Difference between revisions of "Case Studies: Rio-Antirio Bridge, Greece"

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Revision as of 08:29, 28 March 2015

Project Overview
Rio1.png
Figure 1: Rio-Antirio Bridge, Greece
Rio-Antirio Bridge, Greece
Contract Duration: 42 Years (from effective date) unless the concessionaire achieves the predetermined return on equity (11.5%) before then.
Budget
EUR 740M (initial agreement);
EUR 815M (including construction, operating, financial costs and fees)
Project Time Line
Conceived: 1889
Call for Tender: 1991
Contract Approved: 3 January 1996
Ratification by Hellenic Parliament: 24 April 2006
Financial close: 17 December 1997
Effective Contract Date: 24 December 1997
Other important dates for the project:
Geotechnical Surveys: 1964
1st International Call for Tender (insufficient interest): 1980
2nd International Call for Tender: 1987 (doubts about technical solution);
3rd Call for Tender under new PPP Framework: 1990 (cancelled)
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