Ferma Road Maintenance Concessioning
A Public Private Partnership (PPP) Initiative
The cost of expanding, upgrading, and maintaining Nigeria?s infrastucture exceeds
Government?s ability to fund it. Therefore, the policy of the Federal Government
of Nigeria is to partner with the private sector in a number of carefully identified
PPP projects.
FERMA's Road Maintenance Concessioning is a scheme under which the agency grants
concessions to private sector companies for specific periodic maintenance (e.g.
pavement strengthening) of the roads. It is the pilot PPP project of the Agency and
is a core component of our Medium Term Strategy.
Medium Term Strategy
The Nigerian road network is in a general state of disrepair with over 65% of roads
classified as "bad" or "poor". The objective of FERMA?s Medium Term Strategy is to
ensure that over 80% of roads are in "very good" structural state within 10 years.
FERMA's strategy is to prevent good roads from degenerating into poor conditions,
while bad roads will be upgraded and strengthened. Once bad roads are recovered they
will be preserved using continuous road maintenance.
Legal Framework
The Infrastructure Concession Regulatory Commission (Establishment, etc)
Act, 2005 provides for the participation
of the private sector in financing, construction, development, operation or maintenance of
infrastructure or development projects of the Federal Government through concession or contractual arrangements.
Due Dilligence Data Room
FERMA recently conducted a pre-qualification excersise for companies
interested in participating in the Performance Based Maintenance Management (PBMM) programme.
The successful companies are invited to perform their own due dilligence on the agency
using our secure Online Data Room.
Log in, search and download legal and engineering documents relating to
the Agency and the roads whose maintenance is being concessioned.
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