M-11 Moscow — Saint Petersburg , Stage 6 : Public Discussion of Draft Bid Documentation

The draft Bid Documentation was publicly discussed in terms of Financing, Construction and Toll-Based Operation of M-11 Moscow — Saint Petersburg Expressway at the Section km 334 — km 543 (Stage 6) on August 12 in Moscow.

The discussion was arranged by «RHW» SC jointly with the Ministry of Transport of the Russian Federation within the extended meeting of the Investment Review Board.

A large number of potential Bidders were interested in the project. About 100 representatives of Russian and international investment, legal, construction, consulting and financial companies were present at the discussion.

The Review Board meeting was held in business and positive atmosphere. Its participants made comments and proposals on improvement of the Bid Documentation, many of which will be taken into account by the Bid arranger, «RHW» SC.

«For the first time we discuss in such a wide format the Long-Term Investment Agreement and the PPP scheme under which we will implement some of our projects. Therefore, it is important for us to have feedback from you, accept your constructive proposals on schematics and legal ways of performance. Let us work together to create the optimal structure of the Investment Agreement,» Alexander Nosov, «RHW» SC Management Board Deputy Chairman for Investment Policy and Corporate Development said.