Quotes: MENA   Enter Symbol: NewsLetter: Search: advanced

Saudi - Contractors to face punitive action for delaying projects  Join our daily free Newsletter

MENAFN - Arab News - 22/08/2014
No. of Ratings : 0
Add to Mixx!



(MENAFN - Arab News) A projects committee in Makkah formed by Makkah Gov. Prince Mishaal bin Abdullah has threatened to take punitive action against companies that do not stick to schedule in implementing contract-based projects.

Prince Mishaal is personally following up on stalled projects and demands monthly reports about delays said committee members.

Contractors responsible for two stalled projects one of which falls under the Makkah Development Authority blamed service companies such as the National Water Company (NWC) and the Saudi Electricity Company (SEC) for failing to set up amenities on the project sites.

The other project is directly affiliated with the NWC.

Majdi Zubeidi regional service director and a committee member said the committee was formed to guarantee timely implementation and act as a mediator between companies contractors consultants and project sponsors.

Zubeidi largely blamed delays on failure to guarantee vital services such as sewage pipes electricity and flood channels to the sites.

'This process needs time to be coordinated and resolved' he said.

'The committee found that some projects were experiencing a 10 percent delay while others were 30 percent behind schedule. The governor ordered the formation of the committee after many projects failed to meet the delivery deadline.'

Projects that do not fall under the authority's radar will be referred to the Makkah Provincial Council for discussion among ministers.

Field inspectors will visit sites every month and hold two meetings monthly to review the situation on the ground he said.

'Citizens will also be able to file complaints about delayed projects and a service document for locations with bad services will be distributed among team members.'

The committee began by reviewing large-sized projects under the Health Transport and Municipal and Rural Affairs Ministries.

Assessment reports will be filed with Fuad Ghazali chairman of the projects committee at Makkah's Provincial Council who will discuss delays and solutions with the governor.

Penalties will vary depending on what is stipulated in individual contracts.

 


Arab News




  MENA News Headlines
 May 27 2015 - European shares gain, Generali up on dividend commitmentSaudi Press Agency
(MENAFN - Saudi Press Agency) European shares rose on Wednesday after sharp declines in the previous session, with Italy's biggest insurer Generali gaining after committing to boost dividends and ...

 May 27 2015 - Crown Prince Congratulates Ethiopia's President on National DaySaudi Press Agency
(MENAFN - Saudi Press Agency) Crown Prince Mohammed bin Naif bin Abdulaziz, Deputy Premier and Minister of Interior, has sent a cable of congratulations to President Mulatu Teshome of the Federal ...

 May 27 2015 - Custodian of the Two Holy Mosques receives a message from Russian PresidentSaudi Press Agency
(MENAFN - Saudi Press Agency) The Custodian of the Two Holy Mosques King Salman bin Abdulaziz Al Saud received a message from President Vladimir Putin of the Russian Federation.The message was ...

 May 27 2015 - IIRO Distributes SR 22 Millions Aid to Affected YemenisSaudi Press Agency
(MENAFN - Saudi Press Agency) The International Islamic Relief Organization (IIRO) of the Muslim World League (MWL) has recently distributed a variety of assistance amounting to SR 21,998,000 to ...

 May 27 2015 - Crown Prince Congratulates Nepal's President on National DaySaudi Press Agency
(MENAFN - Saudi Press Agency) Crown Prince Mohammed bin Naif bin Abdulaziz, Deputy Premier and Minister of Interior, has sent a cable of congratulations to President Dr. Ram Baran Yadav of the ...

 May 27 2015 - General Supervisor of King Salman Center for Relief and Humanitarian Works Signs Agreement with World Food ProgramSaudi Press Agency
(MENAFN - Saudi Press Agency) The Advisor at the Royal Court and General Supervisor of King Salman Center for Relief and Humanitarian Works Dr. Abdullah bin Abdulaziz Al-Rabiah signed today a ...

 May 27 2015 - Dubai announces crude oil price for AugustEmirates News Agency (WAM)
(MENAFN - Emirates News Agency (WAM)) The Department of Oil Affairs of the Government of Dubai has announced that it has notified customers that the official price of Dubai crude oil to be delivered ...

 May 27 2015 - Khalifa Fund promotes Zaarie programme's productsEmirates News Agency (WAM)
(MENAFN - Emirates News Agency (WAM)) Senior delegates, including chefs and heads of procurements in Abu Dhabi hotels, have visited a number of farms under the Zaarie programme, which was recently ...

 May 27 2015 - Oman Crude Oil Financial Contract closes at US$62.19 at DMEEmirates News Agency (WAM)
(MENAFN - Emirates News Agency (WAM)) The price of Oman Crude Oil Financial Contract, DME Oman, closed at US$62.19 a barrel for July delivery, at Dubai Mercantile Exchange at 12:30 p.m., Dubai ...

 May 27 2015 - UAE ranks first in Quality of Air Transport InfrastructureEmirates News Agency (WAM)
(MENAFN - Emirates News Agency (WAM)) The United Arab Emirates has ranked first globally in Quality of Air Transport Infrastructure, according to a major annual report by the Swiss-based ...

more...


 






Google

Arab Advisors_12th convergence conf

 
 

Middle East North Africa - Financial Network

MENAFN News Market Data Countries Tools Section  
 

Middle East North Africa - Financial Network
Arabic MENAFN

Main News
News By Industry
News By Country

Islamic Finance News
Private Equity News

How-To Guides
Technology Section

Travel Section

Search News

Market Indices
Quotes & Charts

Global Indices
Arab Indices

Commodoties

Oil & Energy

Currencies Cross Rates
Currencies Updates
Currency Converter

USA Stocks
Arab Stocks
 

Algeria 
Bahrain 
Egypt 
Iraq
Jordan 
Kuwait 
Lebanon
Morocco 
Oman 
Palestine
Qatar 
Saudi Arabia 
Syria
Tunisia 
UAE 
Yemen

Weather
Economic Calendar
Financial Glossary


Financial Calculators

RSS Feeds [XML]

Corporate Monitor

Events

Real Estate
Submit Your Property

Arab Research
Buy a Research

Press Releases
Submit your PR

Join Newsletters


 
© 2014 menafn.com All Rights Reserved.  Terms of Service | Privacy Policy | Contact Us | Advertise | About MENAFN | Career Opportunities | Feedback | Help