Govt gets all 4 bid winners to slash prices | Bangkok Post: news

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Govt gets all 4 bid winners to slash prices

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The government has successfully talked all four winning bidders into slashing prices in the water and flood management scheme and will sign loan contracts with them this month. 

The negotiations, which ended on Thursday, have turned out "satisfactory" as both the government and the contractors have agreed on new prices, Prime Minister's Officer Minister Niwatthamrong Bunsongphaisan said.

Speaking after a meeting of the Water and Flood Management Commission yesterday, Mr Niwatthamrong refused to disclose the new prices, saying only that the money saved will still be spent on the scheme to ease the financial burden.

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