Table A-1: Concession Process and Timeline

 

France

US-Chicago Skyway

US- Indiana Toll Road

June 8, 2005: The French prime minister announces the sale of the State's majority shareholdings  in ASF, APRR and Sanef..

July 18, 2005: the French Government launches The Toll-Road Motorway Concessions Privatization process. Bidders are invited to submit indicative bids.

July 28, 2005: The government publishes the draft concession agreements which bidders must agree to accept.

August 22, 2005: Nineteen indicative bids are submitted for the three toll roads concessions.

October 2, 2005: The government announces the second phase of the auction process; bidders are invited to submit firm offers by November 7, based on additional specifications.

November 7, 2005: Bids are received by the French Government for the three toll roads concessions; 4 bids are offered for APRR, 4 bids are offered for Sanef, and 1 bid is offered for ASF.

December 1/2, 2005: Representatives of the French Government meet with the all of the bidders individually to review their respective bid packages.

December 13, 2005: The French Government announces the winning bidders for the three toll roads concessions.

March 2, 2004: City issues Request for Concessionaire Qualifications.

May 5, 2004: City announces that five bidding groups are qualified to bid.

May 27, 2004: An invitation to bid is provided to each qualified bidder along with a draft concession agreement and detailed information about the Skyway.

July 8, 2004: Prospective bidders provide comments on the draft concession agreement.

September, 2004: Prospective bidders are provided with the bid form and a final concession agreement.

October 14, 2004: Bids from three bidders are received by the City.

October 15, 2004: The City announces the winning bidder.

September 28, 2005: State of Indiana issues Request for Toll Road Concessionaire Proposals (Qualifications).

October 26, 2005: State receives proposals. .

October 2005: State selects qualified bidders and issues invitation to bid.

November/December 2005: Prospective bidders are provided with detailed information about the Toll Road, the concession agreement and the bid form.

January 20, 2006 (Friday): Bids from three bidding groups are received by the State.

January 23, 2006 (Monday): The State announces the winning bidder.

Note: The three French concessions were auctioned separately, but at the same time. The process and timeline used is outlined below.

Source: Authors.