Ositran supervision may amend contracts to ensure continuity of works in IIRSA Sur

Awards | Govea Darcy | October 16, 2009 at 9:23 a.m.

The executive branch has cleared the Supervisory Body for Investment in Infrastructure Public Transportation (Ositran) to change the current oversight contracts, signed in the form of lump sum, in order to ensure continuity of performance monitoring Additional works in sections 2, 3 and 4 of the Draft Inter-oceanic Corridor Southern Peru - Brazil (IIRSA Sur). It should be noted that the signed supervision contract provides that the consideration to be received by the work of supervision should be set at based on a percentage of the amount of investment ejecutada.En that sense, both as business Ositran a pact supervisors monitor the work by a fixed amount and a deadline, the work must be defined by drawings and technical specifications in the contract. But an emergency decree issued today by the Executive authorizes the Ositran to a date not later than 31 December, to agree and sign the addenda to modify the contracts mentioned monitoring, including funds and / or contractual guarantees . This in a context where the benchmark investment planned for Tranche 2 was sold in September 2008, the Tranche 3 was sold in May this year and the Section 4 is designed to be completed next December, there is still additional work more footage to be executed, which reflects the difference between feasibility studies which were initiated with the works and engineering studies detalle.Debido this scenario, the Executive has decided to compensate the supervisor, attention to variations in the length and increasing investments of the works mentioned, arising as a result of the amendments to the concession contracts.
"For this purpose shall not exceed payment rates: from 6175 percent in Reach 2 of 6207 percent in 6233 and Tranche 3 percent in the Section 4, for investment amounts stipulated in their contracts award, "details the standard.
The Ministry of Transport and Communications (MTC) will meet from its budget for fiscal year 2009, the expenses incurred in the supervision of the said additional work.
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