State-owned water utility Vodosnabdiavane i Kanalizatsia, servicing the city of Smolyan, said on Thursday that it has launched a tender for a revamp of the city's water supply and sewerage system, worth an estimated 46.6 million levs, VAT excluded. The project will benefit from EU financing under Operational Programme Environment 2014-2020, the water utility said in a tender notice. The tender is divided into two lots, envisaging repairs of different parts of the water supply and sewerage system. The deadline for submitting bids is April 3. Offers will be ranked based on price, which carries 35% weight in the final mark, and an evaluation of the offered concept for carrying out works.