The Member of Parliament (MP) for Ho-Central, Captain George Nfojoh (retd), has said it is not fashionable to award contracts on the basis of political affiliation, and that contracts should be awarded based on merit.
He said contractors who proved their worth and worked well should be given more work to execute, and that their certificates should be processed without delay.
Capt. Nfojoh said this when he addressed the third annual general meeting of the Association of Building and Civil Engineering Contractors of Ghana(ABCECG) at Ho recently.
He, however, said contractors should exercise restraint and be sympathetic when their clients delayed in the payment for work done.
This was due to the disclosure by the Volta Regional chairman of ABCECG, Mr Prosper Ledi, that the numerous challenges facing contractors include delayed payments, high tax regimes, high interest rates from the banks and lack of capacity building and preferential treatment given to foreign companies.
In an address, the General Manager of State Insurance Company (SIC), Mr John K. Ofori-Kuragu, announced that the company had waived collateral security for any bond that was needed for contractors, and that the company would guarantee bank loans but said it would be prudent if that arrangement was between the contractors and the association.
He said SIC would grant advance mobilisation bond, performance bond and all contractors risk bond to all clients, and urged them to undertake the package which included sponsorship for conferences, workman’s compensation and insurance package covering management staff.
Mr Ofori–Kuragu presented a cheque for GHC3,000 to the Volta Region branch of ABCECG as part of sponsorship package designed for their annual conferences.
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