{"id":218363,"date":"2024-09-17T09:57:52","date_gmt":"2024-09-17T09:57:52","guid":{"rendered":"https:\/\/www.ghanamma.com\/2024\/09\/17\/two-preferred-bidders-submitted-to-govt-for-saglemi-housing-project\/"},"modified":"2024-09-17T09:57:52","modified_gmt":"2024-09-17T09:57:52","slug":"two-preferred-bidders-submitted-to-govt-for-saglemi-housing-project","status":"publish","type":"post","link":"https:\/\/www.ghanamma.com\/2024\/09\/17\/two-preferred-bidders-submitted-to-govt-for-saglemi-housing-project\/","title":{"rendered":"Two preferred bidders submitted to govt for Saglemi Housing project"},"content":{"rendered":"<p><\/p>\n<div>\n<p>Two preferred bidders have been shortlisted for final negotiations as govt concludes efforts to resume work on the Saglemi housing project<\/p>\n<p>After weeks of evaluation and due diligence, transaction advisors Deloitte Ghana have notified the Government of Ghana that either of the two firms may be selected after negotiations to complete the project<\/p>\n<p>At least 10 firms initially expressed interest in partnering govt to finish the uncompleted project but five submitted bids at the close of the bidding process in July 2024<\/p>\n<p>The Ministry of Works and Housing is expected to select the firm with the most favourable negotiating terms after the process.<\/p>\n<p>Housing Minister Kojo Oppong Nkrumah says the govt will remain focused and meticulous in the transaction<\/p>\n<p><strong>Background<\/strong><\/p>\n<p>The Saglemi Housing Project was initiated with a $200 million contract to construct 5,000 affordable housing units.<\/p>\n<p>However, by January 2017, only 1,506 units were completed or in various stages of completion, despite $197 million already paid\u00a0to\u00a0contractors.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Two preferred bidders have been shortlisted for final negotiations as govt concludes efforts to resume work on the Saglemi housing project After weeks of evaluation and due diligence, transaction advisors Deloitte Ghana have notified the Government of Ghana that either of the two firms may be selected after negotiations to complete the project At least [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":58560,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-218363","post","type-post","status-publish","format-standard","has-post-thumbnail","category-local-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.8 - 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