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The Government Council approved the tenth amendment to the concession contract with Horários do Funchal, updating the financial compensation for public service obligations.
The Regional Government of Madeira has authorized the tenth amendment to the public transport concession contract for Funchal, signed with the company Horários do Funchal. The decision was made by the Government Council in plenary session on July 9, 2026, through Regional Government Council Resolution No. 665/2026.
This amendment's main objective is to update the total estimated cost and the phasing of the financial compensation due to the concessionaire for the public service obligations it assumes. The original contract was signed on October 2, 2018.
According to the resolution, the following maximum compensation amounts are established:
The expenditure for 2026 is secured in the budget of the Institute of Mobility and Transport, IP-RAM. For subsequent years (2027 onwards), the funds will be included in future regional budget proposals.
The Regional Secretaries of Finance and of Equipment and Infrastructure were mandated to sign the amendment on behalf of the Autonomous Region of Madeira.
Ordinance No. 413/2026 redistributes budget funds for co-financing investment expenses in the rehabilitation of the Estreito de Câmara de Lobos Civic Center, for a maximum total amount of 966,414.90 euros.
The Autonomous Region of Madeira and Calheta Municipal Council have amended the programme contract to fund the landscape rehabilitation of houses in Paúl do Mar, with a regional investment of 854,959.62 euros.
The Regional Finance Secretariat and the Regional Equipment and Infrastructure Secretariat have published three ordinances authorizing the distribution of funds for rehabilitation and development projects.