Ballast Nedam: Rijkswaterstaat has Named A-Lanes A15 Preferred Bidder for PPP Project
By Ballast Nedam Nv, PRNEMonday, September 13, 2010
NIEUWEGEIN, The Netherlands, September 14, 2010 - The Directorate-General for Public Works and Water Management of the
Netherlands Rijkswaterstaat has named A-Lanes A15 - a joint venture between
Ballast Nedam, John Laing, Strabag and Strukton - preferred bidder for the
public-private partnership (PPP) project A15 Maasvlakte - Vaanplein (MaVa).
A-Lanes A15 has submitted the most economical bid for the design,
construction, financing and maintenance of the capacity expansion for
motorway A15. The A15 is a major arterial road between the expanding port and
industrial area of Rotterdam and the European hinterland. The contract has a
term of 25 years and represents a total project value of approximately EUR
1.5 billion. This makes the A15 MaVa project the single largest
infrastructure project that was ever awarded by The Dutch Directorate-General
for Public Works and Water Management.
DBFM Agreement
The project has been subject to a European tender procedure and will be
carried out as a DBFM Agreement (Design, Build, Finance and Maintain),
meaning that A-Lanes A15 will not only be responsible for the complete design
and construction of the A15 project, but also for the financing and the
management and maintenance of all existing and new infrastructure, until 20
years after it has become available.
John Laing participates for 28% as shareholder in A-Lanes A15. Ballast
Nedam, Strabag and Strukton participate for 24% each as shareholders in
A-Lanes A15 and all three have a stake of one third in the design, build and
maintain phases.
This project meshes with Ballast Nedam's strategy to address the entire
horizontal value chain, from real estate to infrastructure projects. It is
Ballast Nedam's ambition to become a leader in the market for public-private
partnerships.
For further information: Ballast Nedam N.V., Adrie van Kessel, telephone number +31-30-285-41-61
Tags: Ballast Nedam NV, Netherlands, Nieuwegein, September 14, The Netherlands