The Bid Committee evaluated the results of the Open Bidding Process for the Right to Enter into a Long-Term Investment Agreement on the Construction, Maintenance, Repair, Overhaul and Toll-Based Operation of M-11 Moscow — Saint Petersburg Expressway at Section 4 (km 208 — km 258) (the First Construction Phase) in Tver Region.
Please note that two Expressions of Interest were submitted by PJSC Mostotrest and AVTOBAN Road Building Company OJSC. Both companies were permitted to participate in the Bidding Process by the Bid Committee decision. On the basis of all criteria the highest score, 68.81344 points was awarded to PJSC Mostotrest that won the Bid. The Expression of Interest of AVTOBAN Road Building Company OJSC was awarded 62.09448 points.
The Committee evaluated the Bidders’ proposals by several criteria, such as:
A Organizational and Technical Proposals for the Project Implementation;
B Cost of the Agreement Object Construction;
C The Operation Payments Amount;
D Base Inflation Premium;
E Bidder's Qualification:
1. Work Performance Experience
2. Company Soundness
Under Criterion A PJSC Mostotrest was awarded 40 points, AVTOBAN Road Building Company OJSC — 8,18356 points.
Under Criterion B PJSC Mostotrest was awarded 6.6 points, AVTOBAN Road Building Company OJSC — 30 points.
Under Criterion C PJSC Mostotrest was awarded 2.21 points, AVTOBAN Road Building Company OJSC — 10 points.
Under Criterion D PJSC Mostotrest was awarded 10 points, AVTOBAN Road Building Company OJSC — 10 points.
Under Criterion E PJSC Mostotrest was awarded 5 points for the work performance experience sub-criterion and 5 points for the soundness sub-criterion.
Under Criterion E AVTOBAN Road Building Company OJSC was awarded 0.3607 points for the work performance experience sub-criterion and 3.55022 points for the soundness sub-criterion.
Please note that on September 11, 2014, "RHW" SC announced the Open Bidding Process for the Right to Enter into a Long-Term Investment Agreement on the Construction, Maintenance, Repair, Overhaul and Toll-Based Operation of Moscow — Saint Petersburg Expressway at the Section km 208 — km 258 (Construction Stage 4).
Under the Long-Term Investment Agreement the total construction cost shall be not more than RUB 32,664,967,780.00 in prices of respective years, inclusive of VAT, including:
1. State financing shall be RUB 27,481,367,909.50 in prices of respective years, inclusive of VAT (to be reduced pursuant to the bidding conditions);
2. Private financing shall be RUB 5,183,599,870.50 in prices of respective years, inclusive of VAT (this amount is fixed and is not to be reduced pursuant to the bidding conditions);
Under the bidding conditions the Base Annual Operation Payments sum shall not be more than RUB 9,191,712,831.80 in the Operation Stage.
The maximum base inflation premium shall be 4.65%
The Agreement Term shall be 23 years.
At the meeting held on 21 October 2014 the Committee for the Open Bidding Process for the Right to Enter into a Long-Term Investment Agreement on the Construction, Maintenance, Repair, Overhaul and Toll-Based Operation of Moscow — Saint Petersburg Expressway at the Section km 208 — km 258 opened the envelopes with the received Expressions of Interest. By the date of expiry of the term for submitting the Expressions of Interest PJSC Mostotrest and AVTOBAN Road Building Company OJSC had submitted their Expressions of Interest.
Under the Bid criteria PJSC Mostotrest proposed the following figures of the project implementation in its Expression of Interest:
Cost of the Agreement Object Construction: RUB 32,305,653,134.42, inclusive of VAT;
The Sum of Base Annual Operation Payments in the Operation Stage: RUB 9,187,194,507.95, excluding VAT;
Base Inflation Premium: 4.65%.
Under the Qualification Criterion PJSC Mostotrest specified:
Bidder’s Experience: RUB 256,035,582,868.98, excluding VAT;
Soundness: RUB 14,708,217,000.
AVTOBAN Road Building Company OJSC proposed in its Bid Proposal the following conditions:
Cost of the Agreement Object Construction: RUB 31,031,719,391, inclusive of VAT;
The Sum of Base Annual Operation Payments in the Operation Stage: RUB 8,825,041,022.38, excluding VAT;
Base Inflation Premium: 4.65%.
Under the Qualification Criterion AVTOBAN Road Building Company OJSC specified:
Bidder’s Experience: RUB 17,405,099,953, excluding VAT;
Soundness: RUB 3,680,589,000.