Near Total Financial Delegation in CPWD to Speed Up Project Implementation Financial Power of Regional Offices Enhanced from Rs.30 Cr to Rs.200 Cr 99 % of Tenders to be Finalized at Regional Level

In a major decentralization initiative, the power of accepting and approving tenders have been delegated to Regional Offices of Central Public Works Department (CPWD) to speed up implementation of projects. After an extensive review of factors resulting in delayed implementation of projects by CPWD, the Minister of Urban Development Shri M.Venkaiah Naidu has delegated to Regional Work Boards financial powers to accept and approve tenders up to a value of Rs.200 cr. This amounts to substantial decentralization given that the existing power of Regional Offices is to approve tenders up to only Rs.30 cr. Further to this delegation, only less than 1% of project proposals would come to the Central Works Board of CPWD.