Korean firm Samsung has joined bidding for the £600M Mersey Gateway Project this week, as client Halton Borough Council calls for final tenders.
Samsung joins the Merseylink consortium through a construction joint venture with contractors FCC and Kier. Halton has formally reassessed the new consortium and approved the change. The Merseylink consortium equity partners remain unchanged.
Bidders have until 10 April to submit tenders, ahead of the planned announcement of the preferred bidder in June. The successful bidder will be responsible for the design, construction, finance and operation of the six-lane toll bridge over the next 30 years.
The construction project is valued at £600M. The total revenues of the project over the next 30 years are expected to be around £2bn.
“We are now nearing the end of a very detailed and complex process to appoint a private sector partner to work with us for the next three decades on the Mersey Gateway project,” Halton Borough Council leader Rob Polhill.
“This means that the new bridge we really need here in Halton is one step closer, which is great news.”
The project is expected to begin construction by the end of the year.
Mersey Gateway Bidders
Balfour Beatty, Bouygues Travaux Publics, Egis Projects consortium, comprising equity members Balfour Beatty, Bouygues Travaux Publics and Egis Projects
Merseylink consortium, comprising equity members Macquarie Capital Group, Bilfinger Berger Project Investments, Vialia Sociedad Gestora de Concesiones de Infraestructuras, FCC Construcción and Kier Infrastucture and Overseas
MGL consortium, comprising equity members Galliford Try Investments, Hochtief PPP Solutions and Iridium Concesiones de Infraestructuras