The National Highway Authority (NHA) Executive Board has approved amendments in the prequalification procedure for awarding infrastructure projects by changing the technical expertise and financial capability ratios. According to the new measures, the concerned authority will award contracts for infrastructure projects to technically sound construction companies. NHA will pre-qualify the contractors based on projects and work considering Public Procurement Regulatory Authority (PPRA) rules and regulations.
According to the approved amendments, the ratio of technical expertise and financial capability which was determined as 70% and 30% previously, is now changed to 80% and 20% respectively. The contractors will now be required to provide bank guarantees instead of insurance guarantees and physical inspection of machinery, equipment, and technical staff availability will be conducted during the pre-qualification process.
All these measures aim to ensure the proper eligibility of contractors for the construction, extension, and repair of motorways and National Highways. These measures will also help to implement construction activities of the projects more effectively by eradicating delays and ensuring timely completion and quality construction of the infrastructure projects.
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