Public Bid For The Bicentennial Cable Car Concession - Strategy - Chile Law Articles in English - Mondaq Business Briefing - Books and Journals - VLEX 685906233

Public Bid For The Bicentennial Cable Car Concession

Author:Mr Francisco Ugarte, Juan Francisco Mackenna and Felipe Moro
Profession:Carey
 
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Today, July 11th, 2017, it was published in the Official Gazette the International Public Bid for the project called "Bicentennial Cable Car Concession". Bidding documents may be obtained with the Ministry of Public Works.

Project Description

The project involves the execution, repair, maintenance and exploitation through the Concession System of an urban single-cable car with an approximate length of 3,382 meters, connecting the boroughs of Providencia, Las Condes, Vitacura and Huechuraba. The goal is to improve the vehicular and pedestrian traffic of one of the most crowded areas of the capital, offering an efficient and sustainable transport system and contributing to the reduction of current levels of congestion in Eastern Santiago.

The official estimated budget of the project is UF 1,948,603 (approximately USD78 million).

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