No Contractor Compensation Act before mid-April: Contractors shouldn’t expect until sometime in April a bill designed to allow the government to compensate them for losses on state contracts that need to be repriced post the float of the EGP.Housing Committee member Khaled Abdel Aziz says. Media reports last week said the legislation was due to come up yesterday for a vote of the House general assembly. House Housing Committee chair Alaa Wali also said on Sunday that the final draft would come to a vote within days, after contractors went berserk over what they perceive as delays in issuing bill, threatening to derail projects and requesting extensions of contract terms until they are compensated, which Wali said was uncalled for.

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