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: March 2, 2010

Project Name: A1 Gdansk to Nowe Tollway (Poland)
Year in Operation: 2008
Sector: Transportation
Subsector: Electronic Vehicle ID / Toll Collection, Roads
Status: In Operation
Type: New Facility
Description: First portion of North-South four lane divided tollway between Gdansk and Torun (second portion from Nowe to Torun not yet built).
Delivery Method as described in the country where it's located: Design Build Finance Operate Maintain
Is the project still active: Yes
Comments: 34 year concession to design, build, finance, and operate the entire project from Gdansk to Torun. Half of the facility is built and operating.

Project Locations

Address:
City: Gdansk
State:
Country: Poland, Republic of

Address:
City: Nowe
State:
Country: Poland, Republic of

Address:
City: Nowe Marzy
State:
Country: Poland, Republic of

Souces of Project Support (Non-monetary)

Checkbox Checked Revenue Stream (Cash Flow) Protected Through Long Term Commitment(s) of Public Sponsor(s): 34 year DBFO Concession between the General Directorate for National Roads and Motorways (Polish Govt) and the Gdansk Transport Company, which won the concession granted in August 2004.

Souces of Project Support (Monetary)

Checkbox Checked

From Private Capital Markets Directly to Producers as Debt: Private financing through the European Investment Bank and the Nordic Investment Bank. Total project costs (phase I and 2) estimated at $667.5 million Euros.

Checkbox Checked

From Producers as Equity: Equity of 11.5 million Euros was committed by John Laing for phase 1. Financing for phase 1 closed in September 2005.

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
34
0
Forms
Description
 
 

Project Value (If and As Known)

Date of Estimated Project Value: October 17, 2008
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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