Brazilian bridge being built

RSSIn Brazil the firm 2688 EcoRodovias has won the tender process for the Rio-Niteroi bridge contract. The Brazilian road management firm was awarded the tender for the Rio-Niteroi contract, with its proposed low charge for each user of the bridge. The company will take over management of the route from May 2015, for a period of 30 years. The tariff charged for light vehicles will immediately drop from the current US$1.61 (BRL 5.20) to $1.15 (BRL 3.70) when EcoRodovias takes over from CCR, which has the contract for the bridge at present. CCR presented the weakest offer of the six groups participating in the tender. The Nova Guanabara consortium placed second in the tender process. EcoRodovias is expected to invest $402.5 million (BRL 1.3 billion) in the road over the course of the contract.