NHA Okays Revised PC-1 For CAREC Projects Worth Rs. 30 Billion

The National Highway Authority (NHA) Executive Board recommended the revised PC-I for Central Asia Regional Economic Cooperation (CAREC), Corridor Development Program, Tranche-1 projects at a revised cost of Rs. 29.966 billion, which is 42.42 percent over and above the approved/rationalized PC-I cost (Rs.21.041 billion) for approval of Central Development Working Party/Executive Committee of National Economic Council (ECNEC). Official documents revealed that Board also deliberated upon PC-I for KKH Phase-II (Thakot to Raikot) (Length: 241 Km) China – Pakistan Economic Corridor (CPEC). The NHA Executive Board directed to resubmit “PC-I for KKH Phase-II (Thakot to Raikot) (Length: 241 Km) CPEC” after verification/vetting from the Ministry of Transport, China. The Board further directed as follows: The NHA Executive Board approved the revision in monetary limit for the Tender Opening & Evaluation /Tender Acceptance Committee of RMA Works. The Board also approved authorities for acceptance of bids pertaining to procurement of RMA works under the provision of Clause-10 of Chapter-3 Volume-I, Tendering Process i.e. prior approval of the next higher authority in the following cases: