MCA-Nepal is working closely with the Ministry of Finance, the Millennium Challenge Corporation (MCC), and its Board of Directors toward the successful relaunch of its procurement of construction works for transmission line under the Electricity Transmission Project of the MCC Nepal Compact.
In line with its commitment to transparency and fiscal responsibility, MCA-Nepal has made public a detailed guide to its procurement process and standards, as well as the results of the recent transmission line procurement. Following the opening of financial proposals of submitted bids in September 2023, MCA-Nepal determined that the prices hugely exceeded the estimation made for the transmission line packages. To facilitate the timely relaunch of the transmission line procurement process, MCA-Nepal promptly notified bidders of its decision to reject submitted bids on the basis of cost.
MCA-Nepal is the Government of Nepal entity within the Ministry of Finance responsible for implementing the Compact. As responsible stewards of public funds, MCA-Nepal will ensure that the resources allocated under the Compact maximize value for the country.
MCA-Nepal, recognizes the urgency to implement the Electricity Transmission Project and is working closely with Ministry of Finance, MCA-Nepal’s Board of Directors, and MCC to address the complex technical, social accountability, and regulatory components of the procurement relaunch while exploring all viable avenues for expediting the procurement timeline.
MCA-Nepal remains committed to ensuring the transmission lines are built on time, within budget, and in accordance with MCA-Nepal and MCC’s environmental and social standards and will share updates on the next steps as plans are confirmed.
