Technical Assistance to Podgorica Water and Sewer Company

Country: Montenegro

The aim of the technical assistance project is to help Podgorica Water and Sewer Company and its owner, the Capital City of Podgorica, in their effort to upgrade and expand the water and waste water services and of operation efficiency improvement, possibly with PSP and commercial sources of finance.

• Assessment and analysis of the regulatory, legal and financial market framework, including review of sources of finance likely to be available.
• Assessment and analysis of the local economic base and demographic demands, including demand forecast scenarios for water supply and sewerage services, analysis of tariff system and social affordability.
• Assessment and analysis of the operational and financial performance of the utility, including budgeting, planning and accounting procedures, financial projections for improvement scenarios, financing plans of capital expenditures and relationship between utility and municipal finances.
• Assessment and analysis of the management and governance structure, including accountability of utility towards customers and owner, tariff setting standards, options for improving any management and governance weaknesses.
• Development of upgrading options and capacity development needs, covering an improvement strategy for physical improvements, costing of capital works, financing and cost recovery, reforms to management and governance, capacity building and training.