Υπ. Infrastructure & Transport: Five interventions to shield projects from the effects of the international crisis

The Ministry of Infrastructure and Transport immediately adopts and promotes interventions aimed at shielding the executed and auctioned projects.

Dealing with the increase in the prices of materials was the subject of today’s and last meeting between the Minister of Infrastructure and Transport Costas Karamanlis and the Deputy Minister in charge of infrastructure George Karagiannis, with representatives of the contractors.

At the meeting, the minister informed the representatives of the companies that a double package of interventions is being immediately promoted: four institutional ones for the continuation of the projects and one of a technical nature – with extension of deadlines.

Particularly:

The 4 institutional interventions are:

– Issuance of revision rates for the fourth quarter of 2021 within May

– Invoicing of asphalt, PVC and polyethylene in an accounting manner

– Establishment of a project completion bonus

Activation of a public works price verification committee.

Also, the deadline for the execution of the projects is extended up to 6 months. With these moves, the Ministry of Infrastructure and Transport, motivates the contractors to continue and complete the projects, since the premium will be given only to completed projects without delays. At the same time, with the five interventions, the necessary breath is provided in the market by the extension of the projects without the risk of judicial entanglements.