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The project to redesign the Cortado Junction has a total budget of 1,266,500.00 euros, distributed over the 2026 and 2027 fiscal years.
The Regional Government of Madeira has authorized, through Ordinance no. 230/2026, the distribution of the budgetary charges necessary for the execution of the project titled Redesign of the Cortado Junction. The total investment amounts to 1,266,500.00 euros, plus VAT at the current legal rate.
The payment plan for this road infrastructure is scheduled as follows:
The ordinance also establishes that the amount set for each year may be increased by the balance from the previous year, ensuring the continuity of the tender procedure and the works.
The Regional Government approved the first objective modification to the Fast Road operation and maintenance contract, adjusting transition phase deadlines to avoid public service interruptions.
The Autonomous Region of Madeira and the Municipality of São Vicente have amended the programme contract for the recovery of infrastructure damaged by the 2020 storm, extending its validity and adjusting the funding.
The Regional Government Council approved a change to the public tender program for the acquisition of controlled-cost housing units in Santa Cruz and extended the deadline for submitting proposals.