be equally popular with residents and tourists alike.
'This bridge will provide the link to excellent public realm work on both banks which will provide a highly attractive area in which to work, live and play.'
The new bridge is expected to open in May 2008.