Annual Report 2010 - AdP

The aforementioned figures, as compared with previous years, for the aggregate UNA-PD companies managing multi-municipal
systems are set out in the following table.
Investment, public tender processes, contracts and respective amounts
Investment in UNA-PD infrastructures ∆ 2010 / 2009
2008 2009 2010 Amount %
Infrastructure investment (millions of euros) 387 390 303 (87) (22.3%)
• Water Supply 170 133 79 (54) (40.6%)
• Wastewater Sanitation 217 257 224 (33) (12.8%)
Number of public tenders 98 90 110 20 22.2%
• Water Supply 32 29 38 9 31.0%
• Wastewater Sanitation 66 61 72 11 18.0%
Value of tender processes (million euros) 160 175 171 (4) (2.3%)
• Water Supply 38 37 34 (3) (8.1%)
• Wastewater Sanitation 122 138 137 (1) (0.7%)
Number of contracts 122 92 100 8 8.7%
• Water Supply 51 31 46 15 48.4%
• Wastewater Sanitation 71 61 54 (7) (11.5%)
Value of contracts (million euros) 222 120 149 29 24.2%
• Water Supply 85 18 57 39 216.7%
• Wastewater Sanitation 137 102 92 (10) (9.8%)
As was the case in previous years, a large percentage of the investments made by aggregate UNA-PD water supply and wastewater sanitation
multi-municipal system managing companies was co-funded by European Union financial instruments, in particular the Cohesion Fund.
During 2010, under the auspices of projects approved by the Cohesion Fund II, managing companies presented Portugal’s Territorial
Enhancement Thematic Operational Programme (POVT/QREN) with requests for payment totalling around € 186 million of
documented expenditure. In the same period, receipts from the Cohesion Fund totalled € 89 million.
In accumulated terms, out of the range of projects approved by the European Union Cohesion Fund, totalling € 1.787 billion in investment,
multi-municipal companies have already submitted around € 1.690 billion in requests for payment. This expenditure corresponds to the
co-funding due from the Cohesion Fund totalling around € 1.091 billion, with around € 976 million already paid out.
Of the 22 Cohesion Fund projects due for physical and financial completion through to the end of 2010, the European Commission
ruled that, in exceptional circumstances, this date might be subject to alteration. Given this opportunity, the postponement of the
project completion date for a total of ten projects until the end of 2011 was requested. The definitive closure, including the settlement
of the final amounts by the European Commission, may eventually prolong through to the years 2012 and 2013.
Under the National Strategic Reference Framework (QREN 2007-2013), 2010 saw the national authorities approve five operations
presented within the scope of the 1st Notice of Axis II of the Territorial Enhancement Thematic Operational Programme. Of the
total approved investment, around € 255 million, requests for payment amounting to € 123 million have been submitted. Receipts
paid out by the Cohesion Fund/QREN reached € 64 million, corresponding to around 42% of the total approved Cohesion Fund
financing (€ 153 million).
Also of note are the 41 new applications to the National Strategic Reference Framework (QREN 2007-2013) presented in 2009,
within the scope of the 2nd Notice of Axis II of the Territorial Enhancement Thematic Operational Programme. They were subject
to reformulation due to the phasing of investment and the definition of priorities taking into account the scarce nature of European
Union funding for structural water supply and sanitation networks. Emerging out of this set of alterations at the end of 2010 were
33 operational investments applying for sums totalling around € 906 million, with forecast Cohesion Fund grants in the region of €
625 million. The two planned phases in project approval should be noted: a first corresponding to total investment of € 527 million
with co-financing of approximately € 365 million, and a second phase, that may be approved after 2012, following the financial
reinforcement or reallocation of funding under Axis II of POVT, with total investment of € 379 million and European Union funding
of around € 260 million from the Cohesion Fund within the framework of POVT/QREN.
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