Sao Sebastiao da Grama Water and Sewerage Services

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In October 2015, a Brazilian companies Perenge Engenharia e Concessoes Ltda and Terracom Construcoes Ltda were awarded the 30-year concession contract to expand, rehabilitate and operate the water and sewerage facilities of Sao Sebastiao da Grama, located at the state of Sao Paulo. The contract was awarded by the municipality, and the investments were expected to benefit around 13,000 people. The bidding criteria was the lowest tariff to operate the water and sewerage facilities. The names of other bidders was not available. The contract was signed in June 2016, and the private sponsor took over the operations of the water and sewerage services in early 2017. The special purpose company Aguas de Sao Sebastiao da Grama was established to lead the project. The total investment was estimated at US$ 3.4 million (BRL 10.86 million).