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ECONOMIC NEWS FROM BOLOGNA

People Mover, call for tender open until December 10

The Official Journal of the European Union has published the invitation to tender for the project financing of the new monorail link

Interested organisations must submit their proposals for the planning, construction and running of the People Mover by 10 am on December 10. The Municipality of Bologna’s call for tenders for the project financing of the raised monorail link between the G. Marconi airport and the Central Station, with a single stop in Bertalia-Lazzaretto, has been published in the Official Journal of the European Union. The total investment is of 89.5 million euros: 42 million for construction, 38.5 million for rolling stock, 850 thousand for safety measures, 2.4 million for putting it into service, 7.35 million for compulsory purchasing expenses and over 1.1 million for technical expenses.

The Emilia-Romagna regional administration will contribute 27 million euros, and SAB, the company responsible for the management of the airport, 3.5 million. The lease is for 35 years. A yearly compensation of 1.5 million euros in the event that the minimum number of passengers required (to be specified by the tendering company in its proposal) is not reached has also been allocated. However, if the total yearly number of passengers exceeds 1.7 million, 25% of the profits will be paid to the Municipality of Bologna.