Special Announcement

Capital Works Committee Terms of Reference

Functions

1. To review and approve policies and procedures pertaining to the procurement of capital works, and to review and approve the project scope, project control budget, procurement strategy and evaluation criteria for works contracts.
2. To make recommendations to the Board on the annual budget and the five-year plan for capital works.
3. To review and approve or make recommendations to the Board as appropriate on the award of works contracts, the commitment of which exceeded the delegated authority of the Chief Executive Officer.
4. To review and approve or make recommendations to the Board as appropriate on contract variations that exceeded the approved project control budget.
5. To monitor the progress of major capital projects.