Regulation C/REG.1/11/96 Stipulating the Cost of Completion of the ECOWAS Fund Headquarters Building and Authorising the Signing of the Contracts and Additional Contracts for the Completion of the ECOWAS Fund Headquarters Building in Lome


Economic Community of West African States

Regulation C/REG.1/11/96 Stipulating the Cost of Completion of the ECOWAS Fund Headquarters Building and Authorising the Signing of the Contracts and Additional Contracts for the Completion of the ECOWAS Fund Headquarters Building in Lome

The Council of Ministers,MINDFUL of Articles 10, 11 and 12 of the Revised Treaty of the Economic Community of West African States (ECOWAS) establishing the Council of Ministers and defining its composition and functions;MINDFUL of Decision A/DEC. 1/7/96 of the Authority of Heads of State and Government authorising the completion of the ECOWAS Fund Headquarters building in Lomé and stipulating that the works should be financed from the payments or arrears made in respect of arrears of contributions towards the construction of the ECOWAS Fund Headquarters building;CONSIDERING the recommendation of the Ad Hoc Ministerial Committee on the Construction of the Headquarters of Community Institutions at its meeting held on 19th November, 1996 in Lomé;ENACTS

Article 1

Following the opening and examination of tenders, the cost of works is fixed at FCFA 826,017,737 (Eight hundred and twenty-six million, seventeen thousand seven hundred and thirty-seven francs broken down as follows:
Contractor FCFA 687,000,000
Architect FCFA 68,700,000
Project Management Consultant (2.28%) FCFA 15,663,600
Technical Control Bureau (1.15%) FCFA 7,900,500
Contingency (5%) FCFA 38,963,205
Ad hoc Sub-Committee Meeting FCFA 7,790,432
Total FCFA 826,017,737

Article 2

The Managing Director of ECOWAS Fund is authorised to sign with Entreprise Nouvelle Togolaise des Travaux Publics (ENTTP), the contract for the completion of the Fund Headquarters in Lomé at a total cost of FCFA 687,000,000 (Six hundred and eighty-seven million francs CFA).

Article 3

The Managing Director of ECOWAS Fund is authorised to sign the following additional contracts with the various firms involved in the execution of the project.Additional contract with the Architect, Cabinet Goudiaby Atepa for a total contract price representing 10% (ten per cent) of the total cost of works;Additional contract with the Project Management Consultant, Associated Consultants, for a total contract price representing 2.28% (two point twenty-eight per cent) of the total cost of works;Second additional contract for the technical control with Société de Contrôle Technique (SOCOTEC) for a total contract price representing 1.15% (one point fifteen per cent) of the total cost of works.

Article 4

This Regulation shall be published by the Executive Secretariat in the Official Journal of the Community within thirty (30) days of its signature by the Chairman of the Council of Ministers.It shall also be published within the same timeframe in the National Gazette of each Member State and shall enter into force within sixty (60) days of the date of its publication in the Official Journal of the Community.
Done at Lomé, this 22nd day of November, 1996Hon. Ayo OgunladeChairman, for Council
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