Wednesday, 21 October 2020

OAS Wants US$45 Million To Cancel Contract

Andres_Castro_OAS_MonchoHere is a task for you, who to believe, Presidenta Laura Chinchilla? or the Brazilian contractor, OAS? One says there is an agreement, the other no for OAS to get US$45.9 million dollars to walk away from the San José – San Ramón road project.

At the of April, Presidenta Laura Chinchilla bowed to public pressure to cancel the controversial road constructions project announced by her government weeks earlier.

In a television address to Costa Ricans, the Presidenta said the cancellation of the contract would not cost Costa Rica anything (Presidenta Promises The Breaking Of the Concession Contract Will Not Cost The Country “One Colon) .

Chinchilla did allow that the company should be compensate to the tune of US$30 million dollar for out of pocket expenses.

- paying the bills -

A letter of cancellation was set to OAS. At the time the public was lead to believe that was the end of the deal. However, the company actually had 30 days to respond. And respond it it.

On Friday, OAS, notified the Chinchilla government what it wants US$33.9 million dollars as indemnification for investments it made to obtain the concession contract AND another US$11 million dollars for Autopistas de Valle, the company that was to have operated the concession.

The kicker here is that OAS says the Chinchilla government had agreed to pay the US$45.9 million to terminate the contract, a deal the OAS says was reached verbally.

The ministro de Planificación and vicepresidente de la Junta Directiva del Consejo Nacional de Concesiones, Roberto Gallardo, assures that the government will be asking OAS all documentation, technical and financial to support the amount requested, before passing judgement and determining whether to pay it.

The request by OAS was made in writing to Casa Presidencal on Thursday, detailing its expenses incurred in the process.

- paying the bills -

"Rico" is the crazy mind behind the Q media websites, a series of online magazines where everything is Q! In these times of new normal, stay at home. Stay safe. Stay healthy.

Related Articles

[BLOG] Costa Rican Electric Company – General Maintenance Procedures

During my fifteen plus years of living in Costa Rica, I...

Heliport, Money and Weapons in Costa Rica

Following reports by residents of Las Asturias de Pococí about flyovers...


Unions call for a big national strike with protests for Monday

QCOSTARICA - Just when you thought the pretests were over, the Movimiento Social y Sindical Costarricense (Costa Rican Social and Trade Union Movement) will...

The U.S. votes on Tuesdays to comply with God and Caesar

QREPORTS - Why is election day in the United States on a Tuesday in November? For the answer, let's go back to 1845. That year,...

Tourist plows car through crowd of protesters in Dominical

QCOSTARICA - A family of European tourists plowed through a blockade with their vehicle in the Los Chorros area on Route 243, between Pérez...

Global Ideas ‘Climate change is making us stronger’ — Resilient Bolivian women adapt to global warming

Nestled in Bolivia's Cochabamba valley is the village of Tiraque. One of dozens of indigenous farming communities in the traditionally fertile local region, it...

When the COVID-19 vaccine arrives in Costa Rica, who will be vaccinated first?

QCOSTARICA - By early 2021, the COVID-19 vaccine is expected to arrive in Costa Rica. Although that will also depend on the progress it...

Chile mine rescue: 10 years on, survivors left to fend for themselves

In 2010, the San Jose copper-gold mine located in the Atacama Desert in northern Chile caved in, trapping 33 miners. Previous geological instability at...

Let's Keep This Going!

To be updated with all the latest news and information about Costa Rica and Latin America.

Log In

Forgot password?

Forgot password?

Enter your account data and we will send you a link to reset your password.

Your password reset link appears to be invalid or expired.

Log in

Privacy Policy

Add to Collection

No Collections

Here you'll find all collections you've created before.