The National Roads Authority (NRA) of Ireland received, on 16 December, final proposals for the M11 Gorey to Enniscorthy PPP Scheme.
In late November 2013 three teams were shortlisted for the project. The shortlisted teams are the following:
Halcrow Barry, the Irish subsidiary of Halcrow Group Ireland, acted as the technical adviser to the NRA.
The project, which is exclusively greenfield, involves the construction of 38 km of of three new sections. More particularly the PPP project will comprise works of approximately:
The preferred bidder will be responsible for designing, building, financing and operating of the new road.
The total project investment is estimated at €320 million (US$399 million).
The European Investment Bank (EIB) announced in October this year that it was considering financing the project but the financing to be provided by the EIB was not disclosed.
The EIB has financed another road PPP project in Ireland this year, the new N17/N18 road between Gort and Tuam in County Galway. The institution provided in April 2013 €144 million over 26 years for the scheme. The overall cost of the scheme is estimated at €550 million.
Two weeks ago a consortium composed by BAM PPP, PGGM and Iridium (ACS group), one of the shortlisted teams for the M11, won the tender process for the N-25 New Ross Bypass PPP project, also in Ireland.
The N-25 New Ross Bypass includes the construction of sections of both the N-25 and N-30 routes. The total project investment is estimated at €215 million.