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On 17 July 2023, Veolia France SA won the 12-year, €650 million (US$730 million) concession contract from Perpignan Méditerranée Métropole in France against its main competitors, SUEZ and Saur.
In this Research Note:
- Low tariffs and increased CAPEX were key to securing PMM contract
- The municipal demand for results, accountability, and control over concessions could lead to an increase in performance-based contracts