SCT approves 386 projects at YR230 bln
The Source: sabanews.net - 24/08/2009
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Chairman of the Supreme Committee for Tenders (SCT) Mohammed al-Junaid said on Monday that the committee has approved tenders for 286 development projects across the country at a cost of YR 230.4 billion.
The set projects are part of a total of 504 tenders estimated at YR393.5 billion submitted to the committee since 2008 till the end the first half of 2009, he said.Al-Junaid pointed out that the committee approved to re-announce 116 tenders totaled at YR133.9 million due to the incomplete legal procedures during the same period.He added that the committee has achieved a big role in the field of tenders system reform and improving economic performance, in addition to benefiting from foreign funds for development projects.Al-Junaid affirmed that the committee will not consider any tender if not in compliance with all the legal procedures.He welcomed the formation of the higher authority responsible for supervising tenders to ensure commitment to applying the set procedures at different levels.
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