November 12 (SeeNews) - Bulgarian water utility company ViK Silistra, which services Silistra municipality, said on Thursday that it has signed a 7.5 million levs ($4.5 million/3.8 million euro) contract for the construction of water supply infrastructure with a tie-up between three local companies.
The tie-up comprises local Kristalna Voda, Aquapartner and Engineerik, ViK Silistra said in a notice to the public procurement agency.
Kristalna Voda owns 97% interest in the tie-up, while Engineerik and Aquapartner hold 2% and 1%, respectively, according to registry agency data.
The deal was signed on October 12 following a tender which attracted five bids. The contract envisages the construction of some 8 kilometres of water supply pipelines.
The project will be partially financed with EU funds under operational programme Environment 2014-2020.
Also in October, ViK Silistra signed two other contracts with the same tie-up, worth a total of 35.8 million levs. The two deals concern the reconstruction of infrastructure in the villages of Aydemir and Kalipetrovo.
(1 euro = 1.95583 levs)