Economy July 28, 2015 | 8:39 am

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Govt. agency overseers find 90% cost overrun

Santo Domingo.- TheOversight Committee of the State Works Supervisory Engineers Office (OISOE) on Mondaysaid construction cost on some schools have skyrocketed 90% above budget, inviolation of the law.

In a letter sent July14 to Presidency chief of staff Gustavo Montalvo quoted by, committeemembers said the irregularities in some schools are as high as 90% over budget.

They said the school atthe Savica sector of the capital was budgeted at RD$54.5 million but has costRD$99.6 million thus far, or RD$45.1 millionmore, for a 82.83% jump.

"We understandthat the process used to allocate the construction of schools does notguarantee transparency in the process of construction. We suggest the lotteryprocess to strengthen and serve to select a short list that will compete bypresenting a budget that requires them to work according to what they havecommitted to do the same," the overseers warn.

Delayed information

In the letter, observers RadhamésMejía, Jesús Moreno, Mariluz Arias, Addys Then and Daniel Óscar also complained of delays to hand over requested information on thecurrent status of constructions.

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