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The road between Rovinari and Petrosani will be rehabilitated

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COMPANIA NATIONALĂ DE ADMINISTRARE A INFRASTRUCTURII RUTIERE S.A., as the Beneficiary, and the Ministry of Transport, Infrastructure, and Communications, as the Intermediate Body for Transport, have signed Additional Act No. 5 to Financing Contract No. 90/21.07.2017 for the project:

"Rehabilitation of DN66, Rovinari-Petrosani, km 48+900 - km 126+000 (Phase II) - PHASE II."

By signing Additional Act No. 5, one of the important clauses is modified:

General Conditions:

Art. 3 - Contract value, paragraph (1) will be modified and will have the following content:

  • The total value of the Financing Contract is 133,977,772.27 lei;
  • The eligible non-reimbursable value from the European Regional Development Fund is 87,266,829.16 lei, equivalent to 85% of the total eligible value.
  • The eligible co-financing value of the Beneficiary is 15,400,028.65 lei, equivalent to 15% of the total eligible value.

The difference from the total project value represents ineligible expenses, including VAT.

The project is co-financed by the European Union from the European Regional Development Fund through the Large Infrastructure Operational Program 2014-2020.

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