Nepal, April 30 -- The government amended the Public Procurement Regulations (14th Regulation) about 14 months after revising the 13th Regulation. The official gazette published the amended regulation last Monday.

The amendment makes it easier for contractors to receive an extension of deadlines for projects that did not get an extension within the prescribed time due to various reasons. The revision allows contractors to extend the deadline again if they cannot complete the work within the newly added time frame, provided they meet certain conditions.

The 13th Amendment allowed an extension of the deadline one final time. During the extended period, if the work was not completed, a penalty of 0.05 percent of the total contract amount p...