Mexico launches tender for elevated highway PPP
The Ministry of Communications and Transport of Mexico has launched a tender process to develop the "Viaducto La Raza Indios Verdes Santa Clara", an elevated highway through a PPP project.
The 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 project will be developed on a design, build, finance, operation and maintenance (DBFOM) basis. The concession period will be 30 years.
The total project investment is estimated at P5.556 billion (US$360 million).
Interested parties must submit their proposals on or before 24 September 2015. The preferred bidder is scheduled to be selected on 29 October 2015.
According to sources, it is expected that firms such as ICA, Pinfra and OHL México will bid for the project.
See tender announcement: http://dof.gob.mx/nota_detalle.php?codigo=5393806&fecha=26/05/2015
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