Key data
| Regulation | Resolution of 1 July 2026, from the General Directorate of Urban Agenda and Architecture — Amendment to modify the Agreement with the Valencian Community for the PIREP Programme |
|---|---|
| Publication | 11 July 2026 |
| Entry into force | 11 July 2026 |
| Affected parties | Valencian administration, public building managers, construction and rehabilitation companies |
| Category | Grants and Subsidies |
| Total allocation | €480 million (Next Generation EU funds) |
| EU regulatory framework | EU Regulation 2021/241 — Recovery and Resilience Mechanism |
| Original agreement | State-Valencian Community Agreement of 2021 |
Construction and rehabilitation companies in the Valencian Community have before them an opportunity of €480 million in public procurement linked to the Programme to Boost the Rehabilitation of Public Buildings (PIREP). The Resolution of 1 July 2026, published in the BOE on 11 July, modifies the original agreement signed in 2021 between the Ministry of Housing and the Valencian Community, updating the operational conditions to ensure compliance with the milestones required by the European Commission.
This amendment is not a minor formality: it directly affects execution deadlines, the technical criteria that interventions must meet, and the financial control obligations assumed by the Valencian Regional Government. Any company aspiring to contracts within this framework must know what has changed.
What does this regulation establish?
The amendment modifies the original 2021 agreement in the following specific aspects:
| Aspect | Previous situation (2021 agreement) | Situation after the 2026 amendment |
|---|---|---|
| Execution conditions | Those established in the original 2021 agreement | Updated to align with the milestones required by the European Commission |
| Execution deadlines | Original deadlines of the 2021 agreement | Reviewed and updated through the amendment |
| Monitoring commitments | Initial commitments of the agreement | Strengthened to ensure compliance with European milestones |
| Accounting traceability | General framework of the original agreement | Specific obligations in accordance with EU Regulation 2021/241 |
| Periodic reporting | Original conditions | Mandatory periodic reporting in accordance with the Recovery and Resilience Mechanism |
Financed interventions must respond to three key criteria:
- Comprehensive rehabilitation: not partial interventions, but full-scope actions on public buildings.
- Sustainability: aligned with the climate objectives of the PNIEC (Integrated National Energy and Climate Plan) and the ERESEE (Long-term Strategy for Energy Rehabilitation in the Building Sector in Spain).
- New European Bauhaus: interventions must incorporate the aesthetic, social and sustainability principles of this European programme.
The strategic objective of the programme is to accelerate energy rehabilitation of the Valencian public institutional building stock, directly contributing to Spain's climate commitments to the European Union.
Economic and operational impact
The €480 million from PIREP for the Valencian Community represents one of the largest public procurement pools for building rehabilitation in the region in recent years. This amount comes entirely from Next Generation EU funds, which implies stricter execution conditions than those usual in ordinary public contracts.
The most relevant operational implications for companies are:
- Enhanced accounting traceability: the Valencian Community assumes traceability obligations in accordance with EU Regulation 2021/241, which translates into more demanding documentary requirements for contractors.
- Periodic reporting: awarded companies will have to provide monitoring information to the administration so that it can fulfil its reporting obligations to the European Commission.
- Extended technical criteria: projects must demonstrate compliance with PNIEC, ERESEE and New European Bauhaus principles, which may require additional technical documentation in procurement processes.
- Updated deadlines: the amendment reviews execution deadlines, so ongoing or upcoming contracts must verify the new schedules.
Who does it affect?
- Valencian administration: as direct beneficiary of the funds and responsible for compliance with milestones before the European Commission. It assumes accounting traceability and periodic reporting obligations.
- Public building managers: responsible for identifying, prioritising and processing rehabilitation actions in the Valencian public institutional building stock.
- Construction and rehabilitation companies: awarded contracts financed with these funds. They must comply with the technical criteria of comprehensive rehabilitation, sustainability and New European Bauhaus, as well as documentary traceability requirements.
- Architecture firms and technical consultancies: participating in the design and management of interventions, having to demonstrate compliance with PNIEC, ERESEE and New European Bauhaus criteria.
Practical example
A Valencian construction company aspiring to a contract for rehabilitation of a Generalitat building financed with PIREP funds will have to, in addition to meeting the usual requirements of technical and economic solvency, demonstrate in its bid that the proposed intervention meets the criteria of comprehensive rehabilitation, incorporates energy efficiency measures aligned with PNIEC and ERESEE, and applies the principles of the New European Bauhaus.
Once the contract is awarded, the company must maintain specific accounting traceability documentation in accordance with EU Regulation 2021/241, providing the Valencian administration with the monitoring data necessary for periodic reporting to the European Commission. Failure to meet these requirements may result in the loss of European financing associated with the contract, with the consequent impact on the collection of work certificates.
What should companies do now?
- Review the new execution deadlines: the amendment updates the deadlines of the original 2021 agreement. If your company has ongoing contracts or in the procurement phase linked to PIREP, verify that the work schedules are compatible with the new deadlines.
- Adapt technical documentation: ensure that your projects and bids demonstrate compliance with the criteria of comprehensive rehabilitation, PNIEC, ERESEE and New European Bauhaus. These are admission requirements, not evaluation criteria.
- Implement accounting traceability systems: PIREP contracts require traceability in accordance with EU Regulation 2021/241. Prepare your document and accounting management systems to separate and demonstrate expenses charged to these funds.
- Identify active procurement: with €480 million available, the Valencian Community will publish contracts in the contractor profile. Activate alerts on the Public Sector Procurement Platform to not miss calls.
- Consult the complete regulation: the amendment modifies specific conditions of the 2021 agreement. Review the full text in the BOE (BOE-A-2026-15192) to know all changes applicable to your specific situation.
Frequently asked questions
How much money is available in PIREP for the Valencian Community?
The Programme to Boost the Rehabilitation of Public Buildings (PIREP) is endowed with €480 million in Next Generation EU funds for the Valencian Community. This amount was established in the original 2021 agreement and the July 2026 amendment does not modify the total allocation, but rather the execution conditions, deadlines and monitoring obligations.
What technical requirements must interventions financed with PIREP meet?
Interventions must respond to three criteria: comprehensive rehabilitation (not partial interventions), sustainability aligned with the objectives of PNIEC and ERESEE, and compliance with the principles of the New European Bauhaus. These criteria are required both in project design and in the execution of works.
What traceability obligations do companies awarded PIREP contracts have?
The Valencian Community assumes, in accordance with EU Regulation 2021/241 of the Recovery and Resilience Mechanism, accounting traceability and periodic reporting obligations to the European Commission. These obligations are transferred to contractors, who must maintain separate documentation of expenses charged to PIREP funds and provide monitoring data to the administration.
When does the amendment that modifies the PIREP agreement with Valencia come into force?
The amendment was published in the BOE on 11 July 2026 and came into force that same day. It modifies the original agreement signed in 2021 between the Ministry of Housing and the Valencian Community.
What happens if a company does not comply with PIREP traceability requirements?
Non-compliance with accounting traceability and periodic reporting obligations established in EU Regulation 2021/241 may compromise validation of milestones by the European Commission, which may result in loss of associated European financing. For contracting companies, this may translate into problems in collecting work certificates linked to these funds.
Official source
Consult complete regulation in official source
Notice: This article is for informational purposes only and does not constitute legal advice. For specific decisions, consult a qualified professional. Source: https://www.boe.es/diario_boe/txt.php?id=BOE-A-2026-15192