Minister Lamsal: E-Bidding to Resume by October, Addresses Construction Material Price Hikes
Summary
E-bidding will resume by October after Nepal’s electronic procurement system is upgraded following security concerns and loss of trust from donor agencies. Infrastructure Development Minister Sunil Lamsal also said construction entrepreneurs will get relief over sharp material price hikes, with policy reforms planned to prevent future delays.
Key Points
- Infrastructure Development Minister Sunil Lamsal said e-bidding will be operational by October after the procurement system is upgraded.
- He said the old electronic procurement system faced security issues and had lost the confidence of donor agencies such as the ADB and the World Bank.
- Construction material prices have risen by up to 100 percent, and the government says it is preparing relief measures for contractors.
- The ministry says policy reforms are being made to avoid legal hurdles and improve timely completion of projects in the future.
