Construction Entrepreneurs Federation Demands 20% Advance Payment for Road Projects
Summary
The Federation of Contractors' Associations of Nepal demands the immediate and effective implementation of the 20 percent advance payment provision and inclusion of construction material details in bid documents for Department of Roads projects.
Key Points
- The Federation of Contractors' Associations of Nepal demands 20 percent advance payment for road construction projects be provided in a lump sum as per law.
- The Federation submitted a letter to the Director General of the Department of Roads regarding the advance payment issue.
- The Federation emphasized the need to include details of location and source of construction materials in bid documents as mandated.
- The Federation requested that contractors should not be pressured or forced to act against legal or contractual obligations.
- The Federation urged the Department of Roads to enforce these legal provisions effectively in project contracts.
_PNBQrVoYkk.jpg)