Print Edition - 2014-12-16 | MONEY
Ministry all set to pick road projects
- multiyear contract system
Dec 15, 2014-
The budget for this fiscal year states at least one road will be constructed on the basis of multiyear contracts in each electoral constituency where there is no year-round transportation.
MoPTI Secretary Tulasi Prasad Sitaula said the ministry has received several recommendations from lawmakers, and would take a decision within a week. “I have not counted how many proposals have been submitted, but I expect 100-150 projects will be selected.”
The government introduced the multiyear contract system for big projects to fast-track implementation. Under the system, a project should not call tender repeatedly once the contract is awarded to a contractor. A decision on implementing the system was taken after lawmakers demanded Rs 50 million for each constituency to intensify development activities.
Physical Infrastructure Minister Bimalendra Nidhi said the multiyear contract system would help expedite project construction.
“An absence of the multiyear contract system and shortage of construction materials, among others, resulted in slow progress of projects,” Nidhi said, speaking at the Parliamentary Development Committee meeting here on Monday.
Published: 16-12-2014 09:34