Eastern rebels under pressure to stick with SEDIF
- From: Vol 11, Issue 7 (July 2010)
- Category: General
- Region: Europe
- Country: France
- Related Companies: GdF Suez, Syndicat des Eaux d’Ile de France (SEDIF) and Veolia
Veolia has taken a 50% cut in its profit to retain Europe’s largest water contract, and forced the nine rebel towns into a difficult position. If the hold-outs don’t sign up to the offer, the other 135 municipalities will face higher bills.
The Syndicat des Eaux d’Île de France (SEDIF) formally awarded a new €3 billion 12-year water services contract – the biggest in Europe – to Veolia Water on 24 June, after a long-running competitive procurement process which saw Suez Environnement’s rival proposal rejected in May on the grounds of price.
The scope of the contract is not yet finalised, however ...
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