Information reaching The Chronicle indicates that two bidders have been shortlisted, with one likely to be chosen in the coming days, to resume work on the Saglemi housing project in the Greater Accra Region.
This reporter was told by a source close to the Ministry of Works and Housing that the Transaction Advisors, Deloitte Ghana, did a yeomanâs job by meticulously evaluating all the bids that were submitted before settling on the two.
What is left now, according to the source, is for the government, through the Housing Ministry to select one of the two companies and negotiate with the owners for favourable terms to resume work on the uncompleted project.
The Chronicle understands that ten firms initially showed interest to partner the government to complete the project, which has been âabandonedâ for years due to the ongoing court case. However, out of the ten companies, only five officially submitted bids at the end of the process in July, this year.
Mr Kojo Oppong Nkrumah, the sector minister, had previously told reporters thatthe government was focused andwould be meticulous in the whole transaction.
The Saglemi Housing Project was initiated with a $200 million contract to construct 5,000 affordable housing units.
However, by January 2017, only 1,506 units had been completed or in various stages of completion, despite $197 million allegedly paid to contractors.
