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Enhancement of Allowable Range of Contract cost and Work Ceiling (12 Nov 2009)

The 52nd Meeting of Construction Development Board held on the 14th September 2009 has enhanced the Allowable Range of Contract Cost as follows with immediate effect:

  1. Class A - The allowable range starts from Nu. 19.0 million with no upper ceiling. They are allowed to undertake five works at a time as before subject to meeting the bid capacity criteria.
  2. Class B - Above Nu. 9.0 - upto 19.0 million and allowed to take up four works at a time subject to meeting the bid capacity criteria.
  3. Class C - Above Nu. 2.0 upto 9.0 million with three works allowed to be undertaken at a time subject to meeting the bid capacity criteria.
  4. Class D - Upto Nu. 2.0 million with no change in the number of works. (i.e only one work is allowed to take up at a time)