Sanral overpaid for e-toll build by at least 116%, new report says

Sanral allegedly overpaid by at least 116% for the Gauteng Freeway Improvement Project (GFIP), a report benchmarking the cost of the project showed upon release on Monday. The project, which cost R17.9bn and saw the introduction of electronic tolling for Gauteng motorists, will now prompt a new campaign to ensure the costs of road construction are better policed, lobby group the Organisation for Undoing Tax Abuse (Outa) said on Monday. The group rejected a recent settlement between the government and construction firms, saying it wanted to see a commission of inquiry into collusion in the sector established. The government and seven construction firms reached an agreement in October 2016 that included a R1.4bn fine based on the findings of a Competition Commission inquiry, further commitment to transformation in the industry and a R1.5bn commitment to support social development.  Using three separate methodologies for benchmarking the cost of the project, Outa estimated that the fai...

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