EUR 14.4 million in public resources available under the Environment Programme 2021–2027
The Fund of Funds (FoF) has launched a public procurement procedure, under the Public Procurement Act, to select a financial intermediary for implementing the “Waste Management” financial instrument. The instrument is financed with EUR 14.4 million under the Environment Programme 2021–2027 (EP), co‑financed by the European Union through the European Regional Development Fund.
The instrument is structured as risk-sharing financing, allowing programme funds to , cover up to 80% at loan level (up to a maximum of EUR 4.35 million), with the selected intermediary required to provide at least 20% co‑financing. Support will take the form of investment loans and complementary working capital loans linked to the investment, as well as financial leasing.
The maximum repayment period is up to 20 years for investment loans and up to 5 years for working capital financing, including the option of a grace period of up to 3 years.
The instrument will support financially viable projects aimed at: developing, expanding and/or upgrading of municipal and regional systems for separate collection and recycling of biodegradable waste;
increasing the capacity for recycling waste , including municipal, industrial and construction waste;
other eligible activities aligned with the objectives of the Environment Programme 2021–2027.
Eligible final recipients include municipalities and their enterprises, as well as companies engaged in the recycling non-hazardous waste, in compliance with the applicable regulatory framework.
Eligible applicants in the selection procedure are credit and/or financial institutions as defined in the Credit Institutions Act and operating on the territory of the Republic of Bulgaria.
The deadline for submitting applications is 19 March 2026. The public procurement notice was published on 12 January 2026, and the full tender documentation is available in the CAIS EOP system, under the buyer’s profile, at the following link: https://app.eop.bg/today/541647
The procedure is carried out within the 2021–2027 programming period and contributes to the Fund of Funds` objectives of promoting sustainable investments, improving waste management and supporting the transition towards more efficient resource use in Bulgaria.
