The Government on Monday introduced it had allotted roughly GH¢668 million as part-paymentof remarkable debt owed contractors running at the Ghana Education Trust Fund (GETFund) initiatives.
It stated the processes for the funds in fact started mid-October 2022 and led to November 2022 with the accounts of all contractors duly credited.
A commentary issued in Accra by means of the fund disclosed that funds had been in fulfilment of its promise made on November 8 all over a stakeholder engagement discussion board held in Accra.
It is excellent news to be informed in regards to the funds and in addition an assurance by means of the GETFund that plans are in position to settle all remarkable money owed owed to contractors in an effort to whole stalled initiatives in faculties inside the subsequent 3 years.
However, it will have to be stated that the behind schedule funds within the device isn’t the rest somebody who needs contractors and the country neatly will have to have a good time about.
The follow turns out to have grow to be the norm, which is unacceptable.
We may give an instance that during September 2009, the Association of Building and Civil Engineering Contractors of Ghana (ABCECG) accused the federal government and different contract givers of non-payments for initiatives of behind schedule funds.
When the contractors spoke, the federal government reacted by means of blaming the placement on loss of finances and unsatisfactory paintings accomplished by means of native contractors.
What was once curious on the time was once that initiatives undertaken by means of overseas contractors were absolutely paid for by means of the similar govt pleading loss of finances.
Why will have to that occur? Was this now not some way to kill the native building trade?
We agree that behind schedule fee can be led to by means of contractors and others like subcontractors and execs akin to the ones in control of drawings and supervision, however lots of the blame may also be heaped at the govt as it has the facility to drive the others similar to the contract to do the appropriate factor for funds to be effected on the agreed time.
Is it now not unhappy to be informed that one of the most GETFund initiatives being paid for now date again to 2017?
The affects of behind schedule fee such because the chapter of contractors, lack of task by means of contractors’ staff, emerging hobby on loans taken by means of contractors, shoddy paintings accomplished by means of contractors, abandonment of initiatives and disputes coming up thereby will have to compel the state to resolve the issue.
Sometimes, initiatives are revalued for them to be persisted and this brings about further value at the nation.
Even even though contractors agree that one of the most reasons of the prolong emanate from them, they declare that as a rule state officers like the ones in control of inspection of initiatives and honouring of certificate for funds artificially purpose the prolong in some ways.
According to them, those officers create scenarios to purpose contractors to be handicapped and the one manner to pop out in their precarious internet is to make the officers monetary provides.
It is set time all synthetic issues similar to behind schedule funds to contractors, specifically bribery and corruption, are banished from the device via deterrent sanctions.
Author: Ghanaian Times