to AMD 125.1 ($0.40)/m3. In May 2006, the Public Services Regulatory Commission approved an overall tariff for Yerevan of AMD 172.8 ($.56)/m3, covering water and wastewater services. At the 2005 level, the average water bill accounts for 2.4% of the expenditures of an average household. The Government undertook a massive information campaign on the reasons for the tariff increases and the potential improvements in service that the management contract would bring. Regulation On the basis of the Water Code, the State Committee of Water Systems (known formerly as the State Committee for Water Economy) in the Ministry of Territorial Administration is responsible for water policy within the Armenian government. It plans to transform all management contracts into longer-term lease contracts that confer more responsibilities to the private operators, following the example of Yerewan. Water tariffs are set by a semi-independent body, the Public Services Regulatory Commission. Corruption allegations All three management contracts and the lease contract were awarded after international competitive bidding. There were allegations of corruption concerning a World Bank loan to improve water supply in Yerevan. However, an internal investigation of the World Bank found no evidence of such corruption. References External links State Committee of Water Systems of Armenia Public Services Regulatory Commission of Armenia Armenia Water and Sewerage Company Armenia Water supply and sanitation in Armenia Privatization in Armenia