Invias, Coviandes face off over hwy. concession

Friday, November 29, 2002

Colombia's state highway institute Invias and Bogota-Villavicencio highway concessionaire Coviandes are trading blame over the roadway's geological instability and have been unable to reach an agreement, El Tiempo reported.

Invias places the blame on Coviandes, claiming the concessionaire is responsible for highway engineering and related costs, the paper reported. Coviandes is washing its hands of responsibility, creating a legal stalemate between the two.

As such, neither side will take responsibility for the highway's upkeep when it comes to the geological instability, the paper reported. Colombia's transport ministry is reviewing the concession terms, but cannot make changes because the contract was signed eight years ago. The highway cost some 750bn pesos (US$268.9mn) to develop.

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