November 26 (SeeNews) - Bulgaria Kresna municiplaity said on Thursday that it signed a 1.1 million levs ($669,500/562,400 euro) street overhaul contract with a consortium comprising local companies Elitstroy and Patstroiinjenering.
The deal, which benefits from financing under EU's Rural Development programme 2014-2020 for Bulgaria, was awarded on October 29, the municipality said in a notice.
According to data from Bulgaria's Registry Agency, Elitstroy and Patstroiinjenering hold 50% in the consortium each.
The tender for awarding the contract attracted offers from three candidates. Quality criteria and price carried equal weights in the overall ranking of the offers.
(1 euro = 1.95583 levs)