Estados Financieros, (Inglés, Español) - Túnel San Cristóbal

As a result of the new works, the total and partial periods
of the concession contract were amended, with the new
deadlines being the following:
1. Deadline for submitting the third Progress Report: August
20,2007.
2. Deadline for presenting the fourth Progress Report:
January 20,2008.
3. Deadline for obtaining the Provisional Placement into
Service for the entire works: June 20, 2008.
4. The term of the concession will be for 390 months as of
its start as set forth in article 1.7.5 of the Bidding Terms and
Conditions, and consequently it will expire on August 20,
2037.
The concepts under which this contract is organized and
their final values are the following the following:
1. New works and services to perform: UF 777,177.23
2. Works that will not be Executed: UF(165,002.17)
3. Total net value: UF 612,175.06
In addition to the items shown, it is important to highlight
that the additional Changes in Services needed to carry out
the works of the so-called “Alternativa Pirámide”, in excess
of the amount included for this item in number 1 of the
previous paragraph, will be regulated according to article
1.8.19 of the Bidding Terms and Conditions.
The MOP paid the Concession-holding Company UF
635,000 in December, 2007. At the cut-off date of the
accounting control accounts for the cost of the works,
there was a balance in favor of the MOP in the amount of
UF 9,218.84, which was paid by the Concession-holding
Company on August 29,2008.
The works contracted by virtue of this agreement did not
involve any additional payments by the Concession-holding
Company to the MOP, for supervision, administration or
control of the Concession-holding Company.
The performance bonds referred to in articles 1.8.1.1 and
1.8.1.2 of the Bidding Terms and Conditions will be fully
applicable to the obligations of the Concession-holding
Company under this Supplementary Agreement.
The agreement contemplates that the MOP may demand
from the Concession-holding Company, for reasons of
public interest and urgency as set forth in article 69 No.
4 of the Regulations, to modify the contracted works and
services, with a view to improving and/or building incoming
and outgoing tunnel connections in the southern area of the
project, specifically the widening of Avenida El Cerro with
a bridge over the Mapocho River that connects opposite
Nueva Tajamar street, as well as structures and road works
for the connection to the Lo Saldes bridge and Costanera
Norte, or equivalent works.
b) Modifications to the concession contract by way of MOP
Supreme Decree No. 514
The concession contract for the public works known as
“Variante Vespucio-El Salto-Kennedy” was amended by
Supreme Decree 514 of the Ministry of Public Works of July
29,2008, published on the Official Gazette of November
14, 2008. This amendment set forth an operating plan for
the work consisting of four stages, the main aspects of which
are described below:
Stage 1: It considered two Operating Phases starting from
the date on which provisional Placement into Service of the
entire works was authorized (July 4,2008):
Phase 1.A: This phase contemplated opening the tunnel for
South-North traffic, with two lanes and restricted hours from
7:30 a.m. to 10:00 a.m and 5:00 p.m. to 9:00 p.m.
Scheduled start date: Starting from the date on which
provisional Placement into Service of the entire work was
authorized (July 4, 2008).
Scheduled end date: One week after the start.
Phase 1.B: This phase considered opening the tunnel for
South-North traffic, with two lanes and no time restrictions.
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