BAM wins motorway deals in The Hague and Munich

The Dutch city of The Hague has awarded a BAM joint venture with a €300 million design, construction and maintenance contract for a 4km city road. The new connecting road will run between the motorway at the Ypenburg interchange, A4 and A13, and The Hague’s Central Zone of Binckhorst-Centrum-Scheveningen. Construction will start in mid-2016 and the road is expected to be open by early 2020. The Rotterdamsebaan will make The Hague and its immediate region better accessible by connecting the A4 /A13
Finance & Funding / December 7, 2015
The Dutch city of The Hague has awarded a 7456 BAM joint venture with a €300 million design, construction and maintenance contract for a 4km city road.

The new connecting road will run between the motorway at the Ypenburg interchange, A4 and A13, and The Hague’s Central Zone of Binckhorst-Centrum-Scheveningen.

Construction will start in mid-2016 and the road is expected to be open by early 2020.

The Rotterdamsebaan will make The Hague and its immediate region better accessible by connecting the A4 /A13 motorways and the city centre ring road. This should lessen congestion on the Utrechtsebaan, according to a statement from BAM.

Nearly 2km will be underground, running under the Westvlietweg, Voorburg-West, the Forum Hadriani archaeological site and the Binckhorst harbour.

The joint venture consists of BAM Infra and BAM’s German tunnel specialist 5907 Wayss & Freytag Ingenieurbau.

Meanwhile, in Germany, BAM has won a €1.01 billion contract as part of a consortium with German construction company Berger and French company 5871 Eiffage. The deal is for construction and maintenance of 33km of motorway east of Munich.

Construction costs are estimated at around €400 million with the remaining investment for the maintenance of the motorway for a 30 years and the maintenance of 77km of motorway between Munich and Passau.

Among important wins for BAM in the past year was a major deal in the Irish Republic, but which has yet to be finalised. Last December, a BAM PPP PGGM and Iridium consortium was named preferred bidder for the N25 New Ross Bypass project in the Irish Republic.

The €217 million contract is for the design, build, finance, maintain and operate - involves 13.6km of dual carriageway on the N25 and N30 routes and 1.2km of the carriageway New Ross N30 route. It also includes a new bridge, extending 900m over the River Barrow to the south of New Ross. Ancillary road works will also be required.

Irish media reports have said finalisation of the deal is imminent.

BAM PPP is responsible for Royal BAM Group’s involvement in the public-private partnership market market. It operating from offices in the Netherlands, Belgium, UK, Ireland and Germany for projects in the road, rail, education, healthcare, judicial and general accommodation sectors.

PGGM is a cooperative Dutch pension fund provider. Institutional clients are offered asset management, pension fund management, policy advice and management support. PGGM manages around €186.6 billion in assets.

3933 Iridium Concesiones de Infraestructuras is the PPP arm of the 917 ACS Group, with more than 40 years of experience in the design, build, finance, operation and maintenance of PS in highways, toll roads, railroads and bridges.
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