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Airports of Montenegro – public call for pre-qualification has been published

The Ministry of Transport and Maritime Affairs of Montenegro, has published a public call for the submission of pre-qualification applications for the award of the concession for Airports of Montenegro. The intention is to provide, through the award of the concession, the necessary valorization of Montenegro Airports in a long-term and sustainable manner that shall be in the interest of Montenegro and its further economic development.

The procedure comprises of two-tier phase:
Phase 1: Request for Qualification, and
Phase 2: Request for Proposals.
Only the Qualified Bidders will be requested to submit the Proposal for this call.

The company selected as the first-ranked bidder will be obliged to pay at least EUR 100 mills. in advance and to pay the concessionaire at least 10 percent of the annual revenue during the duration of the concession. Expected volume of investment is estimated at around 80 mills. EUR in the first three years and about 200 mills. EUR during the total duration of the concession right.
The first-ranked bidder will also be obliged to establish a legal entity in Montenegro for performing the this concession activity.

The pre-qualification phase will last 45 days from the day of publication, followed by evaluation of tenders and announcement of the tender procedure.

Adriatic Bridge Partners closely monitor developments related to this process in order to properly and fully inform our partners who have expressed an interest for participation in this project.

For more details, please contact us at: office@adriaticbridgepartners.com