How To Guides
- Childbirth & Education
- Legal Formalities
- Pensions & Benefits
- Property & Accommodation
Did you know...?
- Airports and Airlines Spain
- Paramount Theme Park Murcia Spain
- Corvera International Airport Murcia Spain
- USD weekly currency update- 22 July 2016
- When Expat Eyes Are Smiling
- Meet Wincham at The Homes, Gardens & Lifestyle Show, Calpe
- QROPS 2014
- Spain Increases IHT in Valencia & Murcia
- Removals to Spain v Exports from Spain
- The Charm of Seville
- Gibraltar Relations
- Retiro Park : Madrid
- Wincham announce opening of Marbella office
- Community Insurance in Spain
- Calendar Girls
- Considerations when Insuring your Boat in Spain
- QROPS – HMRC Introduces changes that create havoc in the market place
- QROPS – All Change From April 2012
Gov't eager to demonstrate cost savings at Castellon Airport
Whilst technically not being a state owned facility, the majority shareholder in Castellon Airport is the Generalitat Valenciana, and as such has come under increasing pressure to reduce costs and overheads - especially given that the airport is not yet operational and therefore generating any revenue.
These 'cost savings' have been made through the renegotiation of a number of contracts awarded by the concession holder of the airport, Aerocas.
Despite refusing to disclose the full extent of debts and costs incurred by the airport last week, the Generalitat is keen to demonstrate that austerity is being applied.
Such contracts include the security of the perimeter of the airfield, the provision of falconry to keep birds and other pests away from the site, and the maintenance of lifts and elevators.
In the case of airport security, Aerocas has managed to renegotiate the contract, originally placed at 1.1 million euros per year, making a 300'000 Euro saving - or 27%.
A similar percentage has also been saved on the Falconry contract, which has recently been renegotaited to 75'000 euros per year.
Aerocas have also reported that the contract for the maintenance of the 9 elevators on site has been revised downwards from 2'000 Euros per month to 700 euros.
Tumbit wonders why - when cost savings of 27% have been applied so easily - nobody at the Generalitat questioned whether these contracts were excessively priced originally. Perhaps a 'brown envelope' or two had to be factored into the original contract costings ?
Latest News & Stories
- Tensions Heat Up Between NATO Allies as Spain and UK Spat Over Gibraltar
- Spain poised to grow 2.9 percent in 2016
- Vodafone Spain service revenues up for 1st time since 2008
- Manifesto calls on politicians to avoid third election
- Spain’s Audit Office says €300 million a year being paid to deceased pensioners
- New flights announced Birmingham - Spain
- Spain to Ask EU for Two Additional Years to Reduce Budget Deficit
- Spain demands explanation over British nuclear submarine collision off Gibraltar
- Spain’s King Felipe gives Rajoy 1 week to form government
- What does Brexit mean for Expats in/from the UK and the EU ?
- Applying for an EHIC Card as a Spanish Resident
- Can I claim compensation if my flight to Spain is cancelled or delayed ?
- Car Rental in Spain