New Public Works Tenders Down by 21% in 2021

The total number of public works tenders in Portugal reached 3.825 billion euros last year.

According to a report today, the Public Works Barometer, by AICCOPN (Association of Civil Construction and Public Works Industries), public works tenders executed throughout the year 2021 totalled 3.825 billion euros. The figure represents a drop of 21% compared to the previous year.

AICCOPN explained that this reduction is primarily because there was a significant number of public works tenders worth €80 million or more in 2020, related to planned investments in the railway and metro network, which totalled €1.126 billion that year.

Contracts concluded and reported in the Base Portal under public tenders in 2021 amounted to €2.713 billion, an 8% decrease y-o-y. Throughout 2021, public works contracts concluded as a result of Direct Adjustments and Prior Consultations totalled 584 million euros, up 2% year-on-year.

Read the full article in Portuguese