The University of Crete has shortlisted six companies out of seven companies that submitted bids for the student housing project. The project envisages, in the form of a Public-Private Partnership (PPP), the construction of 3,000 student residences as well as the completion of the Grand Amphitheater at the University of Rethymnon. Specifically, it anticipates the construction of a complex of 2,000 student residences in the French University Campus in Rethymnon and 1,000 student residences in the Heraklion Campus.
The six shortlisted companies are :
- GEK TERNA
- AKTOR CONCESSIONS
- AVAX
- INTRAKAT
- J/V MYTILINEOS-ATESE
- ARCHIRODON GROUP NV
The term of the contract will be 30 years (3 years of construction and 27 years of operation). During this period the contractor will be responsible for the maintenance, cleanliness, maintenance, and insurance of the premises. The project foresees an investment of EUR 255 million (US$ 283.75 million) including VAT and EUR 205.94 million (US$ 229.16 million) excluding VAT.
