The High Court of Ireland has lifted the suspension of the Dublin Institute of Technology (DIT) campus PPP project at Grangegorman.
Last March the National Development Finance Agency (NDFA) of Ireland has selected Eriugena Group as the preferred bidder for the project. The team is composed by Macquarie Capital Group Ltd. (equity provider), John Sisk & Son Ltd., FCC Construcción S.A. (construction contractor), and MITIE, and Noonan Services Group Ltd. (FM service provider).
After that, BAM challenged the decision to award the project. The company argues that the wining team and Kajima, the third place tenderer, submitted late bids. According to sources, the bid documents were uploaded when the deadline passed.
The court's decision was made after a request from the NDFA, which understand that the extra time did not give Eriugena a main advantage. The final decision in the dispute as the case is due to be heard on 9 February 2016. However, there is no suspension and the NDFA can go ahead to award the project.
The project, which has a 25-year concession, consists of two new technologically-advanced education buildings - the Central and East quads - at DIT's new education campus at Grangegorman. This project is valued at some €180 million (US$195.5 million).
DIT's new campus will accommodate approximately 11,000 students and staff when completed and occupied in September 2017, consolidating up to 40 buildings into a single site. This will derive significant efficiencies for a key third-level institution, which constitutes some 10% of all third-level education places in Ireland.