The Greek Special PPP Secretariat has informed that binding offers were submitted on July 19th 2013 for the selection of the private partner who will undertake the implementation of an integrated automatic fare collection system for all means of transport managed by the Athens Urban Transport Organisation.
The three candidates that submitted binding offers are the following:
The private partner will undertake the funding (50% private funds, 50% National Strategic Reference Framework resources), design, installation, operations support, maintenance and technical management of the system for 12 years and will be repaid during operation, through a payment mechanism based on the evaluation the quality of services offered.
Source: PPP Secretariat Greece