Sorocaba announces public hearing for hospital PPP project

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Sorocaba announces public hearing for hospital PPP project

The Municipality of Sorocaba, São Paulo state, Brazil, has announced a public hearing for the public private partnership of the Sorocaba Clinic hospital in the northern part of the city.

The public hearing will be hold on 1 September 2014. Interested parties in attending must register on or before 29 August 2014.

After the Sorocaba PPP management council received in March 2014 eight Expressions of Interest (EOIs) to prepare the feasibility studies for the project, two feasibility studies were submitted in early May from two local firms:

The hospital management concession has an estimated value of R$263 million (US$120 million). The main aspects of the hospital concession are detailed below:

  • 200 beds;
  • early stage investments of R$70 million (US$30.6 million) for construction works and purchase of equipment;
  • maximum annual payment to the concessionaire of R$66 million (US$29 million);
  • international competition.

Sorocaba is the eighth largest city in the state of São Paulo. Outside the Greater São Paulo region, it ranks behind only Campinas, São José dos Campos and Ribeirão Preto. With an estimated population of 700,313 inhabitants, it is a regional capital of the Sorocaba microregion with 14 municipalities, totaling over 1.5 million inhabitants.


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