Stage 5: Government Approval / Procurement Stage
Government Approvals Obtained
Fernando Torres – Sedur
Revenue Source
Combination
Revenue Source Description
Revenues will include public fare, government payment and other operating revenues (advertising and sublet contracts)
Private Sector Opportunities
Construction, Operations
Estimated Time To Start Of Procurement
Q2 2017
Estimated Time To Award Of Contract
Q3 2017
Economically Regulated Asset
Yes
Explanation of regulatory regime
Regulatory regime is explained by article 175 from the Brazilian Federal Constitution, as well as the following pieces of legislation: Federal Law nº 11.079, from December 30th, 2004; Federal Law nº 12.587, from January 3rd, 2012; State Law nº 9.290, from December 27th, 2004; State Law nº 9.433, from March 1st, 2005; State Law nº 11.477, from July 1st, 2009; State Law nº 12.501, from December 29th, 2011; and, when applicable, Federal Law nº 8.987, from February 13th, 1995; Federal Law nº 9.074, from July 7th, 1995; Federal Law nº 8.666, from June 21st, 1993; and Federal Law nº 10.406, from January 10th, 2002.
Length Of Contract (Years)
16-20 Years
Length Of Contract Additional Information
N/A
Estimated Project Value (Local Currency)
1,500 M BRL
433.8 M USD
Procurement website URL
N/A
Estimated Return on Equity (%)