Metodología y evaluación para un proyecto de concesión aplicada a la participación de ASSENDA en proyectos de transporte público TRANSCARIBE

This paper studies the financial feasibility of the participation in the bidding for the design, operation and exploitation of the collection system besides the supply of the management system and the operation control of the integrated mass transit system of an important Colombian city. The project evaluation is done through free cash flows and net cash flows discounted analyzing the capital structure and cost of capital appropriate for the project, it also analyses the strategic reasons to address this type of business. The paper concludes with a sensitivity analysis which states the result of the financial assessment and recommendations for similar future projects.