The Hellenic Republic Asset Development Fund (HRADF) has launched an international tender process for the appointment of a Technical (Rail) Advisor to act as its advisor for the submission of a Technical and Financial Due Diligence Report for the rolling stock leased/operated by TRAINOSE.

The Hellenic Republic Asset Development Fund (HRADF) launched in July 2013 an international tender process for the sale of 100% of TRAINOSE S.A., the Greek national rail operator. In September, the HRADF announced that three investment groups expressed their interest to acquire 100% of TRAINOSE S.A. shares.

HRADF is now looking to for a technical advisor to assist in the final stage of the procurement process. The duration of the engagement will be up to three months. The estimated budget is €150,000 plus VAT.

The deadline for the submission of Expressions of Interest is 23 December, 2013, 15:00, Athens time.HRDAF is looking for specialized knowledge in the areas of:

• (a) Rolling Stock technical assessment,
• (b) Rolling Stock maintenance assessment,
• (c) Rolling Stock financial assessment.

TRAINOSE is engaged in the provision of traction services for the rail transportation of passengers and freight, the development, organisation and exploitation of urban, suburban, regional, extra-urban and international railway transportation of passengers and freight, as well as bus transportation or combined transportation of passengers and freight and the provision of logistics services of any nature.

See Invitation: http://www.hradf.com/uploads/files/201312209-rfp-technical-advisor-rosco-en.pdf