Ferrovial in a strategic UTE for a Barcelona underground project and related Adif contracts

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Ferrovial participates in a UTE with Comsa and FCC Construcción for a major Barcelona project

Ferrovial is part of a temporary cooperation (UTE) with Comsa and FCC Construcción, facing a significant Adif tender in Barcelona estimated at 621 million euros. The joint bid reflects Ferrovial’s strategic collaboration with these partners on a high‑profile underground construction project as part of the Rodalies de Barcelona network.

The opening phase of proposals for the R2 line’s underground works in the Montcada i Reixac corridor was published by Adif this Thursday, marking a crucial step in the evaluation process. The document outlines the path forward for delivering the new section through the city center, with detailed timelines and technical requirements that bidders must meet. This stage signals Adif’s commitment to transparency and competitive bidding as the project advances.

In the latest scoring round, the Ferrovial-Comsa-FCC Construcción consortium posted a combined score of 47.98, while the OHLA-Sacyr-Acciona-Rubau alliance scored 47.64, and the Dragados (ACS)-Tecsa-ACSA-San José group registered 43.46. The Roads and Constructions (ACS) bid stood at 37, with Copisa-Azvi and Engineering and Services following in subsequent positions. These scores reflect a rigorous evaluation based on technical plans, feasibility, and cost considerations that Adif emphasized as central to selecting a contractor for the underground works.

In a broader context, on April 13, Ferrovial announced the completion of its relocation to the Netherlands, a move that had been in progress between the second and third quarters of 2023. The decision aligned with the company’s long‑term strategy for geographic diversification and corporate governance governance in Europe. The relocation marks a new era for Ferrovial as it continues to pursue high‑value infrastructure projects across multiple markets, including Spain, and maintains commitments to its European operations while expanding its international footprint. [Attribution: Corporate announcements and public filings]

Despite these developments, Adif indicated that the economic evaluation process would determine whether any irregularities occurred in the submitted proposals. The agency noted that the awarding information remains publicly accessible throughout the tender process and is supported by Spanish and European legal guarantees. The forthcoming valuation report will clarify any questions about potential withdrawals or irregularities, with formal justifications requested and a lawful decision anticipated depending on the findings. [Attribution: Adif tender documentation]

6 key uncertainties surrounding the Ferrovial case relate to how Adif prioritizes transparency in rewarding works within Montcada i Reixac, part of the Rodalies de Barcelona R2 line, and the underground construction for the new station. Adif has consistently defended the integrity of the bidding process, insisting that it meets all technical and legal standards, and that bidding information remains accessible and well‑regulated throughout the process. [Attribution: Adif statements]

Other Ferrovial contracts with Adif

The most recent major contract Adif awarded to Ferrovial was in October, for the expansion of the A Coruña intermodal station, valued at 72.5 million euros with a 42‑month timeline. In the past two years, Ferrovial has contributed to 136 million euros toward renewing the Madrid‑Seville high‑speed line, 68 million for track maintenance in the Northwest, and 51 million for the Oural tunnel (Lugo), with some projects undertaken in consortium with other firms at stations for around 24 million euros in ancillary external services. The company remains committed to continued activity in Spain even as it maintains a Netherlands headquarters and pursues international opportunities. [Attribution: Adif project summaries]

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