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Press Release - Decision of the Inter-Ministerial Committee for the construction and maintenance of the Administration Park buildings in the city of Alexandroupolis

02.08.2007 - 11:44

The Greek Inter-Ministerial PPP Committee has approved today the construction and maintenance of the Administration Park buildings in the city of Alexandroupolis. Contracting Authority of this project is the Prefectural Department of Evros.
This new building will accommodate the major part of the Prefecture’s Staff (about 383 employees). This PPP project is part of the strategic plan of the Prefectural Department of Evros. It aims at dealing with its accommodation issues, by replacing leased buildings throughout the Prefecture with a single modern building, which be properly constructed, so as to satisfy the required construction and operational standards and to reduce all operational costs. i.e. the solving of the major accommodation problem of the Prefectural Department’ s services with the replacement of leased buildings with a modern block of buildings, constructed for the specific use, that will meet all the required construction and function specifications. Consequently, the concentration of all services of the Prefectural Department of Evros in one location will reduce their functional cost.

Moreover, during the operational period, which will be 26 years, better facility management and maintenance of infrastructure will be achieved, via setting high quality and availability standards, upon which the reimbursement of the private sector will depend.

The estimated construction and maintenance cost of this PPP project amounts to 22 million euros (current prices). The heavy maintenance and insurance of the buildings are not included in this figure, and are estimated up to 20% of the total budget of the project.

The revenues that will stem from the commercial exploitation of some spaces of the new building, along with the granting of the right to install and operate photovoltaic systems in the building, will be taken into account for the final estimation of the availability payments that the Greek State will pay to the SPV that will undertake this project.

The final cost to be paid by the Greek State will be determined, upon the conclusion of the contract award procedures.