Bid were submitted for the €230 million Brabo 2 tram extension in Antwerpen, Belgium on October 1, 2014.

The project will involve three contracts – two DBFM contracts, one with procuring authority De Lijn and another with the government of the Flemish region – and a third DBF contract with the City of Antwerp. Maintenance for the City of Antwerp project will be undertaken by a public body.

The reason for splitting the contracts in this way is to split the project risk between the three authorities.

All three concession agreements will be managed by De Lijn, the state-backed transport authority. The preferred bidder will own a 74% stake in the project – while De Lijn will own a 26% stake in the project.

The 25-year DBFM project involves the construction of 7.4 km of double track tram infrastructure in the city of Antwerp and the renewal of adjacent streets and urban spaces.

In support of DIF III Infrastructure and CFE’s bid, Operis were pleased to undertake a full model audit and a tax and accounting review prior to submission.

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