On July 26, 2021, Tianjin Public Resources Trading Center released the announcement of the pre-winning results of the PPP project (project number: FYZC-2021-04-09) of the first phase of the Tianjin Rail Transit Z2 Line Project (Binhai Airport Station ~ Beitang Station) , China Railway Group formed a super consortium and won the bid for the project, with a total investment of 25.5 billion!

Project Overview

In response to national policies and improving the efficiency of public infrastructure services, the People’s Government of Tianjin Binhai New Area decided to launch the first phase of the Tianjin Rail Transit Line Z2 Project (Binhai Airport ~ Beitang Section) PPP project, authorizing Tianjin Binhai New Area Housing and Construction Committee and Tianjin Binhai New Area Transportation Bureau is the project implementation agency, Tianjin Binhai New Area Housing and Construction Committee is the purchaser for government procurement of the social capital of this project, and Tianjin Binhai New Area Construction Investment Group is the government-funded representative.

The total investment estimate of this project is 25.577 billion yuan, of which the investment part of the PPP project company (hereinafter referred to as "Part B") is 17.762 billion yuan, including engineering costs, special costs, part of the project construction other costs and part of the reserve costs, etc. The procurement documents shall prevail.

The project intends to adopt the build-operate-transfer (BOT) mode of operation, through the government procurement public bidding process to introduce qualified suppliers as the social capital of the project, and the social capital and government-funded representatives will jointly establish the project company. The capital ratio of the project company is 40%, the government-funded representative equity ratio is 34%, and the social capital equity ratio is 66%.

The implementing agency and the bid-winning social capital sign the "Government and Social Capital Investment Agreement". After the project company is established, the implementing agency will sign the "PPP Project Contract" with the project company to authorize the project company during the cooperation period (the cooperation period is 24 years and 9 months) , Including the construction period of 3 years and 9 months, and the operation period of 21 years) responsible for the investment, financing and construction of Part B, as well as the operation management, operation and maintenance, renovation, preparation and construction of the first phase of the Z2 line project (Binhai Airport Station ~ Beitang Station) Organize and implement additional investment plans, and obtain corresponding passenger service income, non-passenger service income, and government-provided feasibility gap subsidies to cover the reasonable return on investment and operation of this project. The operation plan of this project needs to be agreed by all shareholders of the project company agree. After the expiration of the cooperation period, the project company shall, in accordance with the "PPP Project Contract", transfer the project assets to the Binhai New Area government or its designated agency free of charge.

Keywords: central enterprise engineering, engineering construction, engineering news

www.seetao.com Congratulations to China Railway Corporation Limited, China Railway Capital Co., Ltd., China Railway First Bureau Group Co., Ltd., China Railway Second Bureau Group Co., Ltd., China Railway Third Bureau Group Co., Ltd., China Railway Fourth Bureau Group Co., Ltd., China Railway Fifth Bureau Group Co., Ltd. Company, China Railway Sixth Bureau Group Co., Ltd., China Railway Seventh Bureau Group Co., Ltd., China Railway Eighth Bureau Group Co., Ltd., China Railway Electrification Bureau Group Co., Ltd., China Railway Construction Group Co., Ltd., China Railway Guangzhou Engineering Bureau Group Co., Ltd., China Railway Beijing Engineering Bureau Group Co., Ltd. and the consortium composed of the above members of China Railway Shanghai Engineering Bureau Group Co., Ltd. won the order! Editor/Sang Xiaomei