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කැලණි සරසවියට මහල් දහයක ගොඩනැගිල්ලක්

From Lankadeepa ·
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Sri Lanka awards Rs1.73bn contract to build Kelaniya University complexPhoto: EconomyNext

AI summary · 1 min read

1 min readFrom 2 outlets
  • EconomyNext reports that the contract was awarded to Sathuta Builders (Pvt) Ltd.
  • The approved contract sum excludes VAT, according to EconomyNext.
  • EconomyNext says 10 bids were received after the project was cleared to resume in February 2025.

Lankadeepa and EconomyNext report that Sri Lanka’s Cabinet approved awarding a contract to build a 10-storey building for the University of Kelaniya’s Faculty of Commerce and Management Studies. EconomyNext identifies the contractor as M/s Sathuta Builders (Pvt) Ltd and gives the contract value as 1.73 billion rupees, excluding VAT.

EconomyNext reports that the project had previously been halted because of the country’s economic crisis. It says the Cabinet approved resuming the project through national competitive bidding on February 3, 2025, and that the procurement attracted 10 bids.

EconomyNext reports that Minister Nalinda Jayatissa said the selection followed evaluation of the bids and recommendations by procurement committees, with the contract going to the lowest bidder that met the required criteria.

Based on: Lankadeepa, EconomyNextWritten by AI from Lankadeepa, EconomyNextthese outlets’ reports. Not reviewed by an editor. It can be wrong — the original reports are the authority. .
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  1. Newsfirst · 55 New Hostels Approved To Address University Hostel Shortage

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