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    Project Progress Report 280922

    Uploaded by

    Kein Kep
    The Queensbond Facility Development Project in Konedobu, NCD is progressing with preliminary works underway. Geotechnical investigations have been completed and surveying contractors have been selected. The Request for Tender and design drawings have been submitted to the National Procurement Commission for review. Concerns have been raised that the budget of K5 million allocated in 2019 does not reflect current economic conditions due to high inflation. An updated Bill of Quantities is being developed and discussions will be held with relevant organizations to address potential funding shortfalls that could disrupt the project schedule.

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    Project Progress Report 280922

    Uploaded by

    Kein Kep
    43 views2 pages
    The Queensbond Facility Development Project in Konedobu, NCD is progressing with preliminary works underway. Geotechnical investigations have been completed and surveying contractors have been selected. The Request for Tender and design drawings have been submitted to the National Procurement Commission for review. Concerns have been raised that the budget of K5 million allocated in 2019 does not reflect current economic conditions due to high inflation. An updated Bill of Quantities is being developed and discussions will be held with relevant organizations to address potential funding shortfalls that could disrupt the project schedule.

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    Project report

    Original Title

    PROJECT PROGRESS REPORT 280922

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    The Queensbond Facility Development Project in Konedobu, NCD is progressing with preliminary works underway. Geotechnical investigations have been completed and surveying contractors have been selected. The Request for Tender and design drawings have been submitted to the National Procurement Commission for review. Concerns have been raised that the budget of K5 million allocated in 2019 does not reflect current economic conditions due to high inflation. An updated Bill of Quantities is being developed and discussions will be held with relevant organizations to address potential funding shortfalls that could disrupt the project schedule.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    43 views2 pages

    Project Progress Report 280922

    Uploaded by

    Kein Kep
    The Queensbond Facility Development Project in Konedobu, NCD is progressing with preliminary works underway. Geotechnical investigations have been completed and surveying contractors have been selected. The Request for Tender and design drawings have been submitted to the National Procurement Commission for review. Concerns have been raised that the budget of K5 million allocated in 2019 does not reflect current economic conditions due to high inflation. An updated Bill of Quantities is being developed and discussions will be held with relevant organizations to address potential funding shortfalls that could disrupt the project schedule.

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    © All Rights Reserved
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    Download as docx, pdf, or txt
    of 2

    SPECIAL PROJECTS DIVSION

    PROJECT PROGRESS REPORT


    QUEENSBOND FACILITY DEVELOPMENT PROJECT – KONEDOBU, NCD
    28th September 2022

    1. COMPLETION

    Design & Drawings APPROVED by Physical Planning & Building Board

    2. IN PROGRESS
    PRELIMINARY WORKS

    Geotechnical Investigations – Contractor engaged and field work completed on 23 rd Sept 2022. Currently
    awaiting lab testing and report to be produced with findings and recommendations to Project desk by 30 th Sept
    2022.

    Detailed Surveying – Contractor selection compete. Awaiting payment for contractor to carry out surveying
    works. Key areas of survey include boundary survey, topographic & Datum survey and locating of old marks and
    reinstallation of pegs.

    NATIONAL PROCUREMENT COMMISSION (NPC) PROGRESS:

     Draft Request for Tender (RFT) and Design Drawing submitted to NPC for review. Design/Drawings have
    been approved for use by NPC.
     RFT document is in discussions and going through some amendments.
     Bill of Quantities (BOQ) to be redone since last BOQ was done in 2019, therefore due to high inflation
    and increase in prices of goods and services BOQ does not reflect current economic environment.
    PNGCS Project desk is sourcing qualified contractor (Building/Construction cost estimator) to do a BOQ –
    in Progress.
     Next Steps – Letter to APCC Secretariat to be progressed by PNGCS Projects Division.
    Legal Clearance from State Solicitor to be advised by NPC.

    MAIN CONCERN

    Bid submission to Department of National Planning & Monitoring (DNPM) for 2023 was K5 million Kina. This budget
    value was determined back in 2019 or so and does not take into consideration the effects of inflation from (2019-2022),
    hence is not representative of current economic conditions. Project desk has raised this concern with DNPM and NPC
    and are currently in discussions. Main concern raised is disruption to project once project is underway due to
    lack/inefficient funding which will cause interruption to the project schedule.
    SPECIAL PROJECTS DIVSION

    FORWARD PLAN

    1. Develop BOQ by independence professional contractor (1 Week after funding is approved)


    2. Confirm funding allocation from DNPM which is in November
    3. If there is a difference in the cost to carry out the project successfully (which is expected), PNGCS to convene
    meeting with NPC on how best to reduce/minimize disruptions on project so there is continuity in project
    schedule.
    4. Write to APCC Secretariat requesting to pre-commit new tender and advise of funding discrepancy between
    current funding and yet to commit funding to successfully complete project.

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