Ukraine's Ministry of Infrastructure,
Ukravtodor, and CoST (the Construction Sector Transparency Initiative) on
October 20 signed a tripartite memorandum on the CoST's work in Ukraine.
According to an Interfax-Ukraine correspondent,
during the signing of the document, Director of the CoST Secretariat Petter
Matthews said the CoST will be implemented by an independent advisory and
monitoring group consisting of the representatives of the government, private
sector and public organizations. They will oversee information disclosure in
certain projects and expand the opportunities of public influence over the
control and audit process.
The pilot projects for testing the CoST
standards are four projects in the road sector: work on the Kyiv-Znamyanka
road, the reconstruction of the Kyiv-Kharkiv-Dovzhansky road on the Lubny-Poltava
section, the Roads of the Carpathians project, and public roads repairs in
2015.
According to Matthews, the project will be
financed by a World Bank grant in the amount of GBP80,000 (about $120,000)
within 18 months.
The first results of project will be available
to the public in February 2016.
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