São Paulo calls US$1.6bn Tamoios highway PPP

Brazil's São Paulo state is due to call a tender by March 28 2014 to concession its Tamoios highway, a government official is reported to have told regional media. "Governor Geraldo Alckmin will be officially announcing the launch of the tender next week [Mar 24-28]," the official said last week without giving further details. Budgeted at US$1.61 billion (BRL 3.74 billion), the concession involves operating and maintaining the Planalto and Serra stretches of the Tamoios highway, also known as SP-99, which
March 24, 2014 Read time: 2 mins
RSSBrazil's São Paulo state is due to call a tender by March 28 2014 to concession its Tamoios highway, a government official is reported to have told regional media.

"Governor Geraldo Alckmin will be officially announcing the launch of the tender next week [Mar 24-28]," the official said last week without giving further details.

Budgeted at US$1.61 billion (BRL 3.74 billion), the concession involves operating and maintaining the Planalto and Serra stretches of the Tamoios highway, also known as SP-99, which runs between the city of São José dos Campos and coastal city Caraguatatuba.

The contract also involves 21.5km of road widening along the Serra stretch, and managing the Caraguatatuba and São Sebastião beltway, also known as highway SP-55.

Government payments to the concessionaire, due between years six and 30 of the contract, should be no more than $2.48 billion (BRL 5.8 billion). The concession has an expected internal rate of return of 8%.

Among the companies that have shown interest are Galvão Engenharia, CCR, 2688 Ecorodovias, Odebrecht Transport of the 1305 Odebrecht group, Queiroz Galvão Construtora, Serveng-Civilsan, and Encalso Construções.
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