The Nepal Construction Entrepreneurs’ Federation has welcomed the government’s approval of the Special Price Adjustment Procedure 2083, describing the decision as a milestone for Nepal’s infrastructure sector. In a press statement issued on Monday, the federation thanked the government for addressing what it called a long-standing demand of construction entrepreneurs.
Federation calls approval a milestone
The federation, also known as Nepal Nirman Byabasayi Mahasangh, said approval of the procedure was an important step for construction businesses and the country’s infrastructure sector. It characterized the decision as a “kose dhunga,” or milestone, and acknowledged the government for acting on an issue the organization said had remained a concern for entrepreneurs.
The statement’s welcome centers on the shift from a provision in law to an approved procedure. According to the federation, price adjustment is already mentioned in the Public Procurement Act, but the new procedure puts that provision into implementation. The organization presented this move as the key significance of the government’s decision.
The federation did not describe the approval as introducing price adjustment for the first time. Rather, its statement emphasized that the concept had been included in the Act and that a procedure had now been approved to implement it. That distinction is central to the federation’s response: it welcomed the government for putting into effect a provision that had existed in the public procurement framework.
Long-standing demand addressed
In thanking the government, the federation framed the approval as a response to a long-standing demand from construction entrepreneurs. Its statement connected the decision to the concerns of businesses working in the construction sector, while identifying the broader infrastructure sector as a beneficiary of the milestone.
The approval of the Special Price Adjustment Procedure 2083 is therefore being welcomed by the federation not only as a formal government decision, but also as a step toward implementing the price adjustment provision already referenced in the Public Procurement Act. The statement did not provide further details about the procedure’s provisions, how it will be applied to individual projects, or when implementation will begin.
The federation’s response highlights the importance it places on turning a legal provision into an operational procedure. By welcoming the approval and thanking the government, the organization signaled support for the move while underscoring that implementation of price adjustment had been an outstanding demand among construction entrepreneurs.
For now, the federation’s public statement focuses on the approval itself and its significance for the sector. It describes the procedure as a milestone and links that assessment to the government’s action on the long-standing demand. Further practical details will depend on the approved procedure and its implementation, which were not outlined in the statement.
