The tender process for a major highway project in Brazil attracted only one offer. The tender concerns a 66km stretch of the northern metropolitan road in Belo Horizonte, Minas Gerais State. The offer came from the Rota Metropolitana Norte consortium, comprising 1305 Odebrecht TransPort with a 60% share and 2688 EcoRodovias and Barbosa Mello Participacoes e Investimentos with 20% each. The deal has yet to be confirmed. Once signed, the contract will be valid for 30 years with the possibility that it could be then extended for a further five years.
