A company owned by former Hayastan (Armenia) opposition faction MP Davit Sedrakyan signed US$8.1 million in construction contracts this year issued by Armenia’s Urban Development Committee and the Yerevan Municipality.

The largest contract signed by Bidek LLC was a $6.8 million deal to repair the building housing Yerevan’s Komitas Conservatory.

The company also signed a $1.4 million contract to repair a Yerevan polyclinic.