You are here: Home » News-CM » Economy » News
Business Standard

Ministry of Road Transport & Highways to implement Value Engineering Programme to promote use of new technologies, materials, equipment in highways

Capital Market 

The Ministry of Road Transport and Highways, has decided to implement a Value Engineering Program which will promote the use of new technologies, materials, and equipment in all projects executed either under PPP mode or public funding mode. The objective is to keep pace with the evolution of new and innovative technologies, materials and equipment in construction of projects, while simultaneously enhancing the strength, capacity, durability, and performance of the structure, reducing environmental footprint and ensuring cost effectiveness based on life cycle cost approach. The Value Engineering Programme is expected to increase speed of construction, reduce construction cost, increase asset durability and improve aesthetics and safety.

A National Panel of Experts (NPE) has been constituted for resolving the technical issues which arise as a result of differences in views between engineers and concessionaires/contractors regarding implementation of new and innovative technologies, materials and equipment for National projects. The NPE will also decide about the need for field trials of any new or innovative technology/materials/ equipment before its adoption. In addition to this, the NPE will also finalize associated design approaches, construction methodologies/sequences as well as the relevant specifications/codes/ guidelines so that the contractor may use the proposed new/alternative materials/technologies/ equipments in project highway.

Powered by Capital Market - Live News

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Mon, October 09 2017. 12:09 IST
RECOMMENDED FOR YOU
RECOMMENDED FOR YOU