Economy April 29, 2022 - 8:18 am

Dominican Gov. wants US$623.0M more for SW dam

Santo Domingo.- The Executive wants Congress to authorize by law an addendum to be able to conclude the work on the Monte Grande dam (southwest), whose contracts would amount to 623.4 million dollars.

Of that amount, 589 million dollars would be the amount authorized for the completion of the dam and 35 million dollars for contracting the supervision of the work.

The bill submitted by the Executive Power, on March 28, is being studied by the Finance Commission in the Senate since March 31.

Abinader explains in the letter sent to Eduardo Estrella, president of the Senate, that the special bill would authorize the National Institute of Hydraulic Resources (Indhri) to add more than the 25% established in Law No. 340-06 on Purchases and Hiring.

He points out that it is the “only way to guarantee the termination of the contract for the studies, designs, construction and financing management of the multiple project of the Monte Grande dam and the Rehabilitation and Complementation of the Sabana Yegua Dam.”

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