Project description
and objectives:
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The objectives of the proposed project are to: rehabilitate well fields,
transmission pumping stations and the water supply network; install water
meters for 100 percent of households and assist the Company to improve its
financial and operational performance.
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Transition
impact:
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Technical co-operation to help the Kutaisi Water Company to identify and
implement measures to improve it financial and operational performance.
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A new tariff policy will be developed to reform the current system to enable
the Company to cover its costs while protecting low income families from
hardship.
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Skills and knowledge transfer will take place during project preparation and
implementation plus training and new skills will be provided directly by the
technical co-operation programmes.
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The operation will have an important demonstration effect as one of the first
examples of co-operation between a smaller Georgian municipality, an IFI, and
two international donors to finance an environmental project.
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The client:
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The Kutaisi water company.
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EBRD
finance:
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Up to EUR 3.0 million loan to the Republic of Georgia to be on-lent to the
Kutaisi water company.
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Total project cost:
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EUR 11 million.
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Environmental impact:
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Municipal water supply is currently very unreliable and the operation is
intended to restore 24 hour service with improved water quality.
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Technical
cooperation:
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Pre-signing:
Financial, technical, and environmental feasibility study, including a review
of affordability and an economic rate of return analysis. This was financed by
the EU Joint Environmental Programme.
Restatement and audit of the Company’s accounts was financed by the EBRD Early
Transition Countries Fund.
Post-signing:
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Design, Engineering and Implementation Support to assist the client to fully
prepare and implement the investments.
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Corporate Development Programme to help the Kutaisi Water Company identify and
implement changes to improve its financial and operational performance.
For consultant opportunities for projects financed by technical cooperation
funds, visit procurement
of consultants.
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EBRD contact:
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Levan Sharvadze, Operation Leader: sharvadl@ebrd.com
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Procurement or tendering
opportunities:
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Visit EBRD Procurement
Enquiries: Tel: +44 20 7338 6794; Fax: +44 20 7338 7472, Email: procurement@ebrd.com
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General
enquiries:
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EBRD project enquiries not related to procurement:
Tel: +44 20 7338 7168; Fax: +44 20 7338 7380
Email: projectenquiries@ebrd.com
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