8 September 2025, Bolivia
Bolivia Petróleo y Gas Consultores y Servicios SRL (BOLPEGAS SRL) has been awarded a BOB 53,054,106.09 construction contract by the Bolivian government as part of the World Bank-funded Bolivia Urban Resilience Project (P165861), marking a significant step towards enhancing climate resilience and urban sustainability. The agreement, which was signed on September 8, 2025, covers the building of the Ecological Metropolitan Resilient Linear Park along the Rio Piraí. This historic project aims to combine sustainable urban planning with environmental restoration.
Overview of the Contract
The Parque Lineal Ecológico Metropolitano Resilente Rio Piraí is the subject of the awarded contract, which is referenced UODPRU-CW-RFB-002. This massive green infrastructure project is a component of Bolivia's larger urban resilience plan, which aims to improve public areas, reduce the risk of flooding, and improve the quality of the environment in the metropolitan area.
As part of the World Bank's ongoing support for sustainable urban development in Bolivia, the project, which has a total contract value of BOB 53 million (roughly USD 7.7 million), is funded through the International Development Association (IDA) under credit IDA-65170.
Funding and Procuring Authority
The World Bank (WORLDBANK) is supporting the project, which is being carried out under the Bolivia Urban Resilience Programme under the direction of the national government in collaboration with local municipalities. The programme focusses on climate adaptation, modernising urban infrastructure, and sustainable land use in metropolitan areas that are at risk.
Contractor of the Year: BOLPEGAS SRL
After a competitive bidding process, the contract was won by Bolivian company BOLIVIA Petróleo y Gas Consultores y Servicios SRL (BOLPEGAS SRL), which specialises in environmental management, infrastructure development, and civil engineering. The company was positioned as a strong local partner for the eco-park initiative because of its experience with hydrological works and environmental restoration projects.
Project Importance
The goal of the Ecological Metropolitan Resilient Linear Park Rio Piraí is to make a climate-adaptive urban infrastructure model out of an environmentally sensitive area. Residents will benefit socially and environmentally from the park's integration of flood-control systems, green corridors, and recreational areas.
In addition to its ecological significance, the project is anticipated to boost local employment, increase urban resilience to extreme weather, and encourage eco-friendly travel and leisure. Additionally, it shows Bolivia's increasing dedication to climate-smart urban planning, which is backed by foreign development partners.
In summary:
In Bolivia's journey towards sustainable urban transformation, the awarding of this contract to BOLPEGAS SRL represents a critical turning point. According to the World Bank's global resilience framework, the Rio Piraí Ecological Linear Park will be a testament to innovation and resiliency when it is finished, fusing inclusive urban development with environmental stewardship.
Tags:
#Bolivia, #BoliviaTenders #WorldBank, #ContractAwards #UrbanResilience, #InfrastructureDevelopment, #BOLPEGAS-SRL, #EnvironmentalProjects, #RioPiraí, #SustainableCities, #PublicProcurement, #ClimateAdaptation, #GovernmentContracts, #GreenInfrastructure
