ISLAMABAD, MAY 01 (DNA) – Capital Development Authority (CDA) has opened financial bids for first phase of development work in sector I-15.
Work would be awarded to lowest bidding firm after approval from competent authority. Instructions have been issued to complete codal formalities at fast pace so that initiation of development activities on the first phase could be started immediately.
CDA has reiterated its commitment to revive sector development and within one year not only PC-1 was approved but development work will be starting within few days on this project which was stuck for last fifteen years.
After completing pre-qualification process, directions were issued for immediate issuance of NITs for the first phase of development which was issued accordingly. The received financial bids have been opened earlier this week and approval from competent authority is being solicited for acceptance of bids and award of contract to lowest bidding firm.
The qualified firm would carry out complete infrastructure development including road infrastructure, drainage, sewerage, water supply, electrification and other amenities of phase 1.
Instructions have been issued to complete the further process at earliest so that initiation of development works in sector I-15 could be ensured at earliest.
The development of this sector would help add to the housing stock available in the city as well as the country. Roughly over 10,290 units of different categories will eventually be created here once entire process is completed. = DNA