Ladopoulos Urban Regeneration PPP



TCRS Number:


Business sector:


Notice type:




PSD disclosed:

23 May 2022

Project Description

The scope of the Project is the urban regeneration of the city of Patras with the rehabilitation of the former Ladopoulos paper factory into a building complex to host the West of Greece Regional Authority and the Decentralized Regional Authority departments, the West Regional Authority offices, the Municipality of Patras offices, a nursery public school, the Patras Music School, the Technology Innovation and Technology Centre and other supportive infrastructure such as cafés and restaurants.

The site is owned by the Municipality of Patras.

This is a Design, built, finance, operate, and transfer (DBFOT) Project for a predetermined time via a Public Private Partnership (PPP).

The West Greece Regional Authority intends to proceed into Phase A (prequalification) and B (competitive dialogue) of a tender procedure for selecting a private sector partner.

At the moment, the West of Greece Regional Authority and the Municipality of Patras spend c. EUR 1m per annum on 19 buildings that are currently rented to house their services. The West of Greece Regional Authority (Contracting Authority) and the Municipality of Patras (owner of the land plot) have a plan to redevelop the property and consolidate in one single location their offices, rather than having these spread across the city. This will result in operational synergies and significant cost savings, including rental expenses on third party occupied buildings around the city. In addition, the Ministry of Education has identified the need for increased availability of classrooms of the public kindergarten and for the Patras Music School, both of which form part of the Investment.

The Project includes rehabilitation of the former Ladopoulos paper factory in Patras. The factory was established in 1927 and ceased operations in 1991. It depicts a 48.8 acres property facing the seafront (Akti Dimeon) and includes 44 old buildings.

According to the PPP structure, as a non – compensatory PPP, the Private Sector Partner of the Partnership will not be paid via revenues generated from the project but via availability payments by the Contracting Authority during Operations.

Availability payments will come from the National Investments Fund of the Ministry of Development and Investments and these are estimated at EUR 6m per annum at nominal values.

The Project includes:

  • Design and build the Project according to the technical, safety, environmental and social specifications within a two year period.
  • Successfully complete trial operation and commissioning tests.
  • Conduct routine and heavy maintenance and technical management (preventive, corrective, repair, replacement), day-to-day technical operation and supervision of availability of the Project;
  • Prepare a forward investment plan for the Project (to prepare for future asset renewal or service life extension).

The overall objective of the project preparation assignment in support of the Project will focus on the following:

  • Comprehensive Gap Analysis of the existing feasibility study.
  • Preparation and finalisation of procurement documents including the RFQ (Prequalification Questionnaire, if necessary, Request for the Expression of Interest etc.) RFP (including competitive dialogue phase (Phase B.I), if chosen, and the Invitation to Submit Binding Offers (Phase B.II)), Partnership Agreement, and its annexes including Technical Specifications and any other agreement relevant to a Project.
  • Assistance in obtaining all necessary approvals of project documents.
  • Undertake relevant environmental and social assessments and studies related to the Project. The applicable requirements for this assessment is the EBRD’s 2019 Environmental & Social Policy and the associated Performance Requirements, national legal requirements, relevant EU directives and international obligations and treaties ratified by Greece.
  • Support in conducting a competitive PPP procurement process. Such procurements shall meet both the local legislation and the EBRD Procurement Policy.
  • Active participation in structuring of the PPP for well-balanced risk allocation and bankability
  • Active participation in competitive dialogue, bid review and scoring and provision of guidance, wherever needed, in particular during the dialogue with bidders and their lenders  
  • Commercial close entailing signing of Project agreements.
  • Support in achievement of financial close entailing signing of the financing agreements.
  • Provision of the workshops for training of the counterpart personnel (management and other key staff) for PPP procurement, monitoring and management to international standard in the respective areas.  

The Project preparation must meet all the relevant requirements and standards established by the EBRD.

Understanding Transition

Further information regarding the EBRD’s approach to measuring transition impact is available here.

Business opportunities

For business opportunities or procurement, contact the client company.

For business opportunities with EBRD (not related to procurement) contact:

Tel: +44 20 7338 7168

For state-sector projects, visit EBRD Procurement:

Tel: +44 20 7338 6794

Any competitive selections for business opportunities relating to this project will be published on the EBRD's website: Consultancy Procurement Opportunities.

General enquiries

EBRD project enquiries not related to procurement:
Tel: +44 20 7338 7168

Access to Information Policy (AIP)

The AIP sets out how the EBRD discloses information and consults with its stakeholders so as to promote better awareness and understanding of its strategies, policies and operations following its entry into force on 1 January 2020. Please visit the Access to Information Policy page to find out what information is available from the EBRD website.

Specific requests for information can be made using the EBRD Enquiries form

Independent Project Accountability Mechanism (IPAM)

If efforts to address environmental, social or public disclosure concerns with the Client or the Bank are unsuccessful (e.g. through the Client’s Project-level grievance mechanism or through direct engagement with Bank management), individuals and organisations may seek to address their concerns through the EBRD’s Independent Project Accountability Mechanism (IPAM).

IPAM independently reviews Project issues that are believed to have caused (or to be likely to cause) harm. The purpose of the Mechanism is: to support dialogue between Project stakeholders to resolve environmental, social and public disclosure issues; to determine whether the Bank has complied with its Environmental and Social Policy or Project-specific provisions of its Access to Information Policy; and where applicable, to address any existing non-compliance with these policies, while preventing future non-compliance by the Bank.

Please visit the Independent Project Accountability Mechanism webpage to find out more about IPAM and its mandate; how to submit a Request for review; or contact IPAM  via email to get guidance and more information on IPAM and how to submit a request.

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