The Government of Greece through the Ministry of Infrastructure and Transport has officially launched the tender for the design, construction, financing, operation, and maintenance of the Kalamata - Rizomylos - Pylos - Methoni road project in southwest Peloponnese.
The EUR312 million (US$350.61 million) road project will have a total length of 50 km and a 30-years concession period. The first 4 years of the construction phase and the remaining 26 years of operation and maintenance. The repayment of the project will be made through availability payments.
The selected private partner will take responsibility of:
- the preparation of all the studies required for the construction of the project, on the basis of the studies provided by the contracting authority, the final design of the project to be carried out during the award procedure and its environmental permits;
- construction of all work planned in the design studies of the project, with the aim of fully operational performance and readiness of the project;
- financing the project, as it will be, on the basis of definitive planning;
- maintenance, operation of the road section "Kalamata - Rizomilos - Pylos - Methoni", as provided for in the final design, for the duration of the cartel;
- return of the project to the Greek State, according to the provisions of the contract, at the end of the contract period.