Concession Agreement: FINANCING, OPERATION, MAINTENANCE AND EXPLOITATION OF THE EGNATIA ODOS MOTORWAY AND THREE VERTICAL ROAD AXES
The EGNATIA ODOS 35 years Concession agreement includes the Egnatia Odos (A2) main motorway axis with a total length of 658km and the three vertical highway axis A29, A1 and A25 with a combined motorway length of 226km.
The Project Concessionaire is the “NEA EGNATIA ODOS PARACHORISI S.A.” and trade name “NEA EGNATIA ODOS S.A.”
The Project Principal Constructor is the Company Terna Société Anonyme
The Independent Engineer for the Supervision of the Imminent Works Period is the J/V “OMEK CONSULTING ENGINEERS SA – AECOM LTD INDEPENDENT ENGINEER”,
The 5yrs Imminent Works Period (design, construction and heavy maintenance works) of the Contract includes the following scope:
Imminent Works:
Other Works:
Heavy Maintenance Works:
Independent Engineer – Duties & Obligations
Area | Duties & Obligations |
|---|---|
Supervision of Works
| Supervises all Imminent & Other Works and the entire construction during the Imminent Works Period.
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Design Review
| Review and approve all required Designs for compliance to Contract Requirements.
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Compliance Checks
| Inspects whether Studies meet the Study Requirements and orders supplementary studies if needed.
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Testing Oversight
| Approves site investigation and testing programs and ensures their compliance with Contract requirements.
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Quality Assurance
| Approves QA/QC manuals (e.g., ISO 9001:2015), mandates improvements, and monitors implementation. Assesses whether construction materials and workmanship comply with specifications and ensures all necessary corrective measures are taken.
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Schedule Management
| Reviews and approves the program of works and the associated input-output schedules.
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Monitoring Adherence
| Ensures compliance with the approved program during the Imminent Works Period.
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Manual Review
| Reviews Operation and Inspection-Maintenance Manuals and provides binding decisions.
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Coordination
| Coordinates with the State to ensure design and construction works comply with specifications.
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Workplace and Public Safety
| Ensures that the Concessionaire effectively manages risks to both workers and the public. The IE confirms that emergency and routine safety measures are in place and functional.
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Asset Management System
| Review and approve the Asset Management System submitted by the Concessionaire.
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Standards Compliance: Ensure the system aligns with the best practices such as the AASHTO Transportation Asset Management Guide or equivalent.
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Functionality Check: Confirm the system is a modern, operational tool including documentation, installation data, and software-based management.
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Comprehensive Coverage: Verify inclusion of all major infrastructure components (pavements, bridges, tunnels, road equipment, etc.).
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Hybrid Toll System
| Infrastructure Supervision: Oversees physical works related to toll gantries, booths, communication systems, and roadworks.
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Compliance Oversight: Ensures systems comply with European standards (e.g. 5.8 GHz electronic tolling) and Directive 2004/52/EC.
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Monitoring Implementation: Verifies timely and correct implementation of toll systems during the 24-month installation window.
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System Certification: Issues relevant certificates of completion or readiness for the toll system to become operational.
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Final & Interim Certification
| Issues Final and Interim Certificates of Completion for Imminent Works and Other/Local Works.
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Dispute Authority
| Makes binding decisions unless overruled by the Technical Dispute Resolution Committee.
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