Fin

3

FIN CR 1/5281/90

HKA 18217

12 MAR 1992

DESK OFFICER

INDEX

Fe

GOVERNMENT SECRETARIAT

PA

ACTR

HONG KONG

23 January 1992

т

1315

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wish to

You may glance: special

control procedures to ensure costs do not escalate without anyone Oking them.

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13/2

FINANCIAL CIRCULAR No. 3/92

Cash Limiting Cost Control

for the Airport Core Programme projects

(Note:

Mr Frogs M113

This circular sets out the cost controls

to applicable

the Airport Core Programme (ACP) projects. Distribution of this circular is Scale C. It should read by all officers concerned with ACP and capital works projects,

be

allocation

preparation.)

and

resource

Estimates

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AIRPORT CORE PROGRAMME

Under the Memorandum of

Understanding

concerning the construction of the New Airport in Hong Kong and Related Questions (MOU), the Airport Core Programme (ACP) is to be completed by 30 June 1997 to the maximum extent possible. A list of the projects included in the ACP is at Appendix A. The procedure for design and construction of ACP projects in the Public Works Programme (PWP) requires changes to ensure proper control over scope and costs, and give maximum assurance that the projects can be completed on time and within budget. This circular sets out the changes that are to be made. On issues not addressed in this circular, Financial Circular No. 8/90 remains applicable. Established tender procedures remain unchanged.

To: Branch Secretaries and Heads of Departments

c.c. Registrar, Supreme Court (f.i.)

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