Public contracts signed before April 1st will be compensated by 20 per cent, Statovci reports

Public contracts signed before April 1st will be compensated by 20 per cent, Statovci reports

The MP and member of the Commission for Business and Finance, Life Statovci, has said the Public Affairs Support Bill has been adopted this Monday, through which hundreds of projects were unblocked that were affected by the increase in construction materials prices. She says there will be additional compensation for [...]

It will have additional compensation for inflation, up to 20% discounts for contracts signed before April 1st.

“We have approved today to the Commission for Business and Finance of the Republic of Kosovo's Parliament, the Public Work Support Bill, which will enable the unblocking of hundreds of capital projects of budgetary organisations at the central and local level and which projects, which were influenced by the increase of building materials prices”, she writes.

Statovci said further that this bill would bring unblocking of economically influential projects.

“This bill aims to create a mechanism for compensation to a certain extent of increasing the prices of construction materials and lead works”.

The unblocking of these projects will have an economic impact and with the care shown for operators and overall for the projects, it is certain that the following weeks the construction plants in the respective workshops will be active with a full capacity of”, she said. /Periksopi/

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