Saturday 19 June 2021

Costa Rica Slow in Processing Paperwork for Road Works

The autopista Bernado Soto (part of Ruta 1) west of the San Jose international airport
The autopista Bernado Soto (part of Ruta 1) west of the San Jose international airport

(QCOSTARICA) Three months after a law was signed that supports the use of a trust to expand the San José-San Ramón highway, a bank has not yet been selected to administer the funds.

Although four banks have already expressed interest in participating in the contest, the authorities at the National Highway Council (CONAVI) not only have not selected any one of them, they are only just preparing “…. a document to request special permission from the Comptroller General of the Republic to create a special procedure for selecting the trustee bank. ”

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“… If the Comptroller gives its approval, and Conavi finally chooses the trustee, the projection of the Deputy Minister of Infrastructure, Mauricio Gonzalez, is that the trust agreement will be made ​​between September and October this year, to then be sent for endorsement in October. ” reports that “… Asked whether there are factors that may delay the timely implementation of the project, the Deputy Minister denied this. ‘The implementation has required a series of checks of inputs that involves the participation of different actors outside of the Mopt / Conavi as well as internal departments of both institutions’. ”

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