Contract Monitoring

CGF strives to provide facilities to Contractors without obtaining collateral from them. In order to safeguard the interests of the CGF and so to minimize the risk, one of the methods adapted by CGF is to closely supervise and monitor the project during its lifetime. Accordingly, a model has been developed by CGF to monitor the project performance via its district wide monitoring officers, while maintaining and monitoring the financial discipline of the Contractor in respect of the particular project, via funneling the project related funds via the CGF nominated Bank accounts and disbursing the funds according to project performance.