Project description
and objectives:
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The objectives of the proposed project will be to:
(i) finance 50 new buses, spare parts and workshop equipment
(ii) provide advice on the restructuring of the institutional and regulatory framework for public transport in Kaunas.
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Transition
impact:
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- Reforming the City-Company Relationship via a new Public Service Contract (the PSC): The PSC will define the scope of services provided by the Kaunas Bus Company and set the level for service payments by the city for the services purchased. The service payment will replace the existing system of subsidies and provide incentives for the Kaunas Bus Company to improve its financial and operational performance.
- Restructuring of Public Transport System: The Bank will provide assistance to reform the regulation and management of the public transport system by: (i) making recommendations to optimise the roles of the various modes of public transportation; (ii) implementing a route-tendering regime that encourages competition; and (iii) making recommendations for effective regulation to improve safety and pollution.
- Demonstration effect: This would be the first transaction in which the Bank would lend directly to a municipal transport company without a full sovereign or municipal guarantee.
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The client:
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The Kaunas Bus Company (Kaunas Autobusai).
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EBRD
finance:
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Up to € 10.0 million senior loan to the Kauno Autobusai.
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Total project cost:
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€ 10.5 million.
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Environmental impact:
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The modernisation of the bus fleet will help develop public transport alternatives as well as improve the air quality in Kaunas. The tender specifications will address air emission and fuel efficiency requirements in line with the European Union's environmental standards for urban buses.
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Technical
cooperation:
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Pre-signing:
Services to prepare: (i) a Public Service Contract between the City of Kaunas and the Kaunas Bus Company; (ii) a Business Plan for the Kaunas Bus Company; and, (iii) the specifications and tender for the purchase of the buses.
Post-Signing:
Services to prepare a comprehensive Public Transport Restructuring Advice Programme (PTRAP) to provide the services in relation to restructuring described above in the Transition Impact section.
For consultant opportunities for projects financed by technical cooperation
funds, visit procurement
of consultants.
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EBRD contact:
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Witek Szpak, Operation Leader: szpakw@ebrd.com
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Procurement or tendering
opportunities:
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Visit EBRD Procurement
Enquiries: Tel: +44 20 7338 6794; Fax: +44 20 7338 7472, Email: procurement@ebrd.com
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General
enquiries:
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EBRD project enquiries not related to procurement:
Tel: +44 20 7338 7168; Fax: +44 20 7338 7380
Email: projectenquiries@ebrd.com
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