Posts Tagged ‘contractors’
This amount is far from released by the same institution on 10 March, when a document delivered to the medium said that until then had only “used” $ 10 million dollars in “the documentary and the preliminary work” that at the current rate is equivalent to RD $ 368.6 million.
The amount of resources (RD $ 3.349 million) also exceeds by a wide margin the amount of planned expenditure for the State in the Second Line of the Metro, it was a game of 6% of the total expected cost. As Porte estimated a total investment of $ 750 million ($ 27.645 million pesos), the State would only have to pay $ 45 million, i.e. RD $ 1658.7 million, and the concessionaire would provide the rest.
That is, public investment made so far is double the total amount expected in the original plan, although it still lacks two-thirds of the civil works (66%), according to Lionel Carrasco, assistant director of the Porte. According to a list of contracts by which this entity has delegated the work, the RD $ 3.349 million has been paid to 68 companies that received grants to work on diversions, fences, walls, earthworks, drainage, civil works and prefabricated, both in the path of the train or Perimeter Avenue or Del Rio.
Among firms with greater amounts contracted are Constructor Faced, who until late last month had signed 19 contracts for a total of RD $ 296.6 million; Updates Technology in Construction (Attic) contained five agreements for a total of RD $ 260.5 million; clearing Task Force, which had signed nine with awards totaling $ 186.9 million and RD Male spin with 18 for a total of RD $ 153.9 million.
However, officials lacked data accuracy, because even if the institution determined that the report includes the complete list of its contractors and subcontractors omitted the names of some companies are also involved in the construction of this arm of the Metro, as the Modesto and Cytec Group.