State-owned company Metro de Bogotá has selected six international consortia out of seven bidders that submitted their certifications and credentials on February 25 to proceed with the last phase of the tender for the development of a Bogotá Metro Line 1 project the under Public-Private Partnership (PPP) scheme in Colombia.
The six groups are:
Of the seven groups that expressed interests in the project, only China Railway Group Limited has failed to demonstrate compliance with each and every one of the established requirements. However, based on the regulation, the company can demand changes and make observations to the report published by the Metro de Bogotá Company.
The six groups are given four weeks to present comments and suggestions to the texts of the specifications, the contract minutes and the appendices that contain the technical specifications of the project. After the final documents will be published, the six teams will have to structure and present their respective offers in August. The awarding of the contract is expected to be done between September and October to the group that presents the most economical offer.
The winning consortium will have the responsibility to carry out its detailed designs, obtain partial financing of the project, execute the works, provide trains and equipment, and assume the operation and maintenance of the system during the first 20 years of commercial operation.
The district administration and the Metro Company have been rigorous in applying the necessary protocols to protect the process from any attempt at corruption. To atchieve greater transparency, the process relies on the integrity offices of the multilateral banks, which have sanctioning capacity of international scope. These policies allowed to discourage the participation of firms without sufficient technical or financial capacity, as well as those excluded by corrupt practices.
The Bogotá Metro Line 1 project involves the development of a 23.96 kilometers railway from the Portal of the Americas to Caracas Avenue, along Villavicencio Avenue, Primero de Mayo Avenue and Calle 1. Then, the road will go north on Caracas Avenue to 72nd Street. The subway portion will have 16 stations, 10 interchange with TransMilenio, every 1.4 kilometers on average. And from the second section the designs will be ready to reach Calle 127 along the Autopista Norte.
The Bogotá Metro Company (EMB) has announced that seven consortia have submitted bids to prequalify to design, partially finance, construct, operate and maintain the first line of the city's metro system.
Read moreThe General Manager of Bogotá Metro Company (EMB) has announced that the public-private partnership to design, partially finance, construct, operate and maintain the first metro line in the city, estimated to cost US$4.4 billion, will be awarded in September.
Read moreThe Ministry of Transport of the government of Colombia and the national development bank Financiera de Desarollo Nacional (FDN) have announced that the Bucaramanga-Barrancabermeja-Yondó road project has reached financial close, having secured financing totalling COP1.68 trillion (US$527.4 million).
Read moreAs promised by the Mayor of Bogotá less than two weeks ago, the Bogotá Metro Company (EMB) has announced the opening of the tender to design, partially finance, construct, operate and maintain the first line of the city's metro system. The total cost of the PPP project is US$4.4 billion.
Read moreThe Inter-American Development Bank (IDB) has approved a US$600 million conditional credit line for the Bogotá Metro. The first loan of the credit line, amounting to US$70 million, will finance the construction of the first line of the planned system, which is to be undertaken by a private partner.
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