Bidders move forward on Puerto Rico tolls

The Puerto Rico PPP Authority has issued a Request for Proposals (RFP) to shortlisted bidders for the $50m PR-22 Diego and PR-5 toll road projects.

Four consortiums bidding for PR-22 will have until 7 March 2011 to respond to the request, after which a preferred bidder will be appointed.

"The issuance of the RFP is a major step in the procurement process to finance, improve, operate and maintain PR-22," said the authority's director, David Álvarez.

"We are confident that we will receive competitive responses from shortlisted bidders, which will result in benefits for Puerto Rico and for all those who travel through PR-22 and PR-5."

Puerto Rico Highways and Transportation Authority (PRHTA) granted the 30-year concession to lengthen the western portion of the PR-22 by 28-miles in May this year, along with the PR-5 toll road also at RFP stage.

The deal attracted interest from eight international developers; the final four include an OHL consortium, Intinere Infraestrucuras, Abertis and CCR.

PR-22, also known as the José de Diego expressway, is the busiest highway in northern Puerto Rico and currently owned by the PRHTA.

To read more about the project click here