RAWALPINDI: The Government of Punjab has dismissed the Frontier Works Organization (FWO)’s development plan for the Rs50.1 billion Ring Road project and agreed to launch work by competitive bidding, attracting more businesses.
A senior district official told Dawn that the Public Private Partnership Authority announced the ‘non-response’ submitted by the FWO to the unsolicited project proposal for the Rawalpindi Ring Road and agreed to drive the project forward via a solicited project proposal.
“This was agreed at the fourth meeting of the Policy and Monitoring Board of the Authority in Lahore with Punjab Chief Minister Sardar Usman Buzdar last month and the decisions of the meeting were conveyed to retired Rawalpindi Commissioner Capt Mohammad Mehmood and Director General Ammara Khan of the Rawalpindi Development Authority (RDA) on Tuesday,” he added.
Act on beginning with free bidding
He claimed that, according to the decision, the RDA is approved to create, within three months, a requested project plan for the Ring Road project on a fast-track basis.
Nevertheless, he said, the RDA has been asked to make efforts as early as possible to complete the programme.
Due to its experience and competence in this area, the Lahore Ring Road Authority (LRRA) will be the implementation entity at the beginning of the project under a public-private partnership.
However, through its transaction advisor, the RDA will build the project, thus bringing the LRRA into trust, he said.
“In order to expand its scope to conduct similar interventions throughout the province, the LRRA will change its name to Punjab Ring Road Authority, though legal formalities will be met in this regard,” he added.
Act to start with free bidding
He said that, according to the ruling, the RDA was allowed to draw up, on a fast-track basis, the requested project plan for the Ring Road project within three months.
Nonetheless, he added, the RDA was asked to make an attempt to finish the programme as early as possible.
The Lahore Ring Road Authority (LRRA) will be the execution body at the beginning of the project under a public-private partnership because of its expertise and competence in this field.
The RDA would develop the project, however, through its transaction advisor, thus taking the LRRA into trust, he said.
“The LRRA will change its name to Punjab Ring Road Authority in order to extend its scope to carry out similar initiatives in the region, while legal formalities will be followed in this regard,” he said.
A senior official from the RDA said when approached that the authority was still working on the project and it will be finished shortly. He said the purchase of land for the project had began.
Published in Dharti News, November 4th, 2020