The Department of Public Works and Highways (DPWH) has firmly assured that the nation's infrastructure projects will continue without interruption, even in the face of escalating costs driven by a surge in global oil prices. According to DPWH Secretary Vince Dizon, the recent spike in oil prices, which has approached $120 per barrel, is expected to increase expenses for construction materials and the operation of heavy equipment.
Strategies to Mitigate Delays
To prevent potential delays, Secretary Dizon outlined that the department may implement variation orders or price escalation provisions in existing contracts. These measures would allow for adjustments in funding to accommodate the higher costs. However, he issued a strict warning against any abuse of these provisions, emphasizing the need for transparency and accountability in their application.
Alignment with Presidential Mandate
The ongoing construction efforts are in direct alignment with the mandate of President Ferdinand Marcos Jr., who has prioritized infrastructure development as a key component of national progress. This commitment underscores the government's dedication to advancing public works despite economic challenges.
Funding Dependencies and Announcement Context
Additionally, Dizon clarified that payments to contractors are contingent upon the release of funds from the Department of Budget and Management (DBM). This dependency highlights the coordinated effort required between government agencies to ensure smooth project execution.
The announcement was made during an inspection of the Maharlika Highway in Eastern Visayas, part of preparations for the anticipated influx of motorists during the upcoming Holy Week. This proactive approach demonstrates the DPWH's focus on both long-term infrastructure goals and immediate public needs.
