MAYNILAD Water Services, Inc. has signed a revised 26-year concession agreement with the government that includes a freeze in tariff until Dec. 31, 2021, its parent firm Metro Pacific Investments Corp. (MPIC) said on Wednesday.

In a disclosure, MPIC outlined the pertinent points of the accord signed between the Metropolitan Waterworks and Sewerage System (MWSS) and Maynilad that will take effect from the time it complies with all the conditions set in the deal until July 31, 2037.