Water regulation reform in Bulgaria

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Client The World Bank
Dates 2014
Service(s)Policy & Economics, Regulation & Competition, Strategy & Finance
CEPA supported the World Bank in advising the regulator in Bulgaria on a pricing methodology review during the ongoing reform of the water sector. As part of the water sector reform, CEPA considered changes to the current regulatory regime, which would help companies and the industry as a whole deliver sufficient investment and sustainability in the sector, create incentives for private, public and municipal operators, and accommodate the change of ownership of water and sanitation assets. The analysis also took into account various ownership structures and EU grant-funding requirements.

CEPA’s work included discussions with all stakeholders (companies, the regulator, Ministry of Regional Development, Ministry of Environment, and Operational Programme Environment's Managing Authority) that will make the new regulatory regime more transparent and stable, following a strategy report by the World Bank on the need for capacity building in the regulation of this sector in Bulgaria.