M-4 Don, km 517 — km 544 : Opening of Envelopes with Expressions of Interest

At the meeting held on December 2 "RHW" SC Bid Committee opened the envelopes with the Expressions of Interest for participation in the Open Investment Bidding Process for the Right to Enter into a Long-Term Investment Agreement on the Construction, Maintenance, Repair and Overhaul of M-4 Don Motorway from Moscow across Voronezh, Rostov-on-Don, Krasnodar to Novorossiysk at the Section km 517 — km 544 (bypassing N. Usman and Rogachevka settlements), Voronezh Region.

2 Expressions of Interest were submitted by AVTOBAN Road Building Company OJSC and Transstroymekhanizatsiya LLC (PJSC Mostotrest subsidiary).

The Parties to the Long-Term Investment Agreement will be "RHW" SC and the Contractor to be selected by the Bidding Process results. The results will be evaluated within 30 days.

The Agreement Term shall be 23 years. Once the construction is completed, the Contractor shall maintain the Motorway, the toll collection system and the automatic traffic control system within 19 years.

This Motorway Section will comply with Class IA meaning a motorway with the rated speed of 150 km/h. The estimated traffic density will be 8,400-9,100 vehicles per day. Two multilevel junctions, 16 overpasses and 2 pedestrian crossings will be erected during the Section construction. The Motorway will have four traffic lanes and a median 6 m wide.

The 29.15 km Expressway Section will be constructed in two years (2014-2015). The total object construction cost is RUB 17.4 bln, including the state financing of RUB 15.5 bln and the Contractor’s investment of RUB 1.9 bln. The project will implement the life cycle contract model providing for the Contractor’s liability for the object quality within the entire period of the Long-Term Investment Agreement.