Islamabad: The National Highway Authority (NHA) on Thursday (July 07) updated the pre-qualification criteria for companies to award contracts, news sources reported. The authority changed the ratio of technical skill to financial capabilities from 70%-30% to 80%-20%.
Reportedly, the decision to amend the pre-qualification criterion was made during the 400th meeting of the National Highway Authority’s Executive Board, which was led by NHA Chairman Capt (Retd) Muhammad Khurram Agha. As per the meeting decision, companies participating in the NHA contract award will now have to meet the following requirements for successful bidding:
Instead of insurance guarantees, contractors will now be required to provide bank guarantees.
To establish capacity, NHA will physically check all participating enterprises’ machinery, equipment, and technical personnel availability.
To assure the quality of the work, third-party ground validation will be performed.
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