Public Works Tenders in Portugal Total €3.323 Billion YTD

According to AICCOPN’s (Association of Civil Construction and Public Works Industries) Public Works Barometer, public works tenders for the year to the end of October totalled 3.323 billion euros. That figure corresponds to a 15% drop y-o-y, down by 842 million euros compared to the same period in 2020.

Contracts concluded and reported on the Base Portal under public tenders during the same period totalled 2.263 billion euros, 18% higher than last year.

In the first ten months of 2021, public works contracts concluded as a result of Direct Adjustments and Prior Consultations summed 504 million euros, up 15% year-on-year.

Year to date, the total number of public works contracts signed and registered in the Base Portal stood at 3.042 billion euros, a year-on-year increase of 15%, having also fallen compared to the 22% and 33% reported in the previous two months.