The Hellenic Republic Asset Development Fund (HRADF) is looking for three consultants for the development of the port of Lefkimmi in Corfu. With ports and marinas largely keeping the privatization program alive, as they have shown resilience in the face of the pandemic, the Fund is rapidly planning to use them. In fact, beyond the port of Lefkimmi, which serves the ferry connection of South Corfu with Igoumenitsa, the conduct of a second tender for the sub-concession of the cave of Spilia or the marina of Imerolia is being examined.

The management responsibility of all three port infrastructures belongs to the Corfu Port Authority (OLKE), 100% of the share capital of which was transferred to the HRADF in 2012. For the utilization of the assets of the Organization the method used is of sub-concession to third parties , simultaneous or successive, with contracts of specific business units, port operations and services of port and other facilities.

The three tenders launched yesterday by the HRADF concern the hiring of a technical, legal, and financial advisor for the design and implementation of the tender process for the utilization of the regional port infrastructure of OLKE. The three consultants will provide support to the Fund, as mentioned in the relevant invitations, in the planning and implementation of the tender process for the development of the port of Lefkimmi (Tender A ‘).

The port of Lefkimmi is located in the south of the island at a distance of 43 km from the city of Corfu and serves the ferry connection of South Corfu with Igoumenitsa.

Also, as indicated in the three invitations to tender, the team of consultants may also provide their services for the tender process of utilization of the port infrastructure in the area of ​​Spilia or the port infrastructure in the area of ​​Imerolia (Tender B ‘).

In fact, it is provided that, if the HRADF, at its absolute discretion, chooses to proceed with the conduct of Competition B ‘, either simultaneously with Competition A’, or after its completion, the technical, legal, and financial advisor will provide their services for the Second Competition.

The duration of all three contracts is 24 months, while the maximum amount of remuneration (depending on whether two tenders will be held) for the technical consultant is 150,000 euros, for the legal advisor 121,000 euros and for the financial advisor 180,000 euros. The deadline for submission of bids for the three tenders is set for Friday, June 25, 2021.

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