The Ministry of National Economy and Finance announces that the process of opening the sealed bids has been completed, and the relevant committees have determined that one sealed bid was submitted, specifically by the economic operator “Christofferson, Robb & Co, LLC.”
After verifying the completeness of the bid and its compliance with the requirements of the tender notice, the aforementioned economic operator was designated as the Provisional Contractor.
Once the Provisional Contractor has submitted the award documents and they are deemed complete, it will be declared the Final Contractor and will be invited to sign the Concession Agreement, which will then be submitted to Parliament for ratification.
Following these steps and with the selection of the Final Contractor, the multi-stage process of selecting the strategic investor who will manage the Real Estate Acquisition and Leaseback Entity—which is expected to be operational in the fall—will be completed. In this regard, the participation of systemic banks is crucial, as they are actively bolstering the scheme with €100 million, following a direct agreement with the investor.
Until the Agency is fully operational, the Interim Support Program for Vulnerable Debtors remains in effect, under which the foreclosure process on the debtor’s primary residence is immediately suspended, while at the same time a state subsidy of up to 210 euros is provided for the loan installment.