The two-year SPARK programme will include pavement resurfacing, among other infrastructure work.
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By Prince Moore
The Incorporated Masterbuilders Association of Jamaica (IMAJ) has expressed concern that majority of local contractors will be unable to meet the requirements to participate in the Shared Prosperity Through Accelerated Improvement (SPARK) programme.
It follows the pronouncement by Prime Minister Andrew Holness that local contractors are encouraged to participate in the prequalification for the programme.
In a media release, the association says the prequalification criteria established by the National Works Agency will discourage local contractors from participating.
It says to qualify for this programme, a contractor is required to maintain liquid financial resources amounting to US$12.8 million, and to have executed road works for eight of the last 10 years with an average annual value of US$32 million.
The IMAJ says while the Prime Minister's statement suggests that local contractors may form a consortium jointly to qualify, the NWA stated that each party to any joint venture are required to meet the prequalification criteria individually.
It wants the NWA to clarify the requirements for prequalification for the SPARK programme.
The two-year SPARK programme will include pavement resurfacing, retaining wall construction, sidewalk rehabilitation, as well as intersection and drainage improvements, among other infrastructure work.
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