The Montauban municipality has awarded Veolia Water a nine-year public service concession (affermage) contract for water production and distribution. The contract is worth estimated cumulative revenue of 46 million euros.
The goal of the Montauban municipality is to improve the quality of its public water service, so performance targets, such as leak reduction, have been included in the contract.
Emphasis is also being given to technology and information with Veolia Water planning to implement remote meter reading, which will enable it to warn customers in real time of abnormal changes to their consumption.
Montauban has also set a target for the operator to reduce the price of water by 5%.
Veolia Water has made commitments to integrate the staff of the municipal water company and improve social improvements.
Jean-Michel Herrewyn
Chief Executive Officer of Veolia Water
« Montauban has made the decision to place its water service in the hands of the private sector and has awarded Veolia Water the management of 20,000 customers, and the operation of two plants and an 800 km supply network. This success demonstrates our capacity to combine expertise in operation, technologies and supply networks to provide solutions to the expectations of local public authorities. »