Wangdi Gyeltshen, Executive Director, Construction Development Board, said that Construction industry is the oldest industry of
Wangdi Gyeltshen said that the new system would nil the possibility of making any “guesstimate” on the part of the bidder. Earlier, government officials used to reward projects to the contractors with the lowest bid but often they failed to complete the project in time. Under this new system, contracts would not be awarded based on highest or lowest bidding but to contractors who would come up with innovative and efficient systems to complete projects.
Officials of the Human Settlement Ministry said that the resistance to the reform came from a small group of contractors and none of them from the top construction companies in the country. In the last consultation meeting, about 55 participants appeared and there were no representatives from the top contractors of the country.