Government through the Central Housing and Planning Authority (CH&PA) will be fast-tracking the development of two new housing schemes on the East Bank of Demerara, following the signing of several contracts on Tuesday at the agency’s Brickdam, Georgetown office.Seven firms were awarded with contracts to complete roads, drains, culverts and other infrastructure works at the Peter’s Hall – Phase 2 – and Providence – Phase 4 – housing schemes. The contractors for the project are Chung’s Global Enterprise, Guy-America Construction, Eron Lall Civil Engineering Works, Colin Talbot Contracting Services, H Nauth and Sons, KB and B Contractors and Romell Jagroop General Construction.CEO of CH&PA, Lelon Saul (Centre) and Projects Director, Omar Narine (right) with the contractors (standing with their contracts in hand)Central Housing and Planning Authority (CH&PA) Chief Executive Officer (CEO) Lelon Saul said on completion of the works, 368 persons will be issued with house lots in these new schemes in November. The investment for this critical housing project is $545.8 million.Saul noted that these contractors were selected through a fair and open tender process. “Those who would have satisfied the requirements were evaluated and were deemed suitable to execute the work. The process was overseen by the National Procurement and Tender Board,” he said.The CH&PA CEO also urged the contractors to ensure the works are completed in a timely manner. “I trust that you will adhere to the terms and conditions of the contract which you signed. If you fail to do so, as an agency, we will be forced to take appropriate actions,” Saul said to the contractors on Tuesday.Director of Projects at the CH&PA, Omar Narine, said he was confident that the projects will be completed on time as some of the contractors have done work for the agency previously. He also revealed that works will begin in June and are expected to be completed within next five months. According to him, there will be construction of 5.4km of crusher-run roads, construction of 10.4 earthen drains, construction of 47 concrete culverts, and insulation of 5.4km pure water distribution network.In January, $1 billion was put towards general infrastructure works at Peter’s Hall and Providence on the East Bank Demerara (ECD) and Cummings Lodge in Greater Georgetown. These works also included construction of roads, drainage, land preparation and the installation of electrical distribution networks.Meanwhile, the development of two lots at the Perseverance Phase III housing scheme, which began in 2017, is expected to be completed this year. In 2017, works were completed in Section B and D Non Pariel, East Coast Demerara, Farm Phase II East Bank Demerara, and Zeelugt Phase III East Bank Essequibo.