Stage 5: Government Approval / Procurement Stage
Government Approvals Obtained
STM
CDPED
Revenue Source
User Based
Revenue Source Description
Remuneration fee and ancillary revenues
Private Sector Opportunities
Construction, Operations
Estimated Time To Start Of Procurement
Q1 2018
Estimated Time To Award Of Contract
Q2 2018
Economically Regulated Asset
No
Explanation of regulatory regime
According to the amount of passengers transported, the concessionaire will receive the designated amount on a daily basis, regulated by the government.
Length Of Contract (Years)
16-20 Years
Length Of Contract Additional Information
20 years of operations, and eventually an additional term of 10 years in order to recompose the economic and financial balance of the agreement.
Estimated Project Value (Local Currency)
4,531.2 M BRL
1,310.3 M USD
Estimated Return on Equity (%)