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The Secretariat of Communications and Transportation (SCT) of Mexico, the national federal entity in Mexico in charge of concession projects, has awarded to P-infra the "Viaducto La Raza – Indios Verdes – Santa Clara" concession project.
Pinfra's proposal included construction costs of US$248 million. P-infra offered toll fees of around US$2.
The concession contract involves the design, build, finance, operation and maintenance (DBFOM) of the new road during the 30 year concession period.
The road PPP project involves the construction of a new 9.5 km elevated highway that will connect the north part of Mexico city with the México-Pachuca road. The highway will have four lanes in each direction.
The Viaducto La Raza Indios Verdes Santa Clara project was already tendered in 2015 but the proposals by an Omega Corporacion - led consortium and Mota-Engil México did not reach the exigencies of the SCT. According to SCT the economical proposals were considered insolvent.
We have recently announced that the SCT awarded the Tepic - San Blas highway concession to Red De Carreteras de Occidente (RCO), a company managed by Goldman Sachs. This announcement comes after RCO emerged as the only bidder for the road PPP project.
Additionally, we also reported that the Las Varas - Puerto Vallarta PPP project only received a proposal from IDEAL.