New score system in construction

By JESSIE LIM

IT IS now mandatory for all government projects costing more than RM10mil and private sector projects costing over RM50mil, to achieve the 70 IBS score.

This was announced by Prime Minister Datuk Seri Najib Tun Razak during the opening of the region’s biggest trade event for the construction industry, the International Construction Week (ICW) 2016.

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Monthly Plan

RM 13.90/month

RM 9.73/month

Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.63/month

Billed as RM 103.60 for the 1st year, RM 148 thereafter.

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Business , Central Region , UBM , International Construction Week , Ecobuild , CIDB Malaysia

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