Plovdiv mulls a 30M leva street rehabilitation project
Plovdiv municipality is contemplating a 30 million leva rehabilitation project of the city's inner street network, that if executed, will see about 285 streets, and 105km in total, renovated and brought up to standard, Stroitelstvo Gradut weekly said on April 12 2010.
"Plovdiv's potholes are a chronic problem for the city's municipal budget as up to four million leva are spent annually to fix them," mayor Slavcho Atanassov said in an interview.
"That is why we are proposing a more thorough solution to the problem, a long-term and comprehensive rehabilitation that will be completed within three years," he said.
If approved by the local authorities, the project is due to start in the autumn of 2010.
To finance its ambitious undertaking, Plovdiv municipality will draw a loan from the European Development Bank amounting to 30 million leva. The credit is due to be paid over 14 years.
Reportedly, this is the first time the European Development Bank is due to release such a big loan to a Bulgarian municipality for its road infrastructure rehabilitation.
The project will encompass all six major areas of Plovdiv, which in turn is broken down into three further phases, or separate lots for which there will be separate public procurement procedures.
The first is called Trakia or Eastern, worth 5 232 538 million euro. The second lot, Northern and Central, is worth 4 503 227 euro while the third, South and West, are estimated at 3 665 220 euro, Stroitelstvo said.
The European Development Bank has proposed that a specially designated and independent quality control commission be set up to audit the firms and ensure that the project is handled correctly.
Text source: sofiaecho.com
Image: Maria Subotinova
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