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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 has authorised the acquisition of three plots of land for the Funchal Western Exit Expressway and forest replanting on Porto Santo. The amounts set total 63,160.31 euros.
A regional ordinance has once again rescheduled the €95,000 in costs associated with specialist design projects for improvements to Dr. Ângelo Augusto da Silva Basic and Secondary School. Payments are scheduled through 2029, plus VAT at the applicable rate.
An order revises the multiannual allocation of costs under the programme contract with Sociedade Metropolitana de Desenvolvimento, S.A., for the rehabilitation of the Praia Formosa - Socorridos Seafront Promenade. The maximum amount remains €7,828,876.35, allocated between 2023 and 2029.