Project Details

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Results Chart for Delivery Method and Financing

Delivery Method

DBFOM All Private Finance
# of Projects: 1
100% of the Results

Background informationProject Created: December 10, 2009

Project Name: Millau Viaduct (Le Viaduc de Millau)
Year in Operation: 2004
Sector: Transportation
Subsector: Bridge, Roads
Status: In Operation
Type: New Facility
Description: Eight-span, cable-stayed, four lane, steel viaduct supported by seven concrete pylons across the Tarn River Valley at Millau, France. 2,460m long, 32m wide. With its highest mast at 343m, the structure is the highest vehicular bridge deck in the world at 270m.
Delivery Method as described in the country where it's located: Concession
Is the project still active: Yes
Comments: Bridge was designed first, as a result of design competition. A contract to construct and operate the facility for 75 years was granted in 2001. The concession can be reduced by the government to 40 years if it is "very profitable."

Project Locations

Address: A75 Autoroute
City: Millau
State:
Country: France, French Republic

Address:
City: Millau
State:
Country: France, French Republic

Souces of Project Support (Non-monetary)

Checkbox Checked Access to Land
Checkbox Checked Revenue Stream (Cash Flow) Protected Through Long Term Commitment(s) of Public Sponsor(s): Long term concession granted by government to build and operate the facility for 75 years, and authorizing collections of tolls.

Souces of Project Support (Monetary)

Checkbox Checked

From Public (Government) Sources to Producers

Arrow Right
Checkbox Checked

Direct Cash Support: Public funding of design competition, design review and approval. Process for selecting of long term concessionair to construct and operate the facility.

Checkbox Checked

From Private Capital Markets Directly to Producers as Debt: Private financing for construction and operations -- undisclosed split between debt and equity.

Checkbox Checked

From Producers as Equity: Private financing for construction and operations -- undisclosed split between debt and equity.

Project Delivery & Finance Method

Project Delivery:
All Public Finance. Public Sponsor contracts for initial design, and separately contracts for initial construction. Public Owner operates and maintains the resulting facility.
Is there an independent checking engineer? Yes
Project Finance Method: All By Private Sponsor

Procurement Approach

Project Component
Qualifications
Based Selection
Request for
Qualifications
Request for
Proposals
Invitation
for Bids
Unsolicited
Proposals

Term for Key Components & Forms of Contract

Project Component
Years
Quarters
Combined Term: Initial Design, Construction, O&M Period
85
0
Forms
Description
 
 

Project Value (If and As Known)

Date of Estimated Project Value: January 1, 2006
Project Value
Hard Cost
Hard & Soft Costs
Construction
$250 Million - 1 Billion US
(none)
Total
$2-10 Billion US
(none)
Array ( )

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