Project

MODERNIZATION, OPERATION, MAINTENANCE AND CONSERVATION OF THE HIGHWAYS AND BRIDGES INCLUDED IN THE NORTHEAST PACKAGE, IN THE STATES OF TAMAULIPAS AND NUEVO LEON.

Sector: Transport


Last Update

March 15, 2022
 
Short Name of the Project:
0885 Maintenance, Rehabilitation and Operation of the Highways and International Bridges of the Northeast Package
Type of Investment:
Brownfield
Subsector:
Highways / bridges
Asset (s):
 Highway 348.63 KM 
Contract Currency:
Mexican Pesos MXN
Estimated Investment MXN:

2,467,998,045

Estimated Investment USD:

121,576,258

Exchange rate (USD/MXN) used by the Ministry of Finance for the economic plan 2022: $ 20.3
Contract Scope:
  Modernization,  Operation,  Maintenance,  Conservation

DESCRIPTION

The project consists of the modernization, operation, maintenance and conservation, under performance standards, 248.69 km, of the Northeast Package highways:

i) Cadereyta-Reynosa (132.015 km A4)
ii) Monterrey-Nuevo Laredo (123.100 km A4)
iii) Matamoros-Reynosa (44.040 km A4)
iv) Reynosa South Bypass II (Pharr Junction-San Fernando Junction) (43.540 km A2)
v) Reynosa-Pharr International Bridge (5.129 km A4) and the Ignacio Zaragoza International Bridge (0.810 km A4)

The PPP Contract is composed by two main sections:
- Initial Investment: With the aim of achieving high service levels in highways and to migrate to a preventive maintenance scheme based on the latter compliance of performance standards. It is estimated that initial investment concludes in 2 years.
- Operation and maintenance: It is estimated a term of 10 years for operation and maintenance including initial investment, under performance standards. The payment is subject to penalties if such standards were not achieved.

These highways are included in the National Infrastructure Fund (FONADIN) concession.

LEGAL AND FINANCIAL STRUCTURE

Type of Project
  Public / Private
Type of Contract
  Federal PPP
Term
10 years
Selection Process
International Open Tender
Payment Source
Project revenues
The concessionaire will pay a compensation to the developer regarding the maintenance, rehabilitation and operation of the highway sections. The payment source will be the toll fees charged by the concessionaire.

STATUS

Stage
  Execution
RELEVANT DATES
Request for proposals/Announcement November 26, 2019
Proposals Reception March 19, 2020
Ruling May 05, 2020
Contract Signing May 27, 2020
Execution/Construction Starting Date July 22, 2020
Term of the Contract July 21, 2030
Contractor
Coconal, Operadora de Autopistas  
Major Contractor’s Shareholders
Coconal

GEOLOCATION

State(s)
Nuevo Leon, Tamaulipas   

SPONSOR

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Entity
BANOBRAS / Trust FONADIN
Department
Dirección General Adjunta Fiduciaria
Contact
Claudia Xochitl Reyes Murga
E-mail
Claudia.Reyes@banobras.gob.mx

SUSTAINABLE INFORMATION

PROJECT’S SUSTAINABILITY SUMMARY

The project seeks to improve the quality and availability of road infrastructure by contracting maintenance, rehabilitation and operation services under a performance standards compliance scheme. Environmental sustainability strategies are included with the efficient use of resources and energy, as well as a scheme for performance monitoring.

* 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.

ADDITIONAL INFORMATION

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Source
CompraNet
Description
Electronic platform that provides government information of procurements, leases, services, public works, and other related services. Through this platform, the Federal Government ensures the transparency and agility of public procurement. Any interested person can follow the process from beginning to end.
ID
2009868
Website
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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.
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Source
Fonadin
Description
National Infrastructure Fund that supports the development of communications, transport, water, environmental and tourism sectors by providing grants, venture capital, subordinated debt, credit and guarantees for the design and execution of high impact infrastructure projects.
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Source
Secretaria de Hacienda y Crédito Público
Description
The Ministry of Finance and Public Credit's mission is to propose, direct and control the Federal Government's policy on financial, fiscal, expenditure, income and public debt, with the purpose of consolidating a country with quality, equitable, inclusive and sustained economic growth.
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Source
Concessionaire / Related Company

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