This PPP project involves the design, financing, construction, maintenance, and facility
management of 5 sports centres and 3 swimming centres in the Municipalities of Lamia, Kastoria,
Korinthos, Mitilini, Kozani, Papadou-Geras in Lesvos, Grevena and Sikees. The duration of the
Partnership is 25 years. Contracting Authority of this project is the General Secretariat for the
Olympic Utilization. The private partner that will be selected will undertake all services related
to the maintenance and facility management of the infrastructure (cleaning, guard) so that the
above-mentioned sport and swimming centres be readily available for operation by the
Municipalities.
This PPP project is the second one approved by the Greek Inter-Ministerial PPP Committee and
serves the strategic targets of the Ministry Of Culture and the General Secretariat for the Olympic
Utilization for enhancing the sports activities at a municipal level, covering sport and cultural
needs, creating new jobs, attracting teams for recreation and training and saving resources by the
rational management of the infrastructure.
The estimated cost (NPV) of the availability payments that will be made by the Contracting
Authority to the private partner that will undertake the project amounts to 50 million euros, plus
VAT. The heavy maintenance and insurance costs of the buildings are not included in this figure and
are estimated up to 20% of the total budget of the project.
Upon the conclusion of the construction of the project, the sports facilities will be given to
the respective Municipalities. The Municipalities will undertake the operating expenses (water,
heating, trainers etc) along with the expenses related to the facility management of the
infrastructure (cleaning, guard etc) that will be paid to the Hellenic State by the
Municipalities.
The final cost to be paid by the Greek State will be determined, upon the conclusion of the
contract award procedure.
Location(s):
Date of approval by the IM PPP Committee
01 Sep 2008
Status of the project
Preparation of the tender documents for the selection of Advisors
Transaction Status
The Contracting Authority is currently preparing the tender documents for the selection of
advisors.
Indicative Budget
50 million euros (20% insurance and heavy maintenance costs)