T
          
        
        
          he construction sector is waiting for both
        
        
          the resolution of pending issues, and the
        
        
          tendering of new small and large-scale
        
        
          projects that will offer a lifeline for many compa-
        
        
          nies. According to the Ministry of Infrastructure,
        
        
          maturity procedures have been accelerated in
        
        
          2011 in regard to a series of studies and projects,
        
        
          worth €2.5 billion, which are expected to reach
        
        
          completion by 2015.
        
        
          In regard to institutional matters, in 2011 the con-
        
        
          struction sector is in the process of evaluating
        
        
          and anticipating the implementation of new legis-
        
        
          lation for the tendering and production of public
        
        
          works. The Minister of Infrastructure, Dimitris
        
        
          Reppas, has presented the new system to the
        
        
          cabinet. In accordance with the provisions of the
        
        
          system, those wishing to undertake public works
        
        
          in Greece should be aware of the main principles
        
        
          of the draft law for the “amendment of the system
        
        
          for the preparation of studies, the carrying out of
        
        
          public works and the creation of an authority for
        
        
          the checking of studies and projects”.
        
        
          According to the draft law, the initial study phase is
        
        
          totally segregated from the other phases, whenev-
        
        
          er the study concerns technical works whose
        
        
          design requires the consideration of alternative
        
        
          solutions. In this case, three preliminary studies are
        
        
          assigned, against a predetermined fee. Following
        
        
          the delivery of the studies, the best solution is grant-
        
        
          ed an environmental license, and a new tender is
        
        
          proclaimed for the remaining phases.
        
        
          The contracts shall be awarded by committees
        
        
          comprising five members (or, exceptionally, three
        
        
          members when the contract is awarded to the
        
        
          
            Trade with Greece
          
        
        
          
            102
          
        
        
          
            
              By Panayotis Efthimiades
            
          
        
        
          PUBLIC WORKS
        
        
          In anticipation of
        
        
          government initiatives
        
        
          This year is expected to turn out to be a crucial one
        
        
          for Greece’s construction sector. Local and foreign
        
        
          construction companies are waiting for the govern-
        
        
          ment, and more specifically the Ministry of
        
        
          Infrastructure, to take action, while there are still
        
        
          many pending issues, such as the negotiation of exist-
        
        
          ing concession agreements, as well as the new ten-
        
        
          dering system for public works.