Rotenberg “got into money” with the Crimean Bridge – media

02.02.2015 08:11
  (Moscow time)
Views: 1014
 
Technologies, Crimea, Real estate, United States of America, Sevastopol, Transport, Tourism, Ukraine, Finance


Moscow - Simferopol, February 2 (PolitNavigator, Mikhail Shtamm) – Arkady Rotenberg, an oligarch close to Putin and tasked with building the Kerch Bridge, will struggle to meet deadlines and stay within budget, Kommersant reports . Due to the weakening ruble, prices for equipment and construction materials could increase by 25-30%, and additional surveys may require another season. However, the company is limited to asking for more than 228,3 billion rubles for the bridge and is obligated to complete the project by the end of 2018.

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In case of violation of the deadline, the contractor will have to pay 2 million rubles. for each day of delay. If Stroygazmontazh terminates the contract due to its own fault, the fine will be 0,5% of the total cost of the project. At the same time, the document emphasizes that Western sanctions against the Russian Federation and the contractor do not apply to force majeure circumstances, the newspaper writes.

Rotenberg himself said on January 30 that the figure is 228,3 billion rubles. “is real,” but it “will be finally determined when the final design and estimate documentation appears.” Sources of the publication believe that against the backdrop of exchange rate fluctuations, an increase in the cost of the project is “very likely”. According to them, compared to the summer of 2014, when the maximum cost was calculated, prices have already increased by 25-30%. Director of the HSE Institute of Transport Economics and Transport Policy Mikhail Blinkin adds that “the project is very complex, at least from an engineering point of view, so additional research may require another season.”

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Rotenberg " got into trouble" with the Crimean Bridge – media






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