TSM to build Moscow - Saint Petersburg highway km 58 - km 149 segment
Transstroymekhanizatsiya (TSM), a Mostotrest subsidiary, has won the one-step public tender for the right to enter in a long-term investment agreement for the construction, maintenance, repair, overhaul and toll-based operation of the km 58 – km 97 and km 97 – km 149 (Stages 1 and 2) of the Moscow – Saint Petersburg Highway. TSM has been awarded the contract based on its competences and qualifications, following competitive evaluation of the tender bids.
The km 58 – km 149 segment with a total length of 90.1 km will be part of the core segment of the Moscow – Saint Petersburg Highway and will run through the Moscow and Tver regions. As part of the project, TSM will build a Category 1A road with a design speed of 150 km-h, as well as a Category 1B approach road for the City of Klin, with a length of 4.5 km and a design speed of 120 km-h. Number of lanes on the entire segment: 4. The project envisions erection of a total of 7 traffic interchanges and 49 elevated structures, including a 322 m bridge.
Project customer: The Russian Highways State Company (Avtodor). Total cost of construction under the agreement will be RUB74.5 billion (including VAT). Scheduled completion: 1 November 2018. The project envisions a RUB7.5 billion (including VAT) investment by the contractor. Total payments for maintenance, repair and overhaul at the operation stage will be RUB15.4 billion. The investment agreement will be valid until 2038, with a subsequent extension option in conformity with the terms of the agreement.
The km 58 – km 149 highway segment will become part of modern and efficient high-speed road infrastructure to link Moscow and Saint Petersburg, which will relieve the streets of more than 100 communities of transit traffic and create conditions for economic growth in its surrounding areas.
Transstroymekhanizatsiya (ТSМ) is a PJSC Mostotrest subsidiary. The company is engaged in construction and reconstruction of transport infrastructure, such as roads and airports. TSM operates in the Central, Southern and Far Eastern federal districts of Russia, is a key contractor for the construction of segments of the Moscow – Saint Petersburg Highway and reconstruction of the M-11 «Narva» Highway, is currently implementing the Sheremetyevo, Ufa, Rostov-on-Don, Nizhniy Novgorod, Khabarovsk and Norilsk reconstruction projects, as well as construction and reconstruction of the M-4 «Don», M-9 «Baltic» and M-10 «Russia» highways.
PJSC Mostotrest is the largest diversified transport infrastructure player in Russia, with a presence across all core and associated market segments, as well as a participant in Russia's pioneering public-private partnership (PPP) projects. According to EMBS Group, an industry consultancy, Mostotrest had a 13.9% share of the Russian transport infrastructure construction market in 2015.
Mostotrest key business segments are construction and reconstruction of bridges (including road, railway and urban bridges), roads and other transport infrastructure, as well as road repair, maintenance and operation services. In addition, the Company diversified into the new road concession management segment in 2012.
Mostotrest was established in 1930 as a special and super-sized bridge construction company.
Mostotrest is currently involved in implementation of a number of complex integrated transport infrastructure development projects, such as construction of Segment 4 (km 208 – km 258) and Segment 6 (km 334 – km 543) of the M-11 Moscow – Saint Petersburg Highway, construction and reconstruction of the M-4 «Don», M-9 «Baltic» and M-11 «Narva» highways, construction of the Businovskaya Interchange in Moscow, the Borsky Bridge in Nizhny Novgorod and the Voroshilovsky Bridge in Rostov-on-Don.Additional information: www.mostotrest.ru