Three bidders qualify for BR-101/SC auction

17 February 2020 - 12:00 am UTC

CCR, Ecorodovias and a consortium of local bidders presented the qualification papers for the BR-101/SC highway auction this Friday, February 21.

Representatives of the three bidders delivered the documents in person at Brazil’s stock exchange B3 on February 17.

The 220.4 km highway connects the city of Paulo Lopes, in the north of Santa Catarina (SC), to Passo de Torres, in the southern border of SC with the state of Rio Grande do Sul (RS).

The project is expected to be worth BRL 7.3bn (USD 1.69bn) comprised of BRL 3.4bn capex and BRL 3.9 bn of opex. The new concessionaire will have to build 98.3 km of third lanes and 70.3 km of marginal roads.

Over the 30-years contract, the administrator will also explore four toll plazas. The maximum tariff was set at BRL 5.19 and the offer with the lowest toll rate will win auction.

CCR already administer road complex Rodovias de Integração do Sul, in RS. Ecorodovias also operates roads in RS and in Paraná (PR), also a neighbor state of SC.

The local consortium won its first concession in December 2019 with MS-306, in Mato Grosso do Sul. The consortium is formed by the logistic company GLP, the construction company Engenharia e Comércio Bandeirantes, the landscaping TORC and by TCL and Senpar, former partners at concessionaire MGO.

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