Lithuania’s Vilnius County Police Headquarters has announced that September 10 will be the due date for best and final offers (BAFOs) for the Vilnius Police Infrastructure Public-Private Partnership (PPP).
A statement said that the relevant authorities expected bids to be made by all three parties which took part in a prior, competitive dialogue phase. These were Areko, Pilies projektai and Partnerystes projektai – subsidiaries of real estate developers Hanner, MG Valda and EIKA respectively.
The successful bidder is expected to be announced between October and November 2015, with the signing of the contract and financial close scheduled to complete by the end of the year.
The project is part of a pilot ‘design, build, finance, maintain’ (DBFM) programme in Lithuania. The 18-year PPP contract involves the provision of new police custody and police station facilities in Vilnius and is expected to allow improved performance in various police functions.
Construction of the facilities will take up to three years and, once construction is complete, regular maintenance of the infrastructure will be carried out for a further 15 years to ensure proper functioning and effectiveness of the facilities and their compliance with required standards.
“The successful implementation of the Vilnius Police Infrastructure PPP project will give us valuable experience which will further strengthen PPP implementation in Lithuania,” said Tadas Jagminas, director of the Project Management Department of government agency Invest Lithuania, in a statement.
He added: “Up to five other potential projects for social infrastructure have been identified and potential local and foreign investors are showing interest in these projects.”
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