Brazilian bridge being built

In Brazil the firm EcoRodovias has won the tender process for the Rio-Niteroi bridge contract. The Brazilian road management firm was awarded the tender for the Rio-Niteroi contract, with its proposed low charge for each user of the bridge. The company will take over management of the route from May 2015, for a period of 30 years. The tariff charged for light vehicles will immediately drop from the current US$1.61 (BRL 5.20) to $1.15 (BRL 3.70) when EcoRodovias takes over from CCR, which has the contract fo
March 23, 2015 Read time: 1 min
RSSIn Brazil the firm 2688 EcoRodovias has won the tender process for the Rio-Niteroi bridge contract. The Brazilian road management firm was awarded the tender for the Rio-Niteroi contract, with its proposed low charge for each user of the bridge. The company will take over management of the route from May 2015, for a period of 30 years. The tariff charged for light vehicles will immediately drop from the current US$1.61 (BRL 5.20) to $1.15 (BRL 3.70) when EcoRodovias takes over from CCR, which has the contract for the bridge at present. CCR presented the weakest offer of the six groups participating in the tender. The Nova Guanabara consortium placed second in the tender process. EcoRodovias is expected to invest $402.5 million (BRL 1.3 billion) in the road over the course of the contract.
Road Structures

For more information on companies in this article

Related Content

  • Colombian concession contracts cause concern
    June 13, 2014
    A report from insurance firm AIG warns that up to half of Colombia's 4G highway concessions could face financial hurdles due to over-estimated predictions of traffic flows. Colombia is at present putting out to tender its fourth generation (4G) concessions, which involve some US$25 billion in investment, reports Business News America. This investment is impressive and is Latin America's biggest move to expand and improve road infrastructure. But while many companies have shown interest and were prequalified
    Read More
  • Bidders announced for Panama project
    June 18, 2012
    The consortium made up of Acciona Infraestructuras and Tradeco from Spain and Mexico and the consortium made up of Odebrecht and Hyundai Joint Venture from Brazil and South Korea plus Vinci Construction Grands Projets from France have pre-quali ed in the tender for the construction of a new bridge at the Atlantic side of the Panama Canal. The second stage of the selection process will involve the client Panama Canal Authority (ACP) sending the contract terms and conditions to bidders. The 75m high and 4.6k
    Read More
  • Boost to infrastructure, autonomous cars in UK budget
    March 17, 2016
    The UK chancellor announced in his spring budget what he called the biggest investment, US$87.5 billion (£61 billion), in transport infrastructure in generations and is increasing capital investment in the transport network by 50 per cent over this Parliament compared to the last. The government plans to establish the UK as a global centre for excellence in connected and autonomous vehicles by establishing a US$24.1 million (£15 million) ‘connected corridor’ from London to Dover to enable vehicles to com
    Read More
  • Landmark bridge for Italy?
    August 9, 2023
    The news that the Italian Government is once again considering building a bridge spanning the Messina Strait is of major significance for the construction sector, as well as for the country.
    Read More

Highlighted Content