January 7 (SeeNews) - Bulgaria's Lukovit municipality said on Tuesday that it has signed a 2.3 million levs ($1.3 million/1.2 million euro) contract with a consortium comprising Selvievo-based companies Infrastroezhi and Infraeco for reconstruction of water infrastructure.
According to registry agency data, Infrastroezhi controls 70% interest in the awarded tie-up.
The contract envisages the reconstruction of a 3.6 km long section of the water network in the town of Lukovit, in northern Bulgaria, and includes project design and construction supervision, the municipality said in a notice.
The deal was signed on December 19.
The public procurement procedure for awarding the contract attracted three offers. Bids were ranked based on price and technical criteria carrying equal weights.
(1 euro = 1.95583 levs)