Price Escalation. The price for construction materials rose sharply during implementation due to the global economic downturn. The delays in project implementation made this problem more serious. The decisions to approve the escalation took a long time due to the extremely high amounts. All such decisions need to be made quickly in accordance with the given contract clauses.
Project Name
North-West Frontier Province Road Development Sector and Subregional Connectivity Project
Project Number
36052-013
Report Date
Report Source
Self-evaluation
Country