Investors - SEPTEMBER 14, 2021

To read this full article you need to be subscribed to Newsline.

Sign in Sign up for a FREE subscription

Sotra Link wins major road infra contract in Norway

by Kali Persall

The Norwegian Public Roads Administration (NPRA) has awarded Sotra Link with the largest fixed-price road infrastructure contract in the country’s history.

The NOK 19.8 billion ($2.3 billion) public-private partnership (P3) contract is also the largest of its kind awarded in the European Union this year. Sotra Link will finance, design, build, operate and maintain the road system for 25 years after it opens to traffic in 2027.

The decision had come down to two suppliers: ITIAS and Sotra Link. Sotra Link was chosen because it had the best price-quality ratio, IREI understands.

“Sotra Link has delivered a very competitive bid for the Sotra connection-contract and takes on considerable responsibility and risk for the project to be carried out at the agreed time and price,” said Kjell Inge Davik, director of construction at the NPRA. “The companies behind Sotra Link have extensive experience with implementing PPP contracts and extensive experience with the c

Forgot your username or password?

We use cookies and other tracking technologies to personalize your user experience on our site and perform site analytics. By clicking on “I accept”, you consent to our Privacy Policy.