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MODERNIZATION, OPERATION, MAINTENANCE AND CONSERVATION OF THE “GOLFO-CENTRO HIGHWAYS” LOCATED IN THE STATES OF VERACRUZ, PUEBLA, HIDALGO AND State of Mexico.

Sector: Transport


Last Revision

June 03, 2024
 
Short Name of the Project:
0633 Maintenance, Rehabilitation and Operation of Golfo-Centro Highway
Type of Investment:
Brownfield
Subsector:
Highways / bridges
Asset (s):
 Highway 142 KM 
Contract Currency:
Mexican Pesos MXN
Estimated Investment MXN:

2,028,482,249

Estimated Investment USD:

109,647,689

Banobras, Fonadin involvement Banobras/Fonadin involvement

Exchange rate (USD/MXN) used by the Ministry of Finance for the economic plan 2025: $ 18.5
Contract Scope:
  Modernization,  Operation,  Maintenance,  Conservation
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DESCRIPTION
The project consists of the modernization, operation,maintenance and conservation of 141.72 kilometers under performance standards for the following highways:

1. “Mexico-Pachuca” in the highway section of “Santa Clara – Tizayuca Intersection” beginning from kilometer 12 + 160 to 58+000 with a length of 45.84 km.

2. “Mexico- Tuxpan” in the highway section of the Beltway of “Tulancingo- Nuevo Necaxa Intersection” from kilometer 83+700 to 142+652 with a length of 58.95 km & “Tihuatlan – Tuxpan” from kilometer 224+800 to 261+730 with a length of 36.93 km.

The Public and Private Partnership Contract is composed by two main sections:

Initial investmen: An estimated of 2,028 million pesos with the aim of achieving high service levels in highways and to migrate to a preventive maintenance scheme based on the latter compliance of development standards.

Operation and maintenance: An estimated cost of 6,100 million pesos for operation and maintenance during thirteen years under development standards. The payment is subject to penalties if such standards were not achieved.

FIRST AMENDMENT AGREEMENT (Feb. 8, 2019).

LEGAL AND FINANCIAL STRUCTURE
Type of Project
  Public / Private
Type of Contract
  Federal PPP
Term
13 years
Selection Process
International Open Tender
Details
Financing Sources
Private
100 %
MXN
2,028,482,249
USD
109,647,689
Payment Source
Project revenues
The concessionaire will pay a compensation to the developer regarding the maintenance, refurbishment and operation of the highway sections. The payment source will be the toll fees charged by the concessionaire.

STATUS
Stage
  Operation
Substage
  < 5 years of operation
RELEVANT DATES
Request for proposals/Announcement October 05, 2017
Proposals Reception December 21, 2017
Ruling January 12, 2018
Contract Signing January 19, 2018
Execution/Construction Starting Date February 01, 2018
Operation Starting Date February 2020
Term of the Contract December 31, 2030
Contractor
Operadora y Mantenedora Golfo Centro  
Major Contractor’s Shareholders
Omega Construcciones Industriales, Omega Corp, Egis Road Operation

GEOLOCATION
State(s)
Veracruz, Puebla, Hidalgo, State of Mexico   

SPONSOR
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Entity
BANOBRAS / Trust FONADIN
Department
Unidad Fiduciaria
Contact
Diego Flores Sánchez
E-mail
Diego.Flores@banobras.gob.mx
WebsiteInstitutional Arrangement

SUSTAINABLE INFORMATION
imagen sostentabilidad
Sustainability Datasheet

PROJECT’S SUSTAINABILITY SUMMARY

The project seeks to improve the service level of the highways with an operation model with compliance standards and performance payments. Economies of scale are considered in operation and maintenance. Codes of conduct are established to promote good practices at the corporate level.

* This summary was prepared based on the methodological framework defined by the Inter-American Development Bank (IDB) in the document entitled: “Attributes and Framework for Sustainable Infrastructure”, which is You can check Here.

Additionally, a brief explanation of the methodology and a summary of the questions applied can be consulted in this Document.

DOCUMENTS USED:

ADDITIONAL INFORMATION
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Source
BANOBRAS
Description
Banco Nacional de Obras y Servicios Públicos (BANOBRAS) is a development bank that makes the development of infrastructure projects with high social profitability possible, by providing long term funding to private developers, and state and municipal governments, and by promoting the participation of the private sector and commercial banks.
Contract
 1st Amendment agreement
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Source
Social Witness
Description
Figure who oversees that throughout a bidding procedure the current law is complied with, as a mechanism to strengthen transparency and minimize risks of opacity and corruption in government contracting.
Final report of social witness
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Source
Concessionaire / Related Company
Egis Road Operation
 Omega
 Website

MULTIMEDIA

REMARKS
In this project, execution is considered as the setup, meaning the initial rehabilitation, and operation as the fulfillment of performance standards once the setup is achieved.
0611 Ronda 2, Licitación 4: Área 9, Perdido SLP-1/2015: Primera Subasta de Largo Plazo

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