Czech Republic re-tenders D4 Pribram and Pisek section as P3 deal

The Czech Transport Ministry has re-tendered for legal, technical and financial consultancy services regarding the first public-private partnership for a road project. The contract is for construction of a 32km section of the D4 motorway between Pribram and Pisek in South Bohemia. A previous tender for the €3.8 million project was cancelled by the Czech Anti-monopoly Office (UOHS) that suggested it contained flaws. Deadline for bids for the new tender is February 15 with construction of the remaini
Finance & Funding / January 6, 2017
RSSThe Czech Transport Ministry has re-tendered for legal, technical and financial consultancy services regarding the first public-private partnership for a road project.

The contract is for construction of a 32km section of the D4 motorway between Pribram and Pisek in South Bohemia.

A previous tender for the €3.8 million project was cancelled by the Czech Anti-monopoly Office (UOHS) that suggested it contained flaws.

Deadline for bids for the new tender is February 15 with construction of the remaining D4 sections to start in 2019. Total cost is estimated to be €260 million.

Last year the Czech Transport Minister Dan Tok PPP projects have not worked well in the Czech Republic but the government’s financial surplus and low interest rates could ensure more success of such deals. He also said that the government needs experience with this type of project to be ready for 2023, after which European Union funding will pretty much dry up.
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