Interest strong in Brazilian bridge tender

Interest is strong in the tender for Brazil’s proposed Rio-Niteroi bridge project. So far three groups have expressed an interest in tendering for the project, 2688 EcoRodovias, 7126 Arteris, and current contract holder CCR. The tender will commence on March 18^th 2015. A number of other groups had shown interest but will duck out due to legal issues relating to the Lava-Jato case that is ongoing at present. Brazil’s national land transport agency 5354 ANTT has set a maximum tariff value for the bridge toll at US$1.89 (BRL 5.18). The winner of the tender will be the offer with the lowest tariff, with the contract to last 30 years, and investments estimated at $1.85 billion (BRL 5.14 billion).