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Brazil's waterways regulator Antaq is preparing tenders for 25-year passenger terminal concessions at Bahia state's Salvador port and Pernambuco state's Recife port.
A consultancy period to address comments and suggestions regarding the contracts runs from November 18-December 17.
On December 10, a public hearing is scheduled to be held in Salvador for the Salvador port and, on December 11, a hearing is due to be held in Olinda (Pernambuco) for the Recife port, according to Antaq releases.
The tenders will be awarded based on the lowest passenger fare offered. Companies and consortiums, including pension and investment funds, are eligible to participate, according to minutes from a tender meeting.
For Salvador, bidders must prove they have at least 9.1mn reais (US$3.62mn) in capital, and for Recife, at least 5.05mn reais. Some 364mn reais and 202mn reais in revenue is expected to be generated, respectively, over the contract periods.