Stage 5: Government Approval / Procurement Stage
Government Approvals Obtained
Call for Bidders Published on September 17th, 2020
The auction will take place on November 4, 2020, at 9:00 am.
Access Bidding Documents at:
https://www.infraestruturameioambiente.sp.gov.br/editais/2020/09/concorrencia-internacional-no-01-2020/
or
http://www.parcerias.sp.gov.br/Parcerias/Projetos/Detalhes/150
The Caminhos do Mar Concession consists of a project to delegate ecotourism activities, visitation and public use of a state park with great potential for tourism and leisure, for a period of 30 years.
The Caminhos do Mar Park is one of those rare assets, as it is located between two of the largest metropolitan areas in Brazil (Greater São Paulo and the metropolitan region of Baixada Santos), which gives us the certainty of a great potential for visitation.
The project foresees at least BRL 5.5 million (USD 975 thousand) in investments by the concessionaire, in the first 3 years of the contract, totaling at least BRL 11 million (UDS 1.95 million) during the concession term. (USD 1 = BRL 5,64 – exchange rate on 10/01/2020)
These are the minimum values, but the scenario developed for modeling the Project considers the realization of more investments, which can be dosed by the concessionaire, avoiding the plastering of the contract.
In addition, several historical monuments on this route will be restored and can be explored by the future concessionaire.
The bidding will be international, with documentation presented in Portuguese and English, judged by the highest grant amount to be presented and with great incentive for the broad participation of national and foreign stakeholders.
We invite everyone to visit this park and participate in the bidding for the first concession to be put to bid in the 2nd half of 2020, which promises more projects to the market.
Revenue Source
User Based
Revenue Source Description
Tariff Revenue and Ancillary Revenue.
Number of visitation per year: 17.338 people per year in 2019.
Ancillary Revenue: expansion of avaiable activities; implementation of services, such as food; improvement of the support and visitor service structure; expansion of the number of monitors; restoration of historical monuments; park disclosoure.
Private Sector Opportunities
Equity, Operations, Debt - Concession, Debt – Green Finance Initiative
Estimated Time To Start Of Procurement
Q3 2020
Estimated Time To Award Of Contract
Q1 2021
Economically Regulated Asset
Yes
Explanation of regulatory regime
Brownfield 30 years concession
CAPEX total in 30 years of BRL 11 million
Minimum Investments until 3 years of BRL 5,5 million
Minimum Upfront Concession Fee: BRL 1,28 thousand
Inspection Fee: 0,5% or revenue
Variable Concession Fee: 0,5% to 1,5% of revenues, depending the performance indicator
Length Of Contract (Years)
31-35 Years
Estimated Project Value (Local Currency)
8.9 M BRL
2.2 M USD
Estimated Return on Equity (%)
