The Finnish Transport Infrastructure Agency and the ELY Centre of Southwest Finland put out to tender the 5-year road maintenance contracts for the day-to-day management of roads. Road maintenance contracts are quality responsibility contracts, which are carried out in accordance with the quality requirements defined by the Finnish Transport Infrastructure Agency. The main objective of the road maintenance contracts is the benefit and flexible service of the road user. The aim is to achieve a fair distribution of risks and to develop good cooperation between the client and the contractor. The aim of the road maintenance contracts is also to provide opportunities for better development of road maintenance work and to improve the quality information and thus the productivity of the sector.
The Finnish Transport Infrastructure Agency and the ELY Centres are continuously developing the commercial model of road maintenance contracts in cooperation with the contractors in the sector. CAPEX Advisors has acted as commercial advisor to the Finnish Transport Infrastructure Agency during 2019 – 2024 in the development of the commercial model of road maintenance contracts.
The development work has included, among other things, evaluating the functionality of the commercial model, assessing the development of bid and contract prices, financial modelling of contract prices, evaluating the criteria for comparing bids, and preparing proposals for the development of the commercial model and assessing its impact.
Further information: Jon Forssell, Partner, jon.forssell@capexadvisors.fi