Wednesday, December 31, 2014

Highways: contracts will not be terminated in 2016, the … – Boursorama

Highways: contracts will not be terminated in 2016, the … – Boursorama

French Prime Minister Manuel Valls (d) in discussion with a homeless December 31, 2014 in Montrouge, near Paris (AFP / Bertrand Guay)

The French Prime Minister Manuel Valls (d) in discussion with a homeless December 31, 2014 in Montrouge, near Paris (AFP / Bertrand Guay)

Prime Minister Manuel Valls declined to decide in haste on the future motorway concessions, renouncing termination in 2016 and a floor loading working group on two scenarios, termination or renegotiation in 2017.

This working group will be set up in January with a dual mission. The first will examine the proposals made to the government on December 22 by the motorway companies.

These proposals include “significant progress,” the prime minister said, adding that “the negotiation n ‘ is completed and the proposals need further improvement review the terms and consequences of early termination of contracts “and” compare two scenarios “

The second mission will be to.” renegotiation or termination of contracts 1 January 2017, “explains Manuel Valls.

” The working group may propose, if necessary, amendments to the bill for the growth and activity, for its first review reading in the National Assembly, “he said

The Association of French motorway companies (ASFA) could not be reached Wednesday

-.. Put the dish concessions –

December 31, 2014 was the deadline for termination of contract applicable from 1 January 2016

The government will therefore waited until the last moment to make its decision, announced by. a letter from the Prime Minister the member (PS) Jean-Paul Chanteguet, rapporteur of an information mission had called in mid-December, termination of contracts.

In addition, 152 Socialist deputies had Manuel Valls wrote to demand redemption of motorway concessions.

“The government shares your analysis regarding the need to overhaul motorway concessions, which were privatized in 2006 by the Villepin government without that ‘precautions have been taken to preserve the interests of the state in the long term, “said Manuel Valls in his letter.

The government and dealers began in the fall of negotiations after publication of reports of the Competition Authority, which denounced a situation of “annuity”, and the Court of Auditors, which was also made of the unbalanced nature of the contracts.

Manuel Valls, who received dealerships in October, says that “the government is determined to remedy this situation and to implement the recommendations of the Court of Auditors and the Competition Authority.”

“The Bill for the growth and activity which will be considered in the month of January by the National Assembly contains provisions to this effect, “he says again

-. ‘Better regulation tolls’ –

Among the friction topics include the tolls, which should increase from 0.57% to 1 February, as part of the annual increases planned in the concession contracts

Without directly addressing this increase, Manuel Valls said that “the government’s objectives are better regulation of tolls to preserve the purchasing power of motorists, the rebalancing of profit sharing and a system involvement motorway concessions to finance the country’s transportation infrastructure. “

He added that” the pursuit of negotiations for a few weeks at most should help give every opportunity to achieve the best possible solution. “

Dealers ensure that profitability is well below 20% or more raised because it must be calculated over the entire concession period is thirty years.

But the state could set a profitability ceiling, beyond which their profits are donated to him, and could, in turn, make up some of the shortfall in the event of lower traffic.

Companies dealers operate 9,048 km of French motorways, existing 11,882. Subsidiaries for most French giant BTP Eiffage (APPR and Area) and Vinci (ASF, Cofiroute and Escota) and the Spanish Abertis (Sanef and AWS), they exploit concessions until 2027-2033.

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