INVESTMENTS AND CONCESSION

The project is financed and implemented through the Public-Private Partnership (PPP) tool.

The partnership tool, provided for by the Italian Public Procurement Code, allows forms of cooperation to be established between public and private entities in order to finance, build and manage infrastructure or services of public interest.

The private entity was selected by the Gaslini Institute through a European tender which, over the course of 18 months, made it possible to develop the design concept, identify the private entity and award the works.

The total investment value for the performance of the works is more than 180 million, of which approximately 50 million allocated by the public sector (Gerolamo Gaslini Foundation, Giannina Gaslini Institute and other sources of public funding such as the Italian National Recovery and Resilience Plan (NRRP)) and approximately 130 million allocated by the private entity

In addition to carrying out physical works, the private entity is called upon to manage the energy services and maintenance (facility management) of the structure for 19 years.

The overall duration of the Agreement is 22 years, and includes the performance of the works and subsequent management of energy carriers and maintenance, for a total contractual price of over 546 million euros.