January 17, 2022 real estate

Infrastructure tenders studied


KUWAIT CITY, Jan 16: The Acting Undersecretary of the Ministry of Public Works Eng Walid Al-Ghanim has issued decisions to form committees to study bids for three tenders related to infrastructure improvement works in the areas of Surra, Qurtoba and Yarmouk, reports Al-Qabas daily. According to the decisions, each committee will have nine specialists from the ministry, with each evaluating the bids received from the Central Agency for Public Tenders (CAPT) and referred from the procurement committee in the ministry. The committee will submit an integrated financial study and submit its own recommendation within two weeks of the formation of the committee.

The three tenders are part of the 11th phase of the country’s infrastructure development plan. It includes replacing the sewage and rainwater drainage networks and many other services in each area with the aim of raising their efficiency and improving their performance. According to informed sources, the three tenders were supposed to be included in the budget for the current fiscal year of 2021/2022 to end in the 2023/2024 fiscal year, but the offering procedures were delayed due to the exceptional circumstances in light of the COVID-19 pandemic and the lack of liquidity during the last period.

The total estimated budget for the three tenders, according to the ministry’s previous plan, amounted to about KD 60 million, of which KD 15 million is for the renewal of infrastructure in Yarmouk area, KD 20 million for Qortoba, and KD 25 million for Surra area, each of which is distributed over a period of three years, which is the period for the execution of each tender after it is awarded.

arabtimesonline



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