The Ministry of Public Works and Communications (MOPC) has published the terms and conditions for the tender of the Public-Private Partnership (PPP) project related to the design, financing, construction, maintenance, and operation of Route PY01, in the Cuatro Mojones - Quiindy section.
Below are the 10 most relevant points:
- The project: the PPP contract aims to expand, improve, and maintain Route PY01, in the Cuatro Mojones - Quiindy section.
- Duration: the contract will have a duration of 30 years, during which the Special Purpose Vehicle (SPV) must comply with the various phases of construction, operation, and maintenance.
- Division into sections: the project is divided into 18 functional sections.
- Financing requirements: bidders must present a financing commitment from their financiers, detailing the terms and conditions of the funds required for the project.
- Payment regime: the SPV will receive payments through Deferred Investment Payments (PDI), Availability Payments (PPD), and Traffic-Linked Variable Payments (PVT), in addition to additional income from the commercial exploitation of the right-of-way.
- Contractual guarantees: the terms require the submission of a contract performance guarantee and allow the establishment of special guarantees in favor of creditors.
- Assignment of the contract and collection rights: the contract can be assigned to a third party with the authorization of the MOPC.
- Bid evaluation and comparison: bids will be evaluated based on both technical and economic terms.
- Eligibility to submit bids: only companies or consortia that have been prequalified in the previous process, as established in Ministerial Resolution No. 2218, will be eligible to submit bids.
- Deadlines and key dates: the deadline for submitting bids is December 18, 2024, at 10:00 a.m.