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KATHMANDU, Nov 29: There are ongoing moves to snatch a contract worth Rs 25 billion for the construction of the fast track connecting Kathmandu with Terai/Madhesh, which has been initiated by the Nepal Army. Taking advantage of the 'legal loopholes' in the tender called by the army, a number of construction companies are lobbying to win the contract by influencing high-ranking government officials.
A Ministry of Finance overview shows that the number of public procurements, as well as the total sum and contested procurements all went up in the previous year. The volume of public procurements increased by more than €800 million during the pandemic when compared to the previous year.