Project Details

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Results Chart for Delivery Method and Financing

Delivery Method

O & M
# of Projects: 1
100% of the Results

Background informationProject Created: January 11, 2017

Project Name: Lion Rock Tunnel Operations & Maintenance
Year in Operation: 1993
Sector: Transportation
Subsector: Tunnel
Status: In Operation
Type: Repositioning of Existing Facility
Description: Pure Operations and Maintenance Contract for management of pair of tolled 1.4 km long automobile tunnels (2 lanes in each direction) providing service to the Northwest of Kowloon toward Sha Tin.
Delivery Method as described in the country where it's located: Operations & Maintenance
Is the project still active: Yes
Comments: First two lane tunnel opened in late 60's. Second bore opened in late 1970's. Relatively short term O&M contracts, rebid after several years.

Project Locations

Address: Lion Rock Tunnal Rd
City: Tai Wai
State:
Country: Hong Kong, Special Administrative Region of China

Souces of Project Support (Non-monetary)

Checkbox Checked Access to Land: Public ownership.
Checkbox Checked Revenue Stream (Cash Flow) Created Through Initial Commitment of Public Sponsor(s): Pre-existing toll tunnels with known revenue stream. Publicly owned. Privately operated and maintained through competitively bid short O&M contracts.
Checkbox Checked Environmental Clearance: Originally obtained, as necessary, by government.

Souces of Project Support (Monetary)

Checkbox Checked

From Public (Government) Sources to Producers: Contract O&M.

Project Delivery & Finance Method

Project Delivery:
Operations and Maintenance (All Public Finance). Public Sponsor contracts for long term operations and maintenance of an existing facility, including non-capital repairs.

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
Operations and Maintenance (If Privately Contracted)
4
0
Forms
Description
Don't Know
 

Project Value (If and As Known)

Date of Estimated Project Value: January 6, 2009
Project Value
Hard Cost
Hard & Soft Costs
Pre-Feasibility (Public Sponsor Expense)
(none)
> $50 Million US
Operations & Maintenance
< $200 Million US
(none)
Total
< $200 Million US
< $200 Million US

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