Cabinet nod to revise cost estimate for 1,000 rural bridges project

Friday, 10 July 2020 00:12 - - {{hitsCtrl.values.hits}}

The Cabinet of Ministers has approved a proposal by the Minister of Public Administration, Home Affairs and Local Government Janaka Bandara Tennakoon to revise two cost estimates for the construction of 1,000 bridges in rural areas using loan funds from the UK and the Netherlands.

Cabinet approval was given to revise the GBP 100 million original contract value of Phase II of the Rural Bridges project planned to construct 537 bridges to GBP 114.19 million while the other was to revise the Euro 105 million original contract value of Phase III of the project to build 463 bridges using Netherland loan funds to Euro 105.25 million.

The decision to revise the process was based on the recommendation of the Cabinet appointed standing Procurement Committee.

Under this project, 81 and 27 bridges have been built respectively at the original rates, including the rural bridges damaged by flood in 2017. However, considering the contract variations caused by the essential repairs in the flood-affected areas, the proposal was revised.

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