Public Works Barometer - May 2023

29 五月 2023

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The number of contracts signed for public works contracts increased by 55%

Source: Pexels

Author: Redaction

In a communiqué sent to SUPERCASA Notícias, AICCOPN states that in May 2023 the Public Works market maintains a favourable evolution in the first 4 months of this year. Below you can find information regarding tenders promoted and contracts signed.

Promoted Tenders

By the end of April, the total amount of public works tenders promoted was 1.71 billion Euros, a significant increase of 44% compared to the same period of the previous year.

Contracts Entered

The number of works contracts, and reported in the Base Portal, signed up to the end of April (awarded as part of public tenders) was 625 million euros, which represents a 50% year-on-year change in a comparable period.

Regarding contracts concluded as a result of Direct Adjustments and Prior Consultations, they stood at 190 million Euros, 52% more than that registered in the same period last year.

Overall, the total number of contracts signed in the first 4 months of the year reached 886 million Euros, 55% more than the amount recorded in the previous year.