{"id":65024,"date":"2020-05-04T15:43:17","date_gmt":"2020-05-04T10:43:17","guid":{"rendered":"https:\/\/www.zameen.com\/news\/?p=65024"},"modified":"2020-05-04T15:43:18","modified_gmt":"2020-05-04T10:43:18","slug":"cda-receives-attractive-bid-for-sector-i-15-3-development","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/cda-receives-attractive-bid-for-sector-i-15-3-development.html","title":{"rendered":"CDA receives attractive bid for Sector I-15\/3 development; awaits final approval"},"content":{"rendered":"\n<p>Islamabad: The Capital Development Authority (CDA) has received an attractive bid for the development of Sector I-15\/3 that is 25% lower than the formerly estimated total sum of PKR 1.1 billion required for the project, according to news sources.<\/p>\n\n\n\n<p><strong>Read:<\/strong> <a href=\"https:\/\/www.zameen.com\/news\/cda-dvc-approves-designs-for-9-commercial-buildings.html\" target=\"_blank\" rel=\"noreferrer noopener\">CDA-DVC approves designs for 9 commercial buildings<\/a><\/p>\n\n\n\n<p>The officials of the civic agency revealed that the lowest bid had been submitted by a construction firm called NMK. They added that due to the ongoing pandemic situation in the country, most contractors had been submitting low bids. However, a senior CDA official remarked that the authority would be increasing its \u2018performance and bank guarantee of the contractor\u2019 in order to ensure that a proper binding contract was awarded in the end.<\/p>\n\n\n\n<p><strong>Read:<\/strong> <a href=\"https:\/\/www.zameen.com\/news\/park-enclave-ii-pc-1-to-be-tabled-before-cda-dwp-this-week.html\" target=\"_blank\" rel=\"noreferrer noopener\">Park Enclave II PC-1 to be tabled before CDA-DWP this week<\/a><\/p>\n\n\n\n<p>The CDA had opened the financial bids for the project earlier this week and an approval from the concerned authorities was being awaited for the final acceptance of bids and awarding of contracts. The construction firm chosen is expected to be tasked with the complete infrastructural development of the first phase of the Sector I-15\/3. The scope of the work will include the construction of road infrastructure, drainage, water supply, sewerage, electrification and other basic amenities.<\/p>\n\n\n\n<p>The CDA has decided to finalise this process at the earliest in order to launch the development work as soon as possible. As per the official press release, the development of <a href=\"https:\/\/www.zameen.com\/news\/cda-completes-prequalification-for-sector-i-15.html\" target=\"_blank\" rel=\"noreferrer noopener\">Sector I-15 <\/a>will enhance the city\u2019s housing stock and will create 10,290 new housing units of various categories in the locale.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Islamabad: The Capital Development Authority (CDA) has received an attractive bid for the development of Sector I-15\/3 that is 25% lower than the formerly estimated total sum of PKR 1.1 billion required for the project, according to news sources. Read: CDA-DVC approves designs for 9 commercial buildings The officials of the civic agency revealed that the lowest bid had been submitted by a construction firm called NMK. They added that due to the ongoing pandemic situation in the country, most contractors had been submitting low bids. However, a senior CDA official remarked that the authority would be increasing its \u2018performance and bank guarantee of the contractor\u2019 in order to ensure that a proper binding contract was awarded in the end. Read: Park Enclave II PC-1 to be tabled before CDA-DWP this week The CDA had opened the financial bids for the project earlier this week and an approval from the concerned authorities was being awaited for the final acceptance of bids and awarding of contracts. The construction firm chosen is expected to be tasked with the complete infrastructural development of the first phase of the Sector I-15\/3. The scope of the work will include the construction of road infrastructure, drainage,&hellip;<\/p>\n","protected":false},"author":75,"featured_media":60265,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[15013,20385],"tags":[21514,27986,27985],"persona":[],"class_list":{"0":"post-65024","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-construction","8":"category-development-projects","9":"tag-capital-development-authority-cda","10":"tag-development-of-stalled-sectors","11":"tag-sector-i-15-3-development","12":"cat-15013-id","13":"cat-20385-id"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>CDA receives attractive bid for Sector I-15\/3 development - Zameen News<\/title>\n<meta name=\"description\" content=\"CDA has received an attractive bid for the development of Sector I-15\/3 that is 25% lower than the formerly estimated total sum of PKR 1.1 billion required for the project\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.zameen.com\/news\/cda-receives-attractive-bid-for-sector-i-15-3-development.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"CDA receives attractive bid for Sector I-15\/3 development - Zameen News\" \/>\n<meta property=\"og:description\" content=\"CDA has received an attractive bid for the development of Sector I-15\/3 that is 25% lower than the formerly estimated total sum of PKR 1.1 billion required for the project\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.zameen.com\/news\/cda-receives-attractive-bid-for-sector-i-15-3-development.html\" \/>\n<meta property=\"og:site_name\" content=\"Pakistan Real Estate News &amp; Pakistan Property News &amp; Latest Updates - Zameen News\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/ZameenPK\" \/>\n<meta property=\"article:published_time\" content=\"2020-05-04T10:43:17+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2020-05-04T10:43:18+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2020\/01\/CDA-1.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1170\" \/>\n\t<meta property=\"og:image:height\" content=\"400\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Hazafa Hasan\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@ZameenProperty\" \/>\n<meta name=\"twitter:site\" content=\"@ZameenProperty\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Hazafa Hasan\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"CDA receives attractive bid for Sector I-15\/3 development - Zameen News","description":"CDA has received an attractive bid for the development of Sector I-15\/3 that is 25% lower than the formerly estimated total sum of PKR 1.1 billion required for the project","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.zameen.com\/news\/cda-receives-attractive-bid-for-sector-i-15-3-development.html","og_locale":"en_US","og_type":"article","og_title":"CDA receives attractive bid for Sector I-15\/3 development - Zameen News","og_description":"CDA has received an attractive bid for the development of Sector I-15\/3 that is 25% lower than the formerly estimated total sum of PKR 1.1 billion required for the project","og_url":"https:\/\/www.zameen.com\/news\/cda-receives-attractive-bid-for-sector-i-15-3-development.html","og_site_name":"Pakistan Real Estate News &amp; 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