Section 12
Procurement Of Public Construction Works From Native Construction Entrepreneur And Construction Entrepreneur In Joint Venture
(1) Notwithstanding anything contained in the prevailing law, any public construction works mentioned in an international competitive bidding may be procured from the following construction entrepreneur in the following circumstances:
(a) despite that the total contract price quoted in the bidding by a construction entrepreneur wholly owned by a Nepalese citizen or by a construction entrepreneur licensed under joint venture with a foreign construction entrepreneur with at least fifty percent of share owned by the Nepalese citizen or by a construction entrepreneur making a joint venture agreement with a foreign construction entrepreneur with at least fifty percent of share owned by the Nepalese citizen is higher by a maximum of seven and half percent than the total contract price quoted in the bidding by a foreign construction entrepreneur, the entrepreneur making such bidding.
(b) despite that the total contract price quoted in the bidding by a construction entrepreneur licensed under joint venture with a foreign construction entrepreneur with at least twenty five percent of share owned by the Nepalese citizen or by a construction entrepreneur making a joint venture agreement with a foreign construction entrepreneur with at least twenty five percent of share owned by the Nepalese citizen is higher by a maximum of five percent than the total contract price quoted in the bidding by a foreign construction entrepreneur, the entrepreneur making such bidding. (2) Any public construction works valued at a maximum of sixty million rupees shall be procured from a Nepalese construction entrepreneur.
(a) despite that the total contract price quoted in the bidding by a construction entrepreneur wholly owned by a Nepalese citizen or by a construction entrepreneur licensed under joint venture with a foreign construction entrepreneur with at least fifty percent of share owned by the Nepalese citizen or by a construction entrepreneur making a joint venture agreement with a foreign construction entrepreneur with at least fifty percent of share owned by the Nepalese citizen is higher by a maximum of seven and half percent than the total contract price quoted in the bidding by a foreign construction entrepreneur, the entrepreneur making such bidding.
(b) despite that the total contract price quoted in the bidding by a construction entrepreneur licensed under joint venture with a foreign construction entrepreneur with at least twenty five percent of share owned by the Nepalese citizen or by a construction entrepreneur making a joint venture agreement with a foreign construction entrepreneur with at least twenty five percent of share owned by the Nepalese citizen is higher by a maximum of five percent than the total contract price quoted in the bidding by a foreign construction entrepreneur, the entrepreneur making such bidding. (2) Any public construction works valued at a maximum of sixty million rupees shall be procured from a Nepalese construction entrepreneur.