Andradina Water and Sewerage System

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In February 2010, the tender to rehabilitate, operate and improve the water and sewerage system of the city of Andradina was approved. In July 2010, Consorcio Saneamento de Andradina was awarded a 30-year concession contract over two rival bidders and formed Aguas de Andradina as the project company comprised of: CAB Ambiental [70%, Brazil] and Sabesp, [30%, Sao Paulo's state owned utility]. Aguas de Andradina had targets for 100% of sewerage collection by 2015 and 100% of sewerage treatment by 2019. Andradina had a population of approximately 55,000 in 2010. The company agreed to invest BRL 26 million (US $14.5 million), in addition to the payment of BRL 3 million (US $1.5 million) for the concession rights. The concession contract was signed in the end of September 2010, and Aguas de Andradina took over the operation of the assets in October 2010.