Macedonia – Corridor 8: technical consultancy
PPP transaction for expansion, operation and maintenance of the western part of Corridor 8 highway.
Country: Macedonia
Location within country: –
Name of Client: IFC – International Financial Corporation
Phase I – Pre-feasibility Technical Study:
- Analysis, review and optimization of existing detailed projects,
- Data collection and preliminary investigations
- Analysis of traffic and preliminary estimate of the toll revenues
- Preliminary economic Analysis
- Preliminary analysis of costs and revenues
Phase II – Feasibility Technical Study:
- Technical analysis and evaluation of the costs of all routes, including data collection
- Study of traffic and toll collection, including analysis WTP e toll collection systems
- Analysis of expenditure (OPEX / CAPEX) and revenues in different scenarios (input to the PEFA load IFC)
- Economic Analysis
- Preparation of technical specifications for the concession contract
- Technical Support general IFC
Phase III – Tender Support
- Preparation of answers to technical questions of potential bidders to grant
- Analysis and evaluation of the technical content of the offers
- Negotiation of technical clauses of the concession contract of the competitor selected
Project Introduction
PPP transaction for expansion, operation and maintenance of the western part of Corridor 8 highway. The service will be aimed to ensure a qualified and solid support to IFC’s team for all technical, economic and legal issues joined with the PPP assessment of the Project.
The following road segments will be subject of this assignment:
• existing full profile highway from Skopje to Tetovo, 36 km;
• existing express highway (2 lanes in each direction, but without emergency lanes) from Tetovo to gostivar, 18 km;
• to be built highway segment from gostivar to Kichevo, 42 km;
• existing Skopje by-pass, 26 km;
• existing (full profile highway) from Skopje by-pass to Miladinovci, 15 km.
Overall scope of work of IFC will includes: comprehensive technical, environmental, legal and financial due diligence assessment of the project; structuring of the PPP transaction and drafting of the tender documents, including the concession agreement; marketing of the project to the investor community; negotiations with the investors; implementation of the tender process
