Kuwait’s CAPT issues resolutions for construction services
Kuwait’s CAPT issues resolutions for construction services
Two new resolutions on the classification rules of general contractors and consultancy services have been issued by Kuwait’s Central Agency for Public Tenders (CAPT).
According to a report by Kuwait News Agency (KUNA), companies are now divided into construction contractors, building works, mechanical works and electrical works.
According to Shoaa Akbar, Secretary-General at CAPT, Law No 49 of 2016 on public tenders is aimed at classifying companies, whether public companies or consulting firms, and the new resolutions define the criteria for classification.
Akbar explained that the first resolution was devoted to the rules and procedures of classification criteria for consultancy services, while the other was allocated to the rules, procedures and criteria for the classification of public contractors. Additionally, she said that contractors were categorised financially, while CAPT set the rules for technical criteria for contractors’ classification.
The rules of the new criteria are said to include the contractor’s experience, years of work and all technical requirements. Contractors are divided into four segments according to the main specialties: construction contractors, building works, mechanical works and electrical works, Akbar remarked.
As per Akbar, the first category is said to include major projects’ contractors, while the second covers contractors of technical and financial capacity, who may participate in tenders ranging from US $16.5 million to $330 million. The third category includes contractors allowed to participate in tenders with values between $3.3 million and $33 million. The fourth category includes local contractors that are allowed to participate in tenders with a value up to $6.6 million.
Akbar pointed out that these classifications are reviewed periodically, and that the certificate of classification of contractors for general contracting is valid for a period not exceeding three years. She also said that small and medium-sized enterprises (SMEs) are in the fourth category.
