Bulgaria's Silistra water utility awards EU-backed deal to local tie-up

The contract with the consortium comprising local companies Euronet, Aquapartner, Vodokanlstroy-Kostovi and Stilstroy-M, benefits from EU financing under Operational Programme Environment 2014-2020, the water utility company said in a notice on Monday. The deal was landed on October 8.

According to registry agency data, Euronet controls 51% of the consortium.

The deal envisages the reconstruction of the water supply network in Tutrakan along with construction supervision, the contracting authority said.

The public procurement procedure for awarding the contract attracted three bids. Price and quality criteria carried equal weights in the overall ranking of the offers.

Sofia-based Euronet, founded in 2006, is active in the design, construction and maintenance of copper and optic telecommunication networks, sewerage and water-supplying networks and gas-pipelines and installations, according to information published on its website.

(1 euro = 1.95583 levs)