Wednesday, February 24, 2021

$600M in construction contracts in Colombia granted to ‘construction mafia’

(Image credit: Inmobigar Inmobiliaria)

Hundreds of millions of dollars in construction contracts have been paid to companies who may have illegally won the contracts, an investigation conducted by the Colombian Chamber of Infrastructure (CCI) said Monday.

The specifications of many of the contracts were written such that only one firm’s bid fully complied, guaranteeing them the contract.

According to the president of the CCI, Juan Martin Caicedo Ferrer, this is the reason why construction projects are often of low quality or left unfinished.

- Advertisement -

“The intervention of the Inspector General in awarding contracts is necessary,” asserted Caicedo, claiming it “would lend some transparency to the processes.”

The investigation went on to reveal that in all the municipalities of the country, 65% of construction contracts receive only one bidder.

“This means we’re no longer talking about corruption in a handful of construction contracts but in many contracts across the country,” explained Caicedo.

The results of the investigation are now in the hands of the Prosecutor General, the Inspector General, the Comptroller General, and the presidential Transparency Secretary.

- Advertisement -

The post $600M in construction contracts in Colombia granted to ‘construction mafia’ appeared first on Colombia News | Colombia Reports.

- Advertisement -

FACT CHECK:
We strive for accuracy in its reports. But if you see something that doesn’t look right, send us an email. The Q reviews and updates its content regularly to ensure it’s accuracy.

Related Articles

Bogotá, Medellín and Cali: the cities with the most violations of measures against covid-19

QCOLOMBIA - Since the mandatory isolation began in Colombia, 1,400,387 finess...

What happens if a Colombian does not attend the scheduled covid-19 vaccination appointment?

QCOLOMBIA - A few days after starting the National Vaccination Plan,...

MOST READ

What happens if a Colombian does not attend the scheduled covid-19 vaccination appointment?

QCOLOMBIA - A few days after starting the National Vaccination Plan, Colombians still have some doubts regarding their immunization process and there is fear...

We do not move even half the passengers we would have on a normal day: Transmilenio manager

QCOLOMBIA - The public transport system in Colombia has been one of the worst-hit sectors since the start of the coronavirus pandemic, as quarantines...

Colombia Suffered Its Deepest Slump Since 1905 Last Year

(Bloomberg) -- Colombia’s economy suffered its deepest contraction in more than a century last year, leaving it wracked by soaring debt, mass unemployment and...

Colombia receives first batch of vaccines

QCOLOMBIA - Colombia advanced the start of the immunization campaign against the coronavirus to February 17, three days ahead of schedule, after receiving the...

There’s A Good Chance Your Valentine’s Flowers Come From Colombia

QCOLOMBIA - If you send a bouquet of roses for Valentine's Day, chances are they were grown in Colombia. It remains the No. 1...

Colombia begins 2021 with a reactivation of 55% in flights

QCOLOMBIA - The end of the year travel season arrived with important expectations of recovery for the tourism sector. The improvement in the tourist...

Pope thanks Colombia for efforts to protect migrants

Q REDAQTED (Vatican News) - “I always look with gratitude at the efforts of those who work for migrants,” Pope Francis said on Sunday...

Colombia okays US$38 billion dollar reactivation plan

QCOLOMBIA - Colombia’s economic and social policy council (Conpes) has greenlighted a 135 trillion Colombian peso (US$38 billion) economic reactivation plan, which will be...

Colombian Clever Leaves made first shipment of medical cannabis to the U.S.

QCOLOMBIA - Clever Leaves, a Colombian company authorized to handle pharmaceutical grade cannabinoids, announced that its subsidiary, Herbal Brands, managed to establish a strategic...

WANT TO STAY UP TO DATE WITH THE LATEST!

Get our daily newsletter with the latest posts directly in your mailbox. Click on the subscribe and fill out the form. It's that simple!