EcoRodovias Firm Wins BR-364 Highway Concession bid

EcoRodovias offered a toll rate of R$4.69 (US$1.17), which meant a bid 33.1 percent lower than the maximum amount stipulated by the federal government of R$7.02.

RIO DE JANEIRO, BRAZIL - The EcoRodovias Company won yesterday, September 27th, the bid for the BR-364/365 highway concession held at B3 (former Bovespa) stock exchange. The company offered a toll rate of R$4.69 (US$1.17), which meant a bid 33.1 percent lower than the maximum amount stipulated by the federal government of R$7.02.

In this type of dispute, the winner is the one . . .

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