São Paulo Suspends Tender for New Government Headquarters PPP

Overview

• State officials announced on Nov. 21 that the envelope delivery set for Nov. 24 and the auction slated for Nov. 28 will be rescheduled, with new dates to be disclosed.
• Prospective bidders requested additional time to finalize required guarantees and complementary documentation for the proposal stage.
• The 30-year public-private partnership sets a maximum monthly public payment of R$76.6 million, with bids ranked by the largest discount on that amount.
• Project outlays are estimated at roughly R$6.0–6.1 billion, including a R$3.4 billion state contribution, and the concessionaire will operate and maintain the complex.
• The plan envisions seven buildings and ten towers consolidating state offices alongside restoration of 17 protected properties and expanded green space, with interest reported from Construcap with Acciona, Galápagos, and CS Infra.