The process for the new tender regarding the operation of Attiki Motorway begins With the hiring of a technical and financial consultant. The three companies that have been selected by the Ministry of Infrastructure and Transport are: RACE Consulting Engineers LP, LDK Consulting Engineers SA and Hill International.
What is interesting in the decision of the Minister of Infrastructure and Transport, Mr. Kostas Karamanlis, is that it gives the possibility for more than one concession contracts, that is, the exploitation and operation of Attiki Motorway in sections.
As described in the decision: “The Ministry of Infrastructure and Transport intends to auction in the near future one or more concession agreements for the operation and maintenance of Elefsina-Stavrou-A/D Spata and the Western Regional Avenue of Ymittos, in combination with additional construction projects (extensions of Attiki Motorway and/or projects on other roads)”.
This scenario has gone public since last autumn and was even linked to funding VOAK Motorway project in Crete. The previous model received by the Ministry of Infrastructure for VOAK was considered financially unsustainable, however, this is just one among many scenarios for the next day on Attiki Motorway, that are on the table.
The search will be carried out with two elements: one related to the financial aspect as this affects the expiration date of the contract and the second to the parameters related to the provision for obligations such as heavy maintenance, upgrade of the tolling system, etc.
In more detail, the search will include issues related to:
Carrying out technical control of the Concession Agreement during the period of operation and maintenance and specifically for the production of a technical report focusing on the following issues:
A. Identification of time points for heavy maintenance of the project
B. Cost of heavy maintenance
C. Estimation of foreseen costs for the fulfillment of the obligations deriving from the concession agreement
D. Identification of the systems that refer to the regulation/control of the circulation as well as the collection of toll fares
E. Additional or emergency works performed which are not compensated by the State and that have been accounted for and have also been included in the financial model
F. Operating-maintenance costs in addition to the fixed remuneration of the operator and matching with the provisions of the contract between the operator and the concessionaire
In addition, issues such as: the validity of the applicable parameters for the correctness of application by the concessionaire, scrutiny on financial statements, extraction of information regarding contractual clauses on tax-free reserve, accumulated losses, etc. as well as the investigation of existing loan obligations, etc.
Technical offer for Hellinikon casino project, approved
Α step forward has been taken in the case of the casino in Elliniko since, as it became known, the technical offer of Mohegan-GEK TERNA consortium was approved by the Gaming Supervision and Control Committee (EEEEP), which is also the finalist for this large-scale project.
What remains now is the award of the tender, a step which is currently unknown when it will take place due to the pending case of Hard Rock International’s appeal to the Council of State. It is reminded that the American company made this move despite the repeated negative decisions for it in this tender, due to the rejection of its offer.
The completion of the tender for the Integrated Resort Casino (IRC), is a basic deferral condition for the initiation of the project in Elliniko, which means that the relevant contract must first be signed in order for the signatures concerning the large investment in the spaces of former international airport to be completed.
The official name given by Mohegan-GEK TERNA consortium is “Inspire Athens” and is a mega-project, in fact the largest building project in Greece, while for GEK TERNA will be a top addition to the portfolio of projects that implements.
“Inspire Athens”, the first integrated tourist complex with casino in Greece, consists of a luxury hotel, entertainment venues, conference center, shops, restaurants, as well as a complete range of high quality services. The project will help to inaugurate a new era of touristic development and economic prosperity for Greece and the whole region.
The flagship design of the building is a creation of the international architectural firm Steelman Partners, which specializes in the design and construction of IRC complexes.
Shift2Rail approves €75.4m funding for 19 projects
The Shift2Rail (S2R) joint venture (JV) has announced that it will provide up to €75.4m in funding for 19 projects worth a total of €147.7m under the 2020 call for proposals for research and innovation (R&I) activities.
S2R members will undertake eight projects worth €127.7m, with the JV providing €55.4m in funding. An additional 11 open call projects worth €22m have been approved, of which up to €20m will be funded by S2R.
A total of 242 participants will be involved in the projects, with 29% of these small and medium enterprises (SMEs).
S2R received 43 requests for a combined €113.3m in funding in the call for proposals, which was around 50% more than the funding available.
“This is an important transition moment for S2R and the rail research and innovation community at large,” says S2R executive director, Mr Carlo Borghini. “These new projects are our ticket to moving into the successor programme and beyond R&I to market uptake of our forward-looking solutions.”
S2R has invested its full budget of €400m over the past four years, resulting in the launch of research worth an estimated €1bn. Last year, S2R published the inaugural edition of its Catalogue of Solutions, which offers railway executives and buyers a clearer picture of what the rail solutions of the future will look like.
Pyrgos-Kalo Nero road project in Western Peloponnese, signed
The important road project concerning the upgrade of road safety on Pyrgos-Kalo Nero axis was signed. The contractor of the project is ODOS ATE with a discount rate of 46.53%. It is a 54 km long interregional project. which includes works in both the Prefecture of Ilia and of Messinia, improving the characteristics of the existing section and increasing the level of road safety. The contracting authority is the Ministry of Infrastructure and Transport.
The project was signed on July 23 at the Ministry of Infrastructure and Transport, in Papagou. The initial cost of the project reached 19.8m euros (VAT incl., excl. VAT: 15.96m euros). The auction of the project took place on September 12 and the unsealing of the offers on September 18, 2019. A total of eight companies participated.
The duration of the contract is 730 days, i.e. 2 years. According to rough calculations, the projects, if there aren’t any delays during the construction period, will be completed in the middle of 2021.
The financing of the project will be covered by the NSRF 2014-2020 and more specifically by the O.P. YME-PERAA. It is reminded that Pyrgos-Kalo Nero was part of Olympia Odos until 2013. Then in the famous “restart”, the whole section from Patras to Tsakona was out of the scope of the project. This section also includes the area of Kaiaphas, which has been designated as Natura.
The scope of the project is the implementation of short-term interventions in order to improve road safety featured on the road section of National Road 9 (National Road 9: Patra-South Messinia) “Pyrgos-Kalo Nero”, with a total length of 54 km, in the Regional Units Ilia (42 km) and Messinia (12 km).
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