Press release - December 11th, 2016
The municipality of Mafra, which was the first municipality to privatize water and sanitation services in Portugal, makes it precisely 22 years ago, decided on last 9th od december, unanimously, to terminate the concession agreement with Be Water.
The decision was taken after the private operator submitted a request for tariff increases of 30 percent, which was considered "unacceptable,", said the municipality in a statement.
In order to carry out the redemption of the concession, the municipality promoted an economic-financial and legal study, concluding that full municipal management of services will reduce tariffs by up to five percent, and therefore, instead of a worsening, domestic consumers may benefit from a reduction in the water prices.