Mexico: no extended bid deadline for La Raza-Indios contract

Despite concerns from infrastructure groups, the Mexican government will not to extend the deadline for bids for the design, construction, operation and maintenance of the La Raza-Indios Verdes-Santa Clara motorway. Mexico’s Secretariat of Communications and Transport said the deadline remains as August 24 for the contract which will be a 30-year public-private partnership estimated to worth around $364 million.
Finance & Funding / August 5, 2015
Despite concerns from infrastructure groups, the Mexican government will not to extend the deadline for bids for the design, construction, operation and maintenance of the La Raza-Indios Verdes-Santa Clara motorway.

Mexico’s Secretariat of Communications and Transport said the deadline remains as August 24 for the contract which will be a 30-year public-private partnership estimated to worth around $364 million.

El Economista newspaper reported that interested companies include Promotora y Operadora de Infraestructura (1415 Pinfra) and Controladora de Operaciones de Infraestructura (Conoisa), a subsidiary of 2765 ICA.

The winner of the contract will be announced on September 29 and completion is set for the second half of 2018.

Other firms such as 5494 OHL Mexico, 3959 Sacyr Concesion de Mexico, Promotora del Desarrollo de America Latina, Promotora y Desarrolladora Mexicana, Omega, Caabsa Infraestructura and China Harbour Engineering Company are also interested in the project.

3260 World Highways reported earlier this month that OHL Mexico, a subsidiary of Spanish construction firm OHL, confirmed it will bid for the 9.5km road deal.

According to the tender conditions, the winning company will be authorised to charge a maximum toll of fare of nearly 17 cents US per kilometre, although this could change if the country's financial situation affects substantially the economics of the contract.
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