Corsan working on new Cachoeira do Sul contract

Thursday, September 15, 2011

Brazil's Rio Grande do Sul water utility Corsan is working on signing a new contract with the city of Cachoeira do Sul to provide better potable water supply and sewerage services, the utility said in a release.

"We are working together with the city hall to establish a new service model which contemplates more than 160mn reais [US$93.8mn] in sanitation investments," said company president Arnaldo Dutra.

Regarding reports that a local court decision found the utility's 2004 concession contract to be illegal, Corsan has yet to be officially notified of the matter, according to the release.

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The company intends to sign a new contract that complies with all the regulations of Brazil's national sanitation law. The plan is supported by mayor Sérgio Ghignatti, Dutra said.