The World Bank hired K&M advisors to support Sedapal in strengthening its investment planning and financing capacity by developing a financial model that assist decision makers in prioritizing a CAPEX plan and its corresponding financing plan. In addition, this consultancy will provide investment planning support to Sedapal to ensure the required payments to the Concession of “Obras de Cabecera” and other PPPs can be accommodated within the wider Sedapal budget, at a socially acceptable tariff and politically acceptable level of subsidy. The consultancy is also expected to provide specific recommendations to strengthen Sedapal’s planning and financing areas through the application of the World Bank’s Water Utility Turnaround Framework.