📋 Tender Overview
In order to know details of the state of the construction of the Chacao bridge that will link the continent with the island of Chiloe the Public Works Commission invited Wednesday January 8 the minister of the branch Alfredo Moreno.This is after some uncertainty has been generated about the future of the works due to the fact that on December 23 the Korean company Hyundai announced the stoppage of the work due to the increase in the initially projected costs. Now the mayor of the Los Lagos region Harry Jrgensen says the works continue according to the established schedule.As reported by Hyundai construction costs would be higher than those required in the design of the project given the requirements and modifications made by the State. Initially the expenditure of about 700 million dollars was projected while with the increase the sum would amount to about 300 million dollars more totaling one billion dollars.The final design of the project was approved in December 2018. The construction conditions via direct contracting meant that the company assumed the costs with lump sum. That is to say that variations in material prices for example would be borne by the Asian giant. There is no clarity about the influence of the changes made by the State. In spite of everything the company has already put more than 30 piles in the channel as a start of work.At the beginning of last December Minister Moreno terminated the technical meetings with the company ruling that the cost overruns were not going to be paid with the tax treasury therefore the original agreement would apply. In contrast on December 23 the company argued in a statement that the breach of the commitments made by the MOP the bad faith with which the talks have been carried out the unjust damage that results from it and the complete insecurity legal system that is installed as a consequence led Consorcio Puente Chacao CPC to the conclusion that it is impossible under these conditions to continue with the works .Given this the MOP clarified that there are several CPC requests in which they request the recognition of additional works to the contract. We have been working on it and we are available to continue doing so and approach an agreement. If this does not occur the contract clearly establishes the Chilean courts as a mechanism to settle any difference.
