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Approval of PPP concession brings Liége closer to light rail network

Eurostat, the European Union’s supervisory body for public accounting standards, has approved the PPP concession structure for Liége, Belgium’s, light rail network.

Eurostat, the European Union’s supervisory body for public accounting standards, has approved the PPP concession structure for Liége, Belgium’s, light rail network.

The commencement of work on the project has seen delays after Eurostat raised concerns over the structure of the PPP in 2015, stating that the EUR380m investment should be classified as public funding and placed on the government’s balance sheet.

The existing contract with MobiLiège (Alstom, BAM PPP PGGM, DG Infra) was cancelled, as the Wallonie Government rejected the decree and instead chose to retender the concession under a revised structure.

Three pre-qualification bids were shortlisted for the revised Design-Build-Finance-Maintain contract in October 2016: Alstom and BAM PPGM; CAF, Colas and DIF; Škoda Transportation, Vinci, CFE and Meridam. The

Société Régionale Wallonne du Transport  (SRWT) board approved all three bidders’ applications on 8 February. The contract is expected to be finalised early in 2018.

The planned route is to follow 12.5km (7.8 miles), although due to the delays it is now not expected to open until at least Spring 2022.