Monday, April 15, 2024

88.32 Billion PKR Cost of Construction for Kharrian-Rawalpindi Motorway Recommended by National Highways Authority

The cost of construction for the 4 lane Kharrian-Rawalpindi Motorway while having structure of 6 lanes in PC-I has recently been recommended at PKR 88.32 Billion by the NHA- National Highway Authority Executive Board.

According to the sources, it is recommended for the Central Development Working Party- CDWP’s consideration. However, the Executive Board has instructed that for the project of motorway’s construction the basis of PPP/BOT will be set and the local along with the international investors or bidders would be invited via the RFP- Request for proposal.

Moreover, the board also stated in the clause of ‘Instructions to Bidder’ that any local or international bidder must have experience of PPP projects that were executed successfully.

The agreement of ‘Design Review and Construction Supervision for Dualization of Quetta Western Bypass- 22.7 km’ has also been approved by the NHA Executive Board to the PEAS Consulting Pvt. Ltd where PKR 55.672 million has been set as the total value of contract.

The cost of construction has been recommended by the NHA Executive board on the basis of evaluation of the bid price that was set at PKR 7.498 Billion along with the voluntarily rebate of 3.86% by the Jiangsu Haitong Construction Engineering Co. Ltd. However, with the continuous efforts of the company the final bid price sets at PKR 7.208 Billion that is 24.62%.

However, on the basis of CSR-2014 and other conditions of security, the final bid price is also below the estimated price by the engineers PKR 9.56 Billion.

Mehjabeen Qasim
Mehjabeen Qasimhttps://startuppakistan.com.pk/
Business Journalist at Startup Pakistan

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