Putin instructs ICR and Prosecutor General to monitor cost of Central Ring Road

Putin instructs ICR and Prosecutor General to monitor cost of Central Ring Road
Central Ring Road Photo: Alexey Kudenko / RIA Novosti

The security agencies will check state contracts for serving state interests.

Russian President Vladimir Putin instructed the Prosecutor General’s Office, the ICR and the Audit Chamber to monitor state interests compliance in government contracts concluded on the construction of the Central Ring Road (CKAD), as well as to check cost fairness of services and goods to be provided. In addition, an operational headquarters should be established to monitor the progress of construction and eliminate delays from the established deadlines, a message published on the Kremlin website reads.

In April, the Russian Audit Chamber reported that the cost of the Central Ring Road increased from 13.5 billion ($ 205 million) to 313.27 billion ($ 4,764 billion) rubles, and the deadlines for the construction of the third and fourth sections were extended. Of the 62.6 billion rubles ($ 952 million) allocated from the National Welfare Fund, only 38.4 billion ($ 583 million) rubles actually were invested in construction of the Central Ring Road.

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