24
Tue, Dec
91 New Articles

CMS Advises CCCC on Public Procurement Contract for Bulgarian Railways

CMS Advises CCCC on Public Procurement Contract for Bulgarian Railways

Bulgaria
Tools
Typography
  • Smaller Small Medium Big Bigger
  • Default Helvetica Segoe Georgia Times

CMS has advised China Communications Construction Company Ltd. on structuring and winning a public procurement contract for the Bulgarian railways.

The China Communications Construction Company (CCCC) is a publicly-traded engineering and construction company engaged in the design, construction, and operation of infrastructure assets, including highways, bridges, tunnels, railways, subways, airports, and marine ports.

According to CMS, the Modernization of the Elin Pelin-Kostenets Railroad Section project is financed by the EU Transport and Transport Infrastructure Program 2014-2020 and is worth BGN 1.024 billion. The 51 kilometer route is divided into three sections and the design speed is up to 160 kilometers per hour for conventional trains. More than 20 kilometers of tunnels and 23 bridges and viaducts with a total length of about three kilometers will be built within the project. The modernization of five railway stations is planned, as is the elimination of all intersections among rail transport, traffic, and pedestrians. The contract is expected to be concluded by the end of February 2019.

The CMS team was led by the Partner Kostadin Sirleshtov and Senior Associate Angel Bangachev, supported by Associate Borislava Piperkova and Trainee Diyan Georgiev.

Bulgaria Knowledge Partner

Schoenherr is a leading full-service law firm providing local and international companies stellar advice that is straight to the point. With 15 offices and 4 country desks Schoenherr has a firm footprint in Central and Eastern Europe. Our lawyers are recognised leaders in their specialised areas and have a track record of getting deals done with a can-do, solution-oriented approach. Quality, flexibility, innovation and practical problem-solving in complex commercial mandates are at the core of our philosophy.

Firm's website: www.schoenherr.eu

Our Latest Issue