NHA Executive Board meeting held in Islamabad

ISLAMABAD: July 7: The 400th meeting of the Executive Board of National Highway Authority was held today under the chairmanship of Chairman NHA, Capt (Retd) Muhammad Khurram Agha at NHA HQ. The National Highway Executive Board, in line with the vision of the Honourable Prime Minister of Pakistan, Muhammad Shahbaz Sharif approved a number of measures pertaining to the procurement process to award contracts to construction companies which are both technically and financially sound. These include measures to ensure improved eligibility of contractors for construction, extension and repair of motorways and National Highways. According to details, NHA will Pre-qualify contractors for all projects. Measures have further been added to enhance technical expertise and financial capability during pre-qualification. To be eligible for prequalification, the condition of past specific experience of construction of having executed similar projects for a contractor has been enhanced from 70% to 80% of the project cost. Further, contractors will now be required to provide bank guarantees instead of insurance guarantees. Physical inspection of machinery, equipment and technical staff availability will be conducted during the pre-qualification process and a certificate with evidence to that effect will be provided by the Planning Wing of NHA. PR