Muscat: Oman Society of Contractors (OSC), the umbrella body of construction firms in the Sultanate, has urged the government to reimburse additional cost arising from a recent mandatory rise in minimum wage of Omani workers with effect from July.
The demand is for meeting the cost escalation of ongoing projects, which were initially estimated on the basis of the existing minimum wage of Omani workers at OMR220, which has now been raised by OMR105 to OMR325.
"The contractors are asking to protect them from any financial damage. Any additional cost, which is arising from this decision, has to be reimbursed by the government or by the clients who have awarded the contract," Dr P. Mohammed Ali, Chairman of Oman Society of Contractors (OSC), told journalists, while addressing a media briefing.
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