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Projects> Limerick
Southern Ring Road Due Diligence
Limerick Southern Ring Road Due Diligence
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MVA was appointed a Traffic and Revenue Adviser
for the Lenders. This involved an in-depth audit of the traffic forecasts
produced by the consortium's advisers, definition of scenarios for
the lenders forecasts and production of traffic and revenue forecasts
based on the agreed scenarios
Phase I of the Limerick Southern Ring Road runs South
and West from the N7 and joins the Cork Road (N20.21) at Rossbrien.
It was completed
in 2004. Phase II will continue west and north to join the N18
north west of Limerick. The project consists of 10km of dual carriageway
and includes a new tunnel under the River Shannon. Once completed
it will form the final part of a southern bypass around Limerick
linking all roads around the city. The project will be tolled at
two locations. One will be at a main line plaza close to the western
end of the scheme, the other on a single carriageway spur connecting
the new route with the existing N18 west of Limerick. MVA was appointed
a Traffic and Revenue Adviser for the Lenders. This involved an
in-depth
audit of the traffic forecasts produced by the consortium's advisers,
definition of scenarios for the lenders forecasts and production
of traffic and revenue forecasts based on the agreed scenarios.
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