SOFTWARE TECHNOLOGY PARK B: CONTRACT MANAGEMENT

Abstract

The Punjab Information Technology Board (PITB) had been given the task of constructing a Software Technology Park (STP) by the Chief Minister Punjab. The STP was a project of national importance with a budgeted cost of Rs 3.42 billion (USD 57 million). It was a 17-storey tower, with an aggressive construction timeline of 18 months, due to the upcoming national elections in November 2007. The Chief Minister wanted to finish a robust infrastructure project and create a success story in the IT sector for the next elections. The upcoming elections created a sense of urgency within the Punjab government to finish the project and show progress to the IT industry as well as the general public. Therefore, the Chairman of PITB had to make two quick decisions, the selection of the contract type and the contractor for the construction of the 17-storey STP.