CCR only bidder for $1.7 billion Salvador metro PPP project
Only one company has submitted a proposal for a public private partnership (PPP) contract for the implementation and operation of the metro system of Salvador e Lauro de Freitas - SMSL.
CCR, which has among its main shareholders, Andrade Gutierrez and Camargo Correa, was the only bidder.
The PPP project involves the construction of Line 2, the extension of Line 1 and the operation and maintenance of both lines for 30 years.
The submission of proposals took place on Monday August 19th at the Sao Paulo Stock Exchange (Bovespa). The state Commission already approved the technical requirements from CCR's bid. The opening of the economic and financial bid is scheduled for today at 14h30 Sao Paulo's time.
Construction companies Andrade Gutierrez and Camargo Correa were part of the consortium building the Line 1 of Salvador metro system.
The project was structured with a PMI in 2012. The winning bidder will have to pay R$2.500.000,00 to the following companies for the Feasibility Studies carried out in the PMI stage:
- 65% to Invepar,
- 19% to Odebrecht/Setps and
- 16% to Camargo Correa/Andrade Gutierrez.
The estimated investment for the project is US$1.7 billion.
Source: PPP BrasilCountry news
-
-
August 23, 2013
CCR one step closer to win $1.7 billion Salvador metro PPP project
After being the only bidder for the PPP contract for the implementation and operation of the metro system of Salvador e Lauro de Freitas, we discovered yesterday that Companhia de Concessões Rodoviárias (CCR) requested a valid annual payment of R$ 127,6 million. That amount is 5 % lower than the minimum amount allowed in the tender documents, R$ 134,4 million. Read more -
August 26, 2013
Sao Paulo signs Sao Lourenco water PPP project
Sao Paulo government has announced that governor Geraldo Alckmin has signed a R$2.21 billion (US$906 million) contract for São Lourenço water concession with a consortium composed of Camargo Corrêa and Andrade Gutierrez. Read more -
August 27, 2013
Santander buys 40% in Brazil wind venture BW Guirapa I
According to local sources, Spanish banking group Santander has purchased a 40 % stake in Brazillian wind development company BW Guirapá I. Read more -
August 28, 2013
Curitiba receives four Feasibility Studies for metro PPP project
The city of Curitiba has received four Feasibility Studies after publishing a Request for Expression of Interest (PMI) to structure a Public private partnership project for Curitiba underground. Read more -
August 28, 2013
Planos Engenharia to structure car park PPP project in Rio
Local engineering company, Planos Engenharia, has been selected by the Municipality of Rio de Janeiro to structure a Public private partnership contract for a car park project in the city of Rio de Janeiro. The selection has been carried out through a "Procedimento de Manifestação de Interesse" (PMI). Read more
