Interest strong in Brazilian bridge tender

Interest is strong in the tender for Brazil’s proposed Rio-Niteroi bridge project. So far three groups have expressed an interest in tendering for the project, EcoRodovias, Arteris, and current contract holder CCR. The tender will commence on March 18th 2015. A number of other groups had shown interest but will duck out due to legal issues relating to the Lava-Jato case that is ongoing at present. Brazil’s national land transport agency ANTT has set a maximum tariff value for the bridge toll at US$1.89 (BRL
February 10, 2015 Read time: 1 min

Interest is strong in the tender for Brazil’s proposed Rio-Niteroi bridge project. So far three groups have expressed an interest in tendering for the project, 2688 EcoRodovias, 7126 Arteris, and current contract holder CCR. The tender will commence on March 18th 2015. A number of other groups had shown interest but will duck out due to legal issues relating to the Lava-Jato case that is ongoing at present. Brazil’s national land transport agency 5354 ANTT has set a maximum tariff value for the bridge toll at US$1.89 (BRL 5.18). The winner of the tender will be the offer with the lowest tariff, with the contract to last 30 years, and investments estimated at $1.85 billion (BRL 5.14 billion).

Road Structures Finance & Funding

For more information on companies in this article

Related Content

  • Brazilian road projects on track
    February 15, 2012
    A package of road works worth some US$206 million will be carried out in Brazil's Sao Paulo State. The civil engineering work will be focused on roads in the Baixada Santista area.
    Read More
  • Show me the money at Australian Summit
    September 4, 2012
    The question of how to finance and fund major road infrastructure projects in Australia – including the potential role of user-pays charging as a funding solution – was top of mind at the recent Roads Australia National Summit in Sydney. The two-day summit, organised by peak national body Roads Australia, is the largest and most influential annual gathering of industry decision-makers in the country. This year’s summit was held against a backdrop of concern over the future of a raft of major road projects t
    Read More
  • Budimex fears the return of a price war in Polish road market
    May 7, 2015
    Major Polish construction company Budimex has said that only one out of its 15 road tender bids submitted this year to the Polish General Directorate for National Roads and Motorways (GDDKiA) has had the lowest price. In 2014, its bidding effectiveness stood at one in four. Budimex said it is concerned that a price war is returning to the Polish construction market. Differences in the prices proposed by bidders are huge and that prices offered by its rivals are too low and are unrealistic. It has b
    Read More
  • A slow start for Mexico’s Atizapan-Atlacomulco highway
    June 9, 2015
    Almost one year after work started on Mexico’s Atizapan-Atlacomulco highway, little progress appears to have been made. OHL Mexico, a subsidiary of the Spanish construction firm OHL group -- Obrascon Huarte Lain -- said that the apparent lack of progress is due to the government not having arranged access to the road. Sergio Hidalgo, director general for OHL Mexico, told investors that the land for the first of three stages of the project, covering 25km between Atlacomulco and Ixtlahuaca was released
    Read More

Highlighted Content