CDA awards contract for development of Sector I-15.

ISLAMABAD -- Capital Development Authority (CDA) has awarded the first phase of development work at Sector I-15 at 25% below the estimated cost. The work has been awarded to lowest bidder i.e. M/s Niaz and Brothers. Letter of acceptance in this regard was issued earlier while letter of commencement to this affect has also been issued.

NIT of the first phase of development work in sector I-15 was Rs1128 million, however, after transparent and healthy competition among the bidders work has been awarded 25% below estimated cost. Now, it will be carried out with a cost Rs862 million.

The sector I-15 was launched nearly two decades ago particularly to accommodate low income citizens. However, despite the allotment of plots no step regarding its development was taken since its launch. The incumbent management of CDA in...