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Bulgaria's Patengineering-M-led tie-up lands 8.4 road maintenance deal

Author Mario Tanev
Bulgaria's Patengineering-M-led tie-up lands 8.4 road maintenance deal Author: API Licence: All Rights Reserved

SOFIA (Bulgaria), December 12 (SeeNews) - Bulgaria's Road Infrastructure Agency said on Thursday that it has signed a 16.4 million levs ($9.3 million/8.4 million euro) framework agreement for road maintenance with a tie-up between Patengineering-M, Patishta M, and Nivel Stroy.

According to registry agency data, Patengineering-M owns 65% interest in the tie-up, Nivel Stroy controls 30%, while Patishta M has 5%.

The agreement concerns some 623 kilometres of roads in the Montana region, the government agency said in a notice.

The contract was signed on December 3, according to the notice.

The public procurement procedure for awarding the contract attracted two offers.

(1 euro = 1.95583 levs)

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