Offsetting weakness in low bids. ADB's introduction of a stronger performance security requirement to the standard national competitive bidding (NCB) document for works after slow performance by the initial contractors proved effective in preventing similar problems in later subprojects. The new requirement weeded out bidders whose bids were too low to actually cover the costs of an adequate delivery of works.
Project Name
Hunan Flood Management Sector Project
Project Number
37641-013
Report Date
Report Source
Self-evaluation
Country
Sector