| Code: 81768 |

Fehmarn Belt tunnel contract awards authorised

TIN news:   On March 4 Fehmarn Belt fixed link project promoter Femern A/S was granted Danish political authorisation to negotiate contracts with its preferred bidders for the main tunnel works contracts.Femern A/S will present the results of the negotiations to the Danish Minister of Transport before signing the final contracts, scheduled for May. The contracts will be conditional on the German government granting permits for the project, at which point construction of the 18 km immersed tube tunnel between Rødbyhavn on Lolland and Puttgarden on the German island of Fehmarn would begin.
The negotiated contracts will be valid until the end of 2019, with an option to renegotiate at that time. In May 2013 nine major international consortia prequalified to submit tenders. Bids were evaluated with a 50% technical and 50% price weighting.

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