Award of Ceneri Base Tunnel railway infrastructure systems: Swiss Federal Administrative Court orders postponement

The Swiss Federal Administrative Court has ordered the awards made by AlpTransit Gotthard Ltd. of the railway system lots "Railway Track & Logistics" and "Railway Systems and Overall Coordination" for the Ceneri Base Tunnel to be postponed pending consideration of the two appeals. Should the awards not become legally effective by the end of this year, effects on the scheduled date for opening of the Ceneri Base Tunnel in 2019 cannot be ruled out.

On August 12, 2013, the Board of Directors of AlpTransit Gotthard Ltd. awarded the "Railway Track & Logistics" lot to the Mons Ceneris Consortium under the lead management of Mancini&Marti AG for the price of approximately CHF 96 million, and the "Railway Systems and Overall Coordination“ lot to the CPC Consortium under the lead management of Cablex AG for the price of approximately CHF 129 million. Appeals against these two awards were lodged with the Swiss Federal Administrative Court in September 2013.

As a result of the provisional decision of the Federal Administrative Court, the contracts with the consortia cannot be signed for the time being. In the legal proceedings that are now pending, the appeals against the awards will be examined for their factual justification. It is impossible to say at present when the decision of the court can be expected.

The decision of the Federal Administrative Court has no effect on the opening of the Gotthard Base Tunnel in 2016.