Explanatory Material: Next Steps for Implementing the Decision of RB Rail Supervisory Board taken on September 7

On September 7, the Supervisory Board of RB Rail approved the basic principles of the Rail Baltic/Rail Baltica procurement model which is core to the Contracting Scheme. In order to legally certify that all involved parties agree to this model, Ministry of Economic Affairs and Communications of Estonia, Ministry of Transport of Latvia, Ministry of Transport of Lithuania, Estonian Technical Regulatory Authority, RB Rail, Rail Baltic OU, Eiropas Dzelzceļa līnijas, Rail Baltica Statybas UAB un Lietuvas Geležinkeliai have to sign the Agreement on the Contracting Scheme for the Rail Baltic/Rail Baltica until September 30, 2016. During September the parties still have to agree on some legal issues to be stipulated in the agreement.

09.09.2016

Supervisory Board of RB Rail AS approves Rail Baltic/Rail Baltica procurement model

Today, September 7, the Supervisory Board of the joint venture of three Baltic countries approved the basic principles of the Rail Baltic/Rail Baltica procurement model which is core to the Contacting Scheme to be agreed by all three countries. All procurements will be divided in three groups – procurements organised solely by the joint venture, consolidated procurements carried out by the joint venture and procurements carried out by the national implementers under strict joint venture supervision.

07.09.2016