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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.
The Regional Government has split the costs of the first phase of improvements to the Emergency Department at Dr. Nélio Mendonça Hospital between 2026 and 2027. The total investment is €1,279,000, plus VAT.
The Region will contribute to investment costs incurred by SMD - Sociedade Metropolitana de Desenvolvimento, S.A., for the project to revitalise the Machico Forum’s infrastructure and facilities. The maximum grant of €1,422,693 will be allocated between 2026 and 2028.
An order revises the annual allocation of costs for the three lots in the procedure for preliminary studies and environmental impact assessments of new road links. The total remains €3.317 million, plus VAT.