Brazil’s federal transportation regulator ANTT awarded the re-concession of Rio de Janeiro’s Ponte Niteroi bridge to toll road operator EcoRodovias, which soundly beat CCR, the current operator, for the new 30-year lease. EcoRodovia’s bid was 18% lower than CCR’s. Absent from the contest were Brazil’s major contractors, barred from bidding as they grapple with the federal prosecution investigating their involvement in the corruption charges that plague Brazil’s oil giant Petrobras.
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