Second Rural Connectivity Investment Program - Tranche 1

Contracts approved for extension for valid reasons or due to force majeure should be allowed a price adjustment. Currently, price adjustment is applicable only within the intended completion date. However, some contracts have to be extended beyond their intended completion dates, e.g., during COVID-19. Based on the COVID-experience, it will be sound to consider allowing price adjustments for any contract approved for extension for valid reasons or due to force majeure. Amendments pertaining to this may be made to the standard bidding document.