Courses of action
Ways in which the Company takes action.
The following ways of taking action are established as part of the Management Agreement:
- Building and/or operating Actions with partial or total recovery of investment through investment from public or private beneficiaries or users.
- Building Actions without recovery of investment for delivery to the Ministry.
Aguas de las Cuencas Mediterráneas may finance investment in Actions using resources from the following sources: own funds, European Union funds, contributions from public institutions, users, beneficiaries or other subjects with an interest in the Actions, through borrowing transactions or through the creation of semi-private companies.
The company performs the actions hiring third parties in accordance with the rules set out in the revised text of the Spanish Law on Procurement in the Public Sector with reference to the capacity of business owners, advertising, tender procedures and ways in which contracts may be awarded. The company directly operates the recovery actions through contracts with third parties or working with user communities and bodies whose area or activity is directly related to the civil engineering works to be operated or with the operation itself.