February 7, 2023

The National Federation of Buildings and Public Works, part of the General Confederation of Moroccan Enterprises, said continued supply constraints and volatility in commodity prices required the government to extend the exceptional measures in the public deals that ended October 18.

Last April, the Prime Minister issued a memorandum containing exceptional measures to mitigate the effects of high prices and shortages of raw materials for contractual obligations under public transactions for a period of 6 months.

These measures included the extension of the deadlines for the execution of transactions in progress for a period of 6 months upon request, with a different procedure related to the return of late penalties for a transaction in progress. executed, as well as the possibility of terminating transactions that are in the process of being completed without confiscation of financial guarantees.

The procedures also provided for the revision of the prices of transactions with the performance of works, taking into account a significant increase in the cost of certain types of raw materials, prices for services and some goods necessary for public procurement.

The National Federation of Buildings and Public Works said in a press release that the implementation of the contents of this memorandum has been known to encounter a number of obstacles, including the negative behavior of a number of project owners, government agencies and companies that did not comply with the directives contained in the document.

The federation itself, representing construction and public works companies, stressed that the crisis is still ongoing due to supply difficulties and rising raw material prices as a result of the inflationary economic situation; This requires expanding procedures so as not to affect the treasury of the contract.

The same body called for the initiation of a comprehensive reform of the price review system, given that this issue has become urgent in the light of current circumstances characterized by constant price fluctuations at the national and international levels.

According to the Ministry of Equipment and Water Resources, the value of investment programs allocated this year to the construction and public works sector is more than AED 47 billion, compared to AED 41.4 billion in 2021.

https://colab.research.google.com/drive/165DsONBIDoh_v6Zxbg8caIESi-Hiza5q
https://colab.research.google.com/drive/1y8C26XAQAeH5V2or_Bzt2ysnvo_Qvgl7
https://colab.research.google.com/drive/1QtwYs4kosVX6_z_dB-yXu70Fx9cOfGVR
https://colab.research.google.com/drive/1DQsCGGbnRqTBcFBEBTmneTgCevN4bBDs
https://colab.research.google.com/drive/1SEc1gmmkPKwzbXPMggxLNq0eWFLg7JlI
https://colab.research.google.com/drive/19QsmuQX3tE_rqHzGGZF5lJcvm_1p91pd
https://colab.research.google.com/drive/1YVg3RfN_DqMZxLsNZsUFON9XhEJvOLv_
https://colab.research.google.com/drive/17i9GAYbJgpxwj8G08Z-TX6Q1i3kPvW-I
https://colab.research.google.com/drive/1Zjv9D3ctOe1nkMNj8BcvcUVEf2TJSMrq
https://colab.research.google.com/drive/11oGu9LUVvVDnvfwvF2nJR4RZhlytlXoN
https://colab.research.google.com/drive/1VXcIDip0mUH-pTFy3dbesIv2Op3AEUY1
https://colab.research.google.com/drive/1pUVvxmb60urKeEh5IN8COXd2y61XTr6N
https://colab.research.google.com/drive/151pTg-5QkJou7vYjyF2cS-WdNxMPOdmL
https://colab.research.google.com/drive/1SzBY2w96LRhR8wyGBvBNdUO_WbunoYPv
https://colab.research.google.com/drive/1hTF9rXnA0zbUBD21aayu8K6YJE8_18vD
https://colab.research.google.com/drive/1ymJiR6AvjdJ6ggbAD6V375a5SjiKH-OI
https://colab.research.google.com/drive/1zzTleWjNo5iPKcO7UJCu32QDP6_UySs8
https://colab.research.google.com/drive/1gKvlaxBi7tB0i00U_sa3wDs9NVzjt8TF
https://colab.research.google.com/drive/14EzYtZC5AjthRDqQ8U0cPixPv0hAvX73
https://colab.research.google.com/drive/10wlBZlP9Z5qKWiGBmed10Fv0syFHLtCq
https://colab.research.google.com/drive/1qaGiW9g3nGzXmoYJZlbBcmESqQ2wqwWS
https://colab.research.google.com/drive/15nnAod_zTfy8jAMh5Gr9kNFSKS2RtsXc
https://colab.research.google.com/drive/1F45CPJvkwTYxM5ls6EGvyO8T3Wce0dDi
https://colab.research.google.com/drive/1f0gvGu-hWUq2lKBpy9boHBhr0iG_u_EJ
https://colab.research.google.com/drive/1IlxZLkrImDpjn3WIpP1LK7uKoTmjiEGm
https://colab.research.google.com/drive/1Ro4T2gC4iGNJMLTbNXTX3uvaH44GAjbo

Leave a Reply

Your email address will not be published.