Development of a new methodology for valuation of the assets of Sofiyska Voda AD and improvement of their management (2017)

As a subcontractor of Aquapartner EOOD and partners David Holding AD with Diane Systems OOD, Infraproject Consult Ltd participates in the development of the financial and economic part of a new methodology for assessment of the physical condition of the assets of Sofiyska Voda AD.

Three new methodologies have been developed within the contract:

  • Methodology for assessment of above-ground facilities and buildings;
  • Methodology for assessment of the sewerage network;
  • Methodology for assessment of the water supply network.

The methodologies treat the process of collecting, structuring, analysing and evaluating the information for each of the assets, part of the above-ground facilities and buildings, the sewerage network or the water supply network, as well as the process of calculating the individual assessment of the physical condition of the assets and the overall condition of the facility/ the network based on the assessments of the elements entering the system each year of the life cycle.

For each of the methodologies Infraproject Consult EOOD has developed financial and economic criteria for assessing the condition of the assets and assessing the necessity of future investments. Together with the technical criteria and the risk assessment, they provide an opportunity for management decisions for rehabilitation, reconstruction and decommission of assets.

Client: Sofiyska Voda AD