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The Allowable Range of Contract cost and Work Ceiling Increased,,

The Allowable Range of Contract cost and Work Ceiling Increased.

The CDB Board during recent 52nd Board Meeting approved and increased the allowable work value of contracts for all Class of contrators, this is in keeping view of the inflation rate of the contract cost.

1. For Petty (D) the contract range is increased to 2m.
2. For Class C the contract range is increased to 2m - 9m.
2. For Class B the contract range is increased to 9m - 19m.
2. For Class A the contract range is above 19 m with no upper ceiling.

Further the the work ceiling for class B is increased to 4(four) works at a time subject to meeting the bid capacity criteria.

September 5, 2010
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