Jau Potable Water

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In November 1995, Aguas de Mandaguahy was awarded a 21-year (1 year for construction and 20 years for operation) build, operate and transfer contract to supply potable water in the municipality of Jau, state of Sao Paulo. The consortium was expected to supply 165 liters/second (17,107 cubic meters/day) of water for a population of 87,000. The Jau Potable Water BOT contract was granted to a consortium controlled by Amafi Comercial e Construtora Ltda and Multiservice Engenharia Ltda in participation with the Portuguese company Resil (a subsidiary of Somague). In 2001, Multiservice had its name changed to Earth Tech Brasil Ltda and became a subsidiary of Tyco Group. As of December 2002, the project company was controlled by Amafi, Earth Tech Brasil, Empresa Tejofran de Saneamento e Servicos Gerais, and Resil. In 2004, the Portuguese Somague was integrated into the Spanish group Sacyr Vallehermoso. Financing for an initial investment of US$ 6.2 million (R$ 5.5 million, 1995 value) was supplied by the partners' own resources. In October 1998, the private sponsors started operating the facilities. After the operation started, they were expected to invest and additional US$ 9.4 million (R$ 11 million, 1998 value). As of December 2002, US$ 3.6 million had been invested (R$ 10.7 million, 2002 value). None None