Three bids shortlisted in $470m Norway PPP

Candidates to build and finance the 26km road project, which would connect Oslo to Trondheim, were narrowed down from seven responses to an RFP issued in April.

The Norwegian Public Roads Administration has narrowed down possible partners for a NKr4 billion ($470 million; €420 million) public-private partnership to three bidders.

The shortlisted teams include a Norwegian affiliate of Stockholm-based Skanska; a consortium comprising Madrid-based Acciona and Austrian construction firm Strabag; and a consortium of Veidekke and Sundt, both based in Oslo. The team chosen will be tasked with financing, building and maintaining the Rv 3 and Rv 25 Ommangsvollen–Grundset/Basthjørnet road project, which will improve a 26km span of roadway between Oslo and Trondheim in Hedmark County, for 20 years. Finalists were chosen based on their history, experience and financial soundness.

“In the months to come, we will discuss solutions with the three groups before we make a final choice on a partner,” said Bettina Sandvin, the head of contracting for the agency.

The three teams were among seven to submit bids after a request for proposals was put out in April. The NPRA expects a contract to be signed in the first quarter of next year, with the roadway open for traffic in 2021. The motorway will be built with four lanes, or with two to three lanes divided by a centre barrier, depending on traffic volume in each section.

Though Norway has not entered into a PPP deal in more than a decade, the country is looking to seal three such partnerships under its 2018-2019 National Transport Plan. Other projects include the NKr8 billion Rv 555 Sotrasambandet project in Hordaland County and the NKr6.5 billion E10 and Rv 85 Tjeldsund–Gullesfjordbotn–Langvassbukt project in Nordland and Troms counties.