KATHMANDU, Feb. 29 -- The government is preparing to extend the contracts of projects that have failed to complete the work on time. The government has approved the 13th amendment to the Public Procurement Regulation, 2080, and has legally opened the way to extend the deadline for projects that contractors have not completed on time. The government reportedly amended the regulations under pressure from construction entrepreneurs.

It is said that the government has amended the regulations to help extend the contract period of more than 1,000 projects that have not been completed within the stipulated time.

Contractors of projects related to infrastructure such as road, irrigation, buildings, urban development, and electricity projects wi...