Tag: cost inflation
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Cabinet Approves Comprehensive Infrastructure Pricing Framework to Curb Costs and Boost Transparency
Introduction: A Bold Step Toward Affordable Public Infrastructure The cabinet’s approval of a Comprehensive Framework for Infrastructure Projects Pricing marks a significant policy shift aimed at reducing cost inflation in public investments. By standardizing how projects are priced, the framework seeks to curb inflated estimates, improve transparency, and deliver better value for money for taxpayers.…
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Cabinet Approves New Infrastructure Pricing Framework to Curb Inflation and Boost Transparency
New Framework Aims to Transform Infrastructure Pricing The government has unveiled a Comprehensive Framework for Infrastructure Projects Pricing, a policy designed to tackle rising costs in public works while improving transparency and accountability. By standardizing how prices are set, reviewed, and revised across major projects, the framework seeks to deliver greater value for money and…
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Cabinet Approves New Infrastructure Pricing Framework to Curb Cost Inflation and Boost Transparency
New Framework Set to Redefine How Public Infrastructure Is Priced The government has unveiled a Comprehensive Framework for Infrastructure Projects Pricing, a policy package described by officials as a turning point in how public works are planned, priced, and delivered. Foregrounded objectives include reducing cost inflation, increasing transparency across procurement processes, and delivering better value…