The Cabinet has approved a Comprehensive Framework for Infrastructure Projects Pricing, a landmark policy aimed at curbing inflated project costs, enhancing transparency, and ensuring better value for money in public investments.
The framework seeks to eliminate the irregular, inconsistent, and costly practices that have long characterised the pricing of government infrastructure projects.
It introduces a data-driven approach to determining project costs, promoting accountability and prudent use of public resources.
According to a Cabinet dispatch, the reform will be spearheaded by the Chief of Staff and Head of the Public Service through a Multi-Agency Technical Working Team.
“The team has already achieved key milestones, including the development of sectoral pricing models, cost derivation criteria, and proposals for establishing a National Infrastructure Pricing Database (NIPD),” the dispatch reads in part.
The Cabinet, chaired by President William Ruto, noted that despite Kenya’s substantial investment in infrastructure over the past two decades, the country continues to face cost variability, project overruns, and pricing inconsistencies.