Ashghal will give contractors 20 per cent advance payments

" /> Ashghal will give contractors 20 per cent advance payments

" /> Ashghal will give contractors 20 per cent advance payments

" />

Qatar to apply 20 per cent advance payments

26 May 2016

Ashghal will give contractors 20 per cent advance payments

Qatar’s Public Works Authority (Ashghal) has said it will impose new rules to ensure 20 per cent advance payments for contractors.

Speaking at MEED’s Construction Leadership Conference in Dubai on 25 May, Ashghal’s lead advisor for contracts and project management , Ahmad Ali al-Ansari said “From the 13 June we will ensure contractors working on Ashghal projects receive 20 per cent advance payments.”

“The measures will be taken to offer contractors more liquidity,” said Al-Ansari.

The announcement was made during a panel discussion looking at cash flow issues in the market. Contractors have voiced concerns over the releasing of funds.

Ashghal’s key programmes include the Expressway Programme, the Local Roads & Drainage Programme, the Inner Doha Re-sewerage Implementation Strategy (IDRIS) Programme, and, until recently, the Sharq Crossing Programme, which was transferred to the Ministry of Transport in March.

In addition to these, Ashghal is working on buildings, stadiums, major health projects, educational projects, as well as intelligent transport solutions.

 

 

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