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The Kerala Financial Corporation (KFC) will now be able to issue performance guarantee for public works.
It promises safer roads that boast international standards and a construction process that is transparent and corruption-free, the Chief Minister’s Office said.
A few relatives are still at home and the family is yet to recover from the shock of their son’s untimely demise in the ‘death pits’ of the Palarivattom- Kakkanad Road.
The residents and shop owners along the stretch have been witnessing such mishaps for a long time.
PWD executive engineer said due to the recent rains in Kochi, the workers are not able to continue their works on the Palarivattom- Kakkanad stretch.
According to the Collector, if any mishaps occur due to the poor condition of roads, legal action will be initiated against the Assistant Engineers, contractors and other officers.
A study tabled by PWD Minister G Sudhakaran in the state Assembly on September 29, 2016 had hinted at the existence of an unholy alliance between big contractors and senior officers in the PWD.
The cost of building roads, bridges and culverts, which were damaged, has been revised upwards to Rs 10,000 crore from the preliminary estimate of Rs 5,815 crore after the final damage analysis.