Project

CONSTRUCTION, EXTENSION, MODERNIZATION AND MAINTENANCE OF THE SOLIDARIDAD – LAS TORRES AVENUE IN THE STATE OF MEXICO.

Sector: Transport


Last Revision

June 03, 2024
 
Short Name of the Project:
0787 Solidaridad Avenue – Las Torres Extension in its West and East Ends
Type of Investment:
Brownfield
Subsector:
Highways / bridges
Asset (s):
 Highway 23.90 KM 
Contract Currency:
Mexican Pesos MXN
Estimated Investment MXN:

1,026,000,000

Estimated Investment USD:

59,999,999

Exchange rate (USD/MXN) used by the Ministry of Finance for the economic plan 2024: $ 17.1
Contract Scope:
  Construction,  Extension,  Modernization,  Maintenance

DESCRIPTION

The expansion of the Solidaridad - Las Torres Avenue include:
1) Extension of 4.3 Km. in the east end of Las Torres roadway.
2) Extension of 4.6 Km. in the west end of Las Torres roadway.
3) Construction of five overpasses.
4) Construction of five parallel bridges that cross the Lerma River.
5) Modernization of 15 km of the actual road section that covers the Torres Chicas Avenue – Airport Boulevard section.

On Jan. 28, 2011 the Fifth Amending Agreement was completed.
Included in a listed vehicle

LEGAL AND FINANCIAL STRUCTURE

Type of Project
  Public / Private
Type of Contract
  Provision of services
Term
25 years
Selection Process
International Open Tender
Financing Sources
Private
100 %
MXN
1,026,000,000
USD
59,999,999
Payment Source
Budgetary
To guarantee the payment of services, the State of Mexico Government created a trust that will receive the income from the payroll taxes of state employees.

STATUS

Stage
  Operation
Substage
  > 5 years of operation
RELEVANT DATES
Request for proposals/Announcement August 14, 2008
Proposals Reception March 10, 2009
Ruling May 29, 2009
Contract Signing June 29, 2009
Execution/Construction Starting Date July 29, 2009
Operation Starting Date September 01, 2012
Term of the Contract February 28, 2036
Contractor
Concesionaria Vialidad Las Torres  
Major Contractor’s Shareholders
Prodemex, Infravial

GEOLOCATION

State(s)
State of Mexico   

SPONSOR

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Entity
State Government
Department
Secretaría de Comunicaciones del Gobierno del Estado de México (SCGEM)

ADDITIONAL INFORMATION

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Source
State Government
ID
44937001-003-08
Call Call Modification
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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.
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Source
Concessionaire / Related Company

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