Press release nr. 19/2017

ART ADOPTS ITEMS FOR THE DEFINITION OF THE CONCESSION SCHEME AND TOLL CHARGING SYSTEM OF A5, A4 / A5, SATT, A21 MOTORWAY SECTIONS

By Decision n. 119/2017, the Transport Regulation Authority identified regulatory items for the definition of the concession scheme and toll charging system of A5 Turin-Ivrea-Quincinetto, A4/5 Ivrea-Santhià, Turin Ring Road System, Turin-Pinerolo connection and A21, Torino-Alessandria-Piacenza motorway sections.

The decision concludes the proceeding initiated by the Authority on 31 May 2017 and takes into account the outcomes of a consultation and a public hearing with the stakeholders.

The Authority’s Decision, available at www.autorita-trasporti.it, was forwarded to the Ministry of Infrastructure and Transport for the purpose of calling a single tender for the award of the above-mentioned motorway sections.

The regulatory items for the definition of the concession scheme identified by the Authority and contained in Decision n. 119/2017 are as follows:

  1. purpose of contract
  2. duration of concession
  3. allocation of traffic risk
  4. service quality targets
  5. allocation of design and construction risks
  6. charging regulation and related information requirements
  7. review of Financial Plan.

The toll charging system is based on the “price-cap” method and on the determination of the five-year productivity indicator. The system includes, inter alia:

  1. identification of relevant activities and criteria for eligibility of costs and investments
  2. determination of net invested capital and related remuneration rate
  3. dynamics of charges and productivity
  4. incentive and penalty systems, with respect to the levels of service quality and investment
  5. definition of accounting separation and regulatory accounting obligations
  6. arrangements for annual monitoring.

 

2 October 2017