Interest from 5 companies for Kalamata-Pylos-Methoni PPP road project

Five companies have expressed their interest for the new major PPP road project regarding the upgrading of Kalamata-Pylos-Methoni road axis. These are: AVAX, AKTOR CONCESSIONS, INTRAKAT, GEK TERNA and ACCIONNA CONCESIONES-MYILINEOS. Implementing entity is the Ministry of Infrastructure and Transport.

The estimated cost of the project is 312.23m euros (incl. VAT, VAT excl.:251.8m euros). The tender will proceed according to the provisions of L.4412/2016. As it is already known, the contract awarding procedure comprises 2 phases:

Phase A: Expression of interest and

Phase B (including 2 stages):

– Competitive dialogue and

– Binding offers

The duration of the PPP contract will be 360 ​​months (i.e. 30 years) while there is no provision for funding from the European Union. The repayment of the project will be made through availability payments or other installments during the operation period.

Under the partnership agreement, the private partner is expected to undertake the following:

a) The preparation of all the studies required for the construction of the projec (on the basis of the studies provided by the contracting authority, the final design of the project, environmental permits, etc.),

b) Execution of the entirety of the required construction works,

c) Financing the project,

d) Maintenance and operation of the road section “Kalamata – Rizomilos – Pylos – Methoni”, as provided for in the final design, for the duration of the PPP,

e) Return of the project to the Greek State, at the end of the contract period.