Lufthansa Technik (LHT)/ Hamburg has been awarded the contract for the repairing of CFM 56-5B engines and the maintenance, repairing and operation overhaul of Si Lankan AirLine Services Limited.
The contract valid for four years was given approval by the Cabinet on Tuesday.
Lufthansa Technik (LHT) was selected on the recommendations of the Technical Evaluation Committee and the Standing Procurement Committee appointed by the cabinet of ministers.
Seven bids were submitted in response to the international competitive bids called by the Government.
Cabinet approved the proposal to award the contract to the substantially lowest responsive bidder which was Lufthansa Technik (LHT)/ Hamburg.
The cabinet proposal was submitted by the President, in his capacity as the Minister of Finance, Planning and Economic Development.
Former Chairman of SriLankan Airlines, Nishantha Wickramasinghe, arrested on allegation of corruption by the Commission to Investigate Allegations of Bribery or Corruption (CIABOC) has been remanded until July 1 by the Colombo Magistrate court.
Deputy Minister of Finance and Economic Stabilization and NPP National List MP Harshana Suriyapperuma who is tipped to be named the next Finance Ministry Secretary resigned from Parliament today.
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