Enniscorthy bypass inches closer as BAM Iridium Consortium is preferred tenderer
The BAM Iridium Consortium has been named as the preferred tenderer for the M11 Gorey to Enniscorthy Public Private Partnership (PPP) Scheme with the contract expected to be signed by this summer.
The same consortium was also announced as the preferred tenderer for the N25 New Ross Bypass PPP scheme in December 2014.
The Bam Iridium consortium will continue to the final stage of the bidding process and it's anticipated that, 'subject to achieving financial close', the M11 contract may be signed between the NRA and the consortium by this summer, with the detailed design and construction starting after that date.
As well as being responsible for constructing the schemes the Consortium will be responsible for their operation and maintenance over a concession period of 25 years.
Unlike other PPP schemes in Ireland, these contracts will not include the tolling of traffic. The consortium's investment costs will be recouped solely through payments from the NRA, on the basis of road availability over the 25 year concession period.
The M11 Gorey to Enniscorthy PPP Scheme is approximately 41Km in length incorporating a new 27Km motorway and tie-in to the east of Enniscorthy, an 8Km single carriageway bypass to the west of Enniscorthy, a 4Km dual carriageway section linking the N30 and N80 that crosses the River Slaney, and associated side road improvements.
The N25 New Ross Bypass is approximately 14Km in length and includes what will be the longest bridge in Ireland, extending 900m over the River Barrow to the south of New Ross.
The construction of the two schemes will result in the alleviation of severe traffic bottlenecks in Enniscorthy and New Ross and will create much safer and accessible environments in both towns.