The Government approved updated acquisition prices for two housing developments, totaling 8.4 million euros, following a contractual review stipulated in public offer OPCC 1/2024.
The Resolution of the Regional Government Council No. 766/2026 has been approved, which updates the acquisition values for housing units under the public acquisition offer OPCC 1/2024, managed by IHM - Investimentos Habitacionais da Madeira, EPERAM.
The price revision was triggered by an increase exceeding 5% in construction costs (raw materials and labor), a clause foreseen in the public offer announcement for cases of force majeure. This update also follows the withdrawal of a promoter from one of the initially planned developments.
The values for two developments whose construction is completed or ready for final deed were updated:
IHM, EPERAM is authorized to proceed with the necessary steps for the execution of the respective purchase and sale deeds. The expense will be covered by funds from the PRR (Recovery and Resilience Plan) and the regional budget.
The Board of Administration of the Madeira Regional Legislative Assembly approved a budget amendment of 163,000.00 euros to its own budget, to adjust the allocation of various expenses.
The Regional Government has authorised a public auction to lease a commercial space for a cafe at the Pico dos Barcelos Viewpoint in Funchal.
Three dispatches appointing or designating division heads on a three-year service commission were published for the Conservatory - School of Arts of Madeira, the Regional Civil Protection Service and IASAÚDE.