Procurement And Tender News

Tendersinfo keep you informed about the latest events in the national and international Procurement Industry. Procurement News provides in-depth coverage of the procurement industry, including contract awards, contract additions, new contract wins, mergers and acquisitions. Tendersinfo through its tender news section provides an update on all domestic and global tendering opportunities, invitation to bid & trade leads.

New Zealand : Preferred Bidder named for Puhoi to Warkworth PPP motorway project

Publish Date : 04-Aug-2016

The NZ Transport Agency has today announced that it will enter into Preferred Bidder negotiations with the Northern Express Group for the P hoi to Warkworth project the second Public Private Partnership (PPP) for a state highway project in New Zealand.

NZ Transport Agency Chief Executive Fergus Gammie said the Northern Express Group was one of three shortlisted consortia that the Transport Agency had invited to submit a proposal for the financing, design, construction, management and maintenance of the P hoi to Warkworthmotorway under a PPP procurement.

The next step will see the Transport Agency and the Northern Express Group enter into contract negotiations. Pending the successful completion of negotiations, we expect to award the PPP contract for the P hoi to Warkworth project by late 2016. The contract price will be confirmed at that point, Mr Gammie said.

The Northern Express Group will then finance, design, construct and maintain the new P hoi to Warkworth motorway for the 25 years that will follow the expected six-year period to build the motorway. Full ownership of the highway will remain with the public sector. It is aimed to have the P hoi to Warkworth motorway open for traffic by 2022.

The Northern Express Group is made up of firms with considerable experience in the design, construction, finance, maintenance and management of key infrastructure projects.

Go to previous page

Request for CallBack