Motorway Consession Advisor Search
The Ministry of Maritime Affairs, Transportation and Infrastructure published a public competition announcement searching for an advisory consultant to research the feasibility of leasing the management of the state-owned Croatian motorways network through concessions. The state-owned motorways management companies are the Croatian Motorways (HAC) and the Rijeka-Zagreb Motorway (ARZ). This is a result of the Government decision in August, instructing the ministry to investigate the possibility of offering concession management of motorways. The advisory services will be completed in two phases, with the first phase to be completed 90 days after contractual signing and the second phase completing the services project by 30 September 2013. The services are valued at €10.5 million (+VAT), which includes completion of a financial analysis of HAC and ARZ, completion of optimal financial model, search for investors, etc. The deadline for the submission of letters of interest is 17 October 2012.