La valorizzazione degli Asset funzionali al Servizio Distribuzione Gas di proprietà degli Enti Locali e l’avvio delle Gare per il Servizio alla luce dei recenti provvedimenti legislativi

In this paper, we explain the procedures to be put in place before the sale of municipality assets via public tenders, with a particular emphasis on the Gas Distribution sector, as stipulated in the Law no.118 (5 august 2022). This law allows municipalities to sell their assets at a terminal value (VIR – Valore Industriale Residuo) which is often substantially higher than what was possible with the previous regulation. However, a correct and a swift implementation by the municipalities is fundamental since the procedures mentioned above are a pre-condition for the asset sales, in a context of an already falling VIR due to the excessive red tape, an issue which is especially relevant for the municipalities in the South of Italy. Finally, we point out that the evaluation of the economic convenience of the asset sales should also factor in the positive effects for the municipality stemming from the accrual of rental income for the occupation of public land paid by the new asset owner.