CUT AND RUN
- From: Vol 12, Issue 6 (June 2011)
- Category: Need to know
- Region: Europe
- Country: France
- Related Companies: Lyonnaise des Eaux
Bordeaux has become the latest French city to consider re-municipalising its water supply service, complaining of overcharging and a lack of transparency from current operator Lyonnaise des Eaux.
Cutting and running from its private contracts may please sections of the electorate, but it is expensive. The court of appeal this month ordered the City of Castres to pay €28 million to Lyonnaise des Eaux as compensation for ending a 30-year contract 17 years early.
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