São Paulo Housing – City Center PPP – Lot 02

Project stage info

Stage 1: Initial Government Announcement

Completed

Government Sponsor
Secretaria Estadual da Habitação, Strategic Partnerships Office - Secretariat for Government

Form of project announcement
Government announcement

Project Rationale
Project under study.

Indicative timetable of project development
N/A

Any project documents that are publically available about the project
http://www.mdic.gov.br/images/REPOSITORIO/sdci/decoi/cgpi/renai/VI-Catalogo-da-Renai.pdf

Project looking for additional PPF assistance
No

Project looking for additional MDB assistance
No

Is project multi jurisdictional?
No

Stage 2: Project Investigation

Completed

Value
125.3 M USD
472 M BRL

Indicative Funding Source
User Based

Have any external advisors been appointed yet
No

Details of Advisors appointed
N/A

Is the project contained in national/sub national infrastructure plan or strategy
Yes

Plan/Strategy Document URL:
http://www.mdic.gov.br/images/REPOSITORIO/sdci/decoi/cgpi/renai/VI-Catalogo-da-Renai.pdf

Please outline any studies (for example environmental, engineering etc.) that will be completed prior to a full business case development
N/A

Opportunity for Private Sector Involvement
Equity, Debt - Private Sector, Construction, Operations, Advisors

Stage 3: Start of Project Feasibility / Business Case

Completed

Legal Advisors Appointed
No

Financial Advisors Appointed
FIPE – Fundação Instituto de Pesquisas Econômicas

Technical and Other Advisors (inc Project Preparation Facility) Appointed
FIPE – Fundação Instituto de Pesquisas Econômicas

Is a Business Case Being Prepared?
Yes

Business Case Prepared By
Government

Preparer company/department name
Housing Secretariat

Estimated Business Case Completion Date
Q1 2018

Estimated Time To Start Of Procurement
Q2 2018

Stage 4: Project Feasibility / Business Case Complete

Completed

Stage 5: Government Approval / Procurement Stage

Completed

Government Approvals Obtained
Housing Secretariat CDPED

Revenue Source
Government Based

Revenue Source Description
Annual Payment - maximum annual value of the pecuniary counterpayment that will be paid to the concessionaire, as defined in the economic proposal, in case the concessionaire achieves the maximum values defined in the performance indicators that may impact it. Monthly Payment - amount that will be paid monthly by the contracting authority to the concessionaire in consideration of the execution of its contractual obligations, observing the performance indicators that may impact it.

Private Sector Opportunities
Debt - Private Sector, Construction, Operations

Estimated Time To Start Of Procurement
Q2 2018

Estimated Time To Award Of Contract
Q3 2018

Economically Regulated Asset
No

Explanation of regulatory regime
The performance evaluation of the concessionaire will be carried out by an independent verifier and the determination of the reflection of the performance note in the amount of the pecuniary counterpayment will be according to the measurement coefficient

Length Of Contract (Years)
26-30 Years

Length Of Contract Additional Information
30 years

Estimated Project Value (Local Currency)
1,450 M BRL
384.8 M USD

Procurement website URL
Housing PPP - Digital Platform for Partnerships

Estimated Return on Equity (%)