New Zealand seeks advisers for road PPP project
The New Zealand Transport Agency (NZTA) has launched a tender process to hire a commercial and financial advisor to support the Ara Tuhono Puhoi to Warkworth road PPP procurement process.
The Puhoi - Warkworth is a 18.5km stretch of new 4-lane highway. The project is part of the 38 km Ara TÅ«hono - PÅ«hoi to Wellsford road, which is divided into two sections: PÅ«hoi - Warkworth and Warkworth -Wellsford.
The new motorway is one of seven Roads of National Significance (RoNs) identified by the government as key to unlocking New Zealand's potential for economic growth.
Construction is anticipated to begin between 2016 and 2019, with the project estimated to take five years to build.
The total investment for the Ara TÅ«hono - PÅ«hoi to Wellsford road is estimated at about NZ$100 million. The project aims to extend the Northern Motorway (SH1) from the Johnstone's Hill tunnels just south of PÅ«hoi to a point north of Wellsford.
At the end of August 2013 the NZTA lodged an application with the Environmental Protection Authority (EPA) for resource consents and a designation to build the PÅ«hoi to Warkworth section of the RoNS. A Board of Inquiry (BOI) hearing took place between 7 April and 5 June 2014 in Silverdale and Warkworth. The board confirmed the designation and resource consents on 12 September 2014.
The tender process to hire commercial and financial advisor to support the Ara Tuhono Puhoi to Warkworth road PPP procurement process was launched on 3 November 2014. Interested parties must submit their registrations of interest (ROI) on or before 14 November 2014.
See tender announcement:
https://www.gets.govt.nz/NZTAHNO/ExternalTenderDetails.htm?id=5870022
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