Regional funding for the rehabilitation of the Praia Formosa Seafront remains capped at €4,828,876.35, but the costs have been rescheduled through 2029. The change follows the lack of valid bids for the second phase of the works and a revision of the project.
The Regional Government authorised the third amendment to the programme contract with SMD - Sociedade Metropolitana de Desenvolvimento, S.A., concerning PIDDAR project 52430 - Rehabilitation of the Praia Formosa - Socorridos Seafront. The maximum total funding remains €4,828,876.35, but the financial schedule has been revised and the contract extended until 31 December 2029.
The decision is justified by the absence of valid bids for the “Second Phase of the Works for the Rehabilitation and Immediate Reinforcement of the Praia Formosa - Socorridos Seafront” and the need to revise the execution project, whose costs have changed significantly.
The schedule approved in Regional Government Council Resolution No. 972/2026 is as follows:
The third amendment takes effect once approved by the Court of Auditors. The funds for 2027 to 2029 will be included in the budgets of the Regional Secretariat for Equipment and Infrastructure for the respective years.
The Region will fund the revitalization of the Machico Forum’s infrastructure and equipment, with a maximum contribution of €1,422,693. The funding will be allocated across 2026, 2027 and 2028 through a programme contract with SMD.
The Regional Government has authorised additional construction supervision and monitoring services for Madeira Central Hospital, at an extra cost of up to €29,620. The service period increases from 105 to 107 months, and the contract’s maximum term rises from 228 to 230 months.
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.