Dhaka, July 22 -- The Cabinet Committee on Government Purchase (CCGP) on Wednesday approved a proposal to increase the cost of constructing a 10-storey administrative building under the "Further Development of Rajshahi University of Engineering and Technology (2nd Revised)" project by Tk 7.34 crore.

The recommendation came at a meeting of the CCGP chaired by Finance Minister Amir Khosru Mahmud Chowdhury at the Secretariat.

According to an official decision, the committee recommended approving a variation of Tk 7,33,69,389, representing a 19.42 percent increase over the original contract value.

The original contract for the construction package (Package No. RUET/FDRUETP/W/2020-2021/08; Tender ID: 575510) was awarded at Tk 37.77 crore. ...