HRADF extends application submission period deadline for the Attiki Odos concession tender
The Fund has also made changes to the declaration apart from the deadline extension.
The HRADF has decied to extend for a few weeks the deadline for submitting an expression of interest file for the concession of Attiki Odos given the intense investment interest.
The HRADF has reportedly decided to offer two more weeks to interested parties in order to have the time to submit their applications as it aspires to attract the maximum possible participation in the competition for a project that the government expects to exceed the price of Egnatia Highway (Egnatia Odos) project (that is c. € 1.5 billion).
In addition to the extension, however, the Fund also made changes to the declaration according to which the criterion of experience in managing highways was reduced from 20% to 10%, while this participation can also be indirect through a subsidiary.
In addition, a new term is being introduced, according to which, "if a Pre-selected Investor (or in the case of an Association of Persons, a member of the Association of Persons) belongs to an investment fund structure (fund), then this experience can be invoked by referral to its manager fund manager (fund manager) from which this Pre-selected Investor (or in the case of an Association of Persons, the member of the Association of Persons) is controlled.
This option is being provided if only the particular manager controls, either directly or through Affiliates (including through investment funds or entities managed by the particular manager or its affiliates) a company or consortium / Association of Persons in which has been assigned the provision of maintenance, operation and operation of Similar Motorway Infrastructure for a period of at least two (2) consecutive years during the last five (5) years before the submission of the Binding Bids ".
It is been reminded that the international tender concerns the concession of services related to the financing, operation, maintenance and operation of Attiki Odos for 25 years as the existing contract expires in 2024.