Construction work for highways, roads

Tender description

The Welsh Ministers (the "Contracting Authority") is seeking tenders for the design, construction, finance, operation and maintenance of Sections 5 and 6 of the A465 Trunk Road between Dowlais and Hirwaun (the "Project"). The Contracting Authority proposes to procure the Project through the Welsh Government's Mutual Investment Model ("MIM") a distinct model for procuring public private partnerships projects in Wales. The economic operator that is awarded the contract shall establish a single purpose project company ("Project Co") to deliver the Project. The Contracting Authority is seeking tenders for the Project which is being procured under MIM. The design, construction, operation, maintenance and finance of improvement works to the A465 and new road construction as follows: — 17,7 km of predominantly on line upgrade of the A465 trunk road between Dowlais and Hirwaun from 3 lane single carriageway to dual 2 lane carriageway, — approximately 2,2km off-line new road construction (1.4km from Hirwaun to Trewaun and 0.8km from Taff Fechan to Gurnos Farm), — six full movement grade-separated junctions located at Hirwaun, Croesbychan, Baverstock, A470, Prince Charles Hospital and Dowlais, — Construction of new structures, including: 35 widened or constructed bridges, 41 culverts and 40 retaining walls. The operation and maintenance network will comprise the new A465 trunk road between Dowlais and Hirwaun. The Welsh Ministers will have a right to invest alongside one or more private sector equity providers. The Shareholders' Agreement (which has been uploaded with this notice) assumes the creation of a statutory corporation, referred to as 'WGCo', however in the event that a corporate vehicle is not used, the Welsh Ministers, or another such body as it may determine, may assume the role of WGCo. The Welsh Ministers have elected not to run a third party equity funding competition post selection of the successful economic operator. The Welsh Ministers reserve the right to take up to 20 % of the total equity the balance of equity will be attributed to the developer.