The company Servicios Eléctricos will be responsible for the systematic service, modernization and management of the collection from toll booths in San Pedro Sula.
The company will have to provide a monthly minimum of 9 million lempiras ($453,000) to the municipal coffers. Of the proceeds over this figure, 27.5% will be for the company and 72.5% for the Municipality.
Authorities in the Honduran business city are promoting the project which must be executed by an entity which can operate under the public-private partnership model.
"The specifications have already been developed and will be forwarded to the Commission on Public Private Partnership, along with the relevant contract, as it will require the approval of this entity in order to continue with the procedure. The Municipal Corporation (San Pedro Sula) must see the specifications, approve them and also declare the project of public interest," reported LaPrensa.hn.
The municipality of San Pedro Sula announced the tender of a regulated parking system.
Mayor Juan Carlos Zuniga stated that the new system seeks to restore order in city roads.
Within the reorganization plan the mayor also referred to necessary infrastructure, stating that some of the projects will get done this year and some others before 2013, considering the high amount of resources needed.
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