Water in Bucharest : A Utility’s Efficiency Gains under a Concession
In March 2000 Bucharest entered into a concession contract for its water utility with the aim of turning around the utility's faltering performance. Under the private operator the utility has raised service quality above Romanian standards and...
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Washington, DC
2012
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| Online Access: | http://documents.worldbank.org/curated/en/2011/02/15476286/water-bucharest-utilitys-efficiency-gains-under-concession http://hdl.handle.net/10986/11066 |
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okr-10986-110662021-04-23T14:02:53Z Water in Bucharest : A Utility’s Efficiency Gains under a Concession World Bank CAPITAL EXPENDITURE CASH FLOW COLLECTION EFFICIENCY COMPETITIVE BIDDING COMPETITIVE BIDDING PROCESS CONCESSION CONCESSION CONTRACT CONCESSION CONTRACTS CONNECTION CONNECTION RATE CONNECTIONS COST OF SERVICE CUBIC METER CUBIC METERS CUSTOMER SATISFACTION ENERGY EFFICIENCY INFRASTRUCTURE PROJECTS INFRASTRUCTURE SERVICES INTERNATIONAL FINANCE INTERNATIONAL WATER OPERATOR LEAKAGE LOW TARIFFS METERING MUNICIPAL UTILITIES MUNICIPAL UTILITY MUNICIPAL WATER MUNICIPALITIES PIPE BREAKS PIPE REPLACEMENT PRESENT VALUE PUBLIC MANAGEMENT QUALITY WATER RESPONSIBILITY FOR WATER SANITATION SANITATION UTILITIES SERVICE IMPROVEMENTS SERVICE PROVISION SERVICE QUALITY SEWERAGE TARIFF LEVEL UTILITIES WASTEWATER WASTEWATER SERVICES WASTEWATER TARIFF WATER CONSUMPTION WATER COVERAGE WATER QUALITY WATER SERVICE WATER SUPPLY WATER UTILITY In March 2000 Bucharest entered into a concession contract for its water utility with the aim of turning around the utility's faltering performance. Under the private operator the utility has raised service quality above Romanian standards and toward Western European levels. By 2008 efficiency gains had produced cost savings totaling US$349 million. The concessionaire has financed US$259 million in investment, without public subsidy, while keeping tariffs well below the Romanian average. Not all water concessions have been as successful. What accounts for the gains under this one? The concession of Bucharest's water utility has brought its citizens higher-quality water services, at a lower cost, than they could have had under continued municipal provision. The credit for this goes to the leadership of the municipality and the municipal utility in the late 1990s, which saw that private finance and management were needed to reverse the cycle of poor performance. 2012-08-13T14:02:33Z 2012-08-13T14:02:33Z 2011-02 http://documents.worldbank.org/curated/en/2011/02/15476286/water-bucharest-utilitys-efficiency-gains-under-concession http://hdl.handle.net/10986/11066 English View Point; No. 326 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank Washington, DC Publications & Research :: Viewpoint Publications & Research |
| repository_type |
Digital Repository |
| institution_category |
Foreign Institution |
| institution |
Digital Repositories |
| building |
World Bank Open Knowledge Repository |
| collection |
World Bank |
| language |
English |
| topic |
CAPITAL EXPENDITURE CASH FLOW COLLECTION EFFICIENCY COMPETITIVE BIDDING COMPETITIVE BIDDING PROCESS CONCESSION CONCESSION CONTRACT CONCESSION CONTRACTS CONNECTION CONNECTION RATE CONNECTIONS COST OF SERVICE CUBIC METER CUBIC METERS CUSTOMER SATISFACTION ENERGY EFFICIENCY INFRASTRUCTURE PROJECTS INFRASTRUCTURE SERVICES INTERNATIONAL FINANCE INTERNATIONAL WATER OPERATOR LEAKAGE LOW TARIFFS METERING MUNICIPAL UTILITIES MUNICIPAL UTILITY MUNICIPAL WATER MUNICIPALITIES PIPE BREAKS PIPE REPLACEMENT PRESENT VALUE PUBLIC MANAGEMENT QUALITY WATER RESPONSIBILITY FOR WATER SANITATION SANITATION UTILITIES SERVICE IMPROVEMENTS SERVICE PROVISION SERVICE QUALITY SEWERAGE TARIFF LEVEL UTILITIES WASTEWATER WASTEWATER SERVICES WASTEWATER TARIFF WATER CONSUMPTION WATER COVERAGE WATER QUALITY WATER SERVICE WATER SUPPLY WATER UTILITY |
| spellingShingle |
CAPITAL EXPENDITURE CASH FLOW COLLECTION EFFICIENCY COMPETITIVE BIDDING COMPETITIVE BIDDING PROCESS CONCESSION CONCESSION CONTRACT CONCESSION CONTRACTS CONNECTION CONNECTION RATE CONNECTIONS COST OF SERVICE CUBIC METER CUBIC METERS CUSTOMER SATISFACTION ENERGY EFFICIENCY INFRASTRUCTURE PROJECTS INFRASTRUCTURE SERVICES INTERNATIONAL FINANCE INTERNATIONAL WATER OPERATOR LEAKAGE LOW TARIFFS METERING MUNICIPAL UTILITIES MUNICIPAL UTILITY MUNICIPAL WATER MUNICIPALITIES PIPE BREAKS PIPE REPLACEMENT PRESENT VALUE PUBLIC MANAGEMENT QUALITY WATER RESPONSIBILITY FOR WATER SANITATION SANITATION UTILITIES SERVICE IMPROVEMENTS SERVICE PROVISION SERVICE QUALITY SEWERAGE TARIFF LEVEL UTILITIES WASTEWATER WASTEWATER SERVICES WASTEWATER TARIFF WATER CONSUMPTION WATER COVERAGE WATER QUALITY WATER SERVICE WATER SUPPLY WATER UTILITY World Bank Water in Bucharest : A Utility’s Efficiency Gains under a Concession |
| relation |
View Point; No. 326 |
| description |
In March 2000 Bucharest entered into a
concession contract for its water utility with the aim of
turning around the utility's faltering performance.
Under the private operator the utility has raised service
quality above Romanian standards and toward Western European
levels. By 2008 efficiency gains had produced cost savings
totaling US$349 million. The concessionaire has financed
US$259 million in investment, without public subsidy, while
keeping tariffs well below the Romanian average. Not all
water concessions have been as successful. What accounts for
the gains under this one? The concession of Bucharest's
water utility has brought its citizens higher-quality water
services, at a lower cost, than they could have had under
continued municipal provision. The credit for this goes to
the leadership of the municipality and the municipal utility
in the late 1990s, which saw that private finance and
management were needed to reverse the cycle of poor performance. |
| format |
Publications & Research :: Viewpoint |
| author |
World Bank |
| author_facet |
World Bank |
| author_sort |
World Bank |
| title |
Water in Bucharest : A Utility’s Efficiency Gains under a Concession |
| title_short |
Water in Bucharest : A Utility’s Efficiency Gains under a Concession |
| title_full |
Water in Bucharest : A Utility’s Efficiency Gains under a Concession |
| title_fullStr |
Water in Bucharest : A Utility’s Efficiency Gains under a Concession |
| title_full_unstemmed |
Water in Bucharest : A Utility’s Efficiency Gains under a Concession |
| title_sort |
water in bucharest : a utility’s efficiency gains under a concession |
| publisher |
Washington, DC |
| publishDate |
2012 |
| url |
http://documents.worldbank.org/curated/en/2011/02/15476286/water-bucharest-utilitys-efficiency-gains-under-concession http://hdl.handle.net/10986/11066 |
| _version_ |
1764415397357944832 |