Two bidders compete for Russian highway concession
Russia's government-owned Avtodor has announced that two teams have bid for the 4th section of M-11 Moscow-St Petersburg highway.
Mostotrest and Autobahn in the bidders for the tender process.
The 4th section of M-11 highway (km 208 - km 258) involves the construction, maintenance, current and capital repair and toll operation of the road. The contract period is 23 years. The project includes the development of four bridges, 16 overpasses and three road junctions, among others.
Mostotrest has estimated the total project investment at RUB32.3 billion (US$770.5 million).
Autobahn has estimated the total project investment at RUB31.03 billion (US$740.2 million).
The preferred bidder is set to be announced on 20 November this year.
This project was tendered in mid September together with two other road PPP projects:
- M3 Ukraine project. The project involves the reconstruction, maintenance, current and capital repair and toll operation of the road from Moscow to the border with Ukraine (on to Kiev).
- Section 5 of the Moscow Central Ring Road (CRR). The project involves the construction, maintenance, current and capital repair of the 76.44 km section.
Country news
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October 28, 2014
Five teams fight for fifth section of Moscow ring road
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October 30, 2014
Two teams submit bids for M3-Ukraine tender
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October 30, 2014
Russian law firm adds PPP & Construction Head in St. Petersburg
Egorov, Puginsky, Afanasiev and Partners law firm has appointed Olga Mishchenko as Head of the Construction and PPP practice group in the St. Petersburg office. Read more -
November 26, 2014
Preferred bidders announced for Russian highway projects
The State Company Russian Highways, Avtodor, has announced the preferred bidders for the Section 5 of the Moscow Central Ring Road (CRR) and for the M3 Ukraine project. Read more -
December 04, 2014
RDIF and Renaissance to jointly invest in Russian PPP projects
The Russian Direct Investment Fund (RDIF) and Renaissance Holding, one of the leading construction, development and investment companies, have agreed to jointly invest into projects across Russia's regions. Read more
