Case Studies: ARN-STO Rail link - Revision history

Nimda at 06:50, 28 May 2013

2013-05-28T06:50:10Z

Nimda: /* Risk Allocation */

2013-05-27T09:31:06Z

‎Risk Allocation

Nimda at 09:29, 27 May 2013

2013-05-27T09:29:46Z

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 |data4   = SEK 6811M <br />The actual construction cost was SEK 6811M, while the forecast was SEK 6025M.
 |title        = Project Overview
-|image        = [[Image:Arn1.png|200px]]
+|image        = [[Image:Arn1.png|300px]]
 |caption      = Figure 1: The ARN-STO Rail. <br />Photo courtesy of Niklas Alm
 | header5 = Project Time Line
@@ Line 103: / Line 103: @@
 *Riksrevisionen (2004). Arlandabanan: Insyn i ett samfinansierat järnvägsprojekt. [Arlandabanan: Transparency in a co-financed railway project.] RiR 2004:22. Stockholm: Riksrevisionen.
 *Trafikutskottet betänkande (1992/93) 1992/93:TU35 Investeringar i trafikens infrastruktur m.m.. [The transport committee’s report on investment in transport infrastructure etc.]. Sto

@@ Line 83: / Line 83: @@
 Financial guarantees have been provided to creditors by the government, but not to the concession holder, whose revenues are based on user fees.
 ===Risk Allocation===
 Risk is allocated as depicted in figure 2.
 Figure 2 Risk allocation
 There were political risks associated with the project. While parties in parliament cannot affect the actual contract, they can influence the SPV’s overall conditions, which are not regulated in the contract but still related to the operation of the project.
 ===Performance===
 The contract contains vague statements about upholding good service standards. Actual traffic has been less than forecast: ridership 4.6M vs 5.1M forecast for 2005 (the forecast traffic for 2020 is 7.4M passengers).

← Older revision		Revision as of 09:29, 27 May 2013
Line 1:		Line 1:
		+	{{Infobox
		+	\|header1 = The ARN-STO Rail link (Arlandabanan) Concession, Sweden
		+	\|header2 =
		+	\|label2 = Project Type:
		+	\|data2 = Greenfield
		+	\|header3 =
		+	\|label3 = Contract duration:
		+	\|data3 = 45 Years (including Design & Construction<br />
		+	There are also limited possibilities for a 10-year extension.
		+	\|header4 =
		+	\|label4 = Budget:
		+	\|data4 = SEK 6811M <br />The actual construction cost was SEK 6811M, while the forecast was SEK 6025M.
		+	\|title = Project Overview
		+	\|image = [[Image:Arn1.png\|200px]]
		+	\|caption = Figure 1: The ARN-STO Rail. <br />Photo courtesy of Niklas Alm
		+	\| header5 = Project Time Line
		+	{{Infobox
		+	\| child = yes
		+	\| label1= Project conception:
		+	\| data1 = January 1993;
		+	\| label2= Call for Tender:
		+	\| data2 = June 1993;
		+	\| label3= Contract Approved:
		+	\| data3 = September 1994;
		+	\| label4= Financial Close:
		+	\| data4 = October/November 1995;
		+	\| label5= Start of construction:
		+	\| data5 = November 1995;
		+	\| label6= Start of Operation:
		+	\| data6 = 1999;
		+	\| label7= Refinancing:
		+	\| data7 = 1999;
		+	\| label8= Refinancing:
		+	\| data8 = 2004
		+	}}
		+	}}
	==Introduction==		==Introduction==
	The Arlanda – Stockholm link is a 19 km rail way and runs between Arlanda airport, and Stockholm, Sweden. During 2012 a total of 4.6 million passengers were carried on the link, out of which 3.3 million were carried by the concession holder.		The Arlanda – Stockholm link is a 19 km rail way and runs between Arlanda airport, and Stockholm, Sweden. During 2012 a total of 4.6 million passengers were carried on the link, out of which 3.3 million were carried by the concession holder.