Guidelines For Airports′ Concession Are Published

Today, September 16, the Board of the Investment Partnership Plan (the "Plan") published its Resolution No. 5, setting out general guidelines to the concession of the operation and exploration of four international airports, located in the cities of Florianópolis, Fortaleza, Porto Alegre and Salvador.

The Resolution is the first normative act of the Board that contains specific rules regarding the concessions included in the Plan, which may provide some insights about general guidelines that may be adopted in other infrastructure areas.

Among the published guidelines, we highlight the following:

Auction Rules

• Modality and selection criteria: The adopted modality is the simultaneous auctions to be held in a public session. The proposals′ selection criteria will be the "highest offered Initial Fixed Contributio " (which is defined below in item "Payment of the Offered Amount");