From Malay Mail · · 1m 10s
Finance Ministry halts pre-qualified tender for rural projects after audit
Malaysian Finance Ministry stops rural development projects using pre-qualified tender method after audit found over-expenditure.
In brief
Malaysian Finance Ministry stops rural development projects using pre-qualified tender method after audit found over-expenditure. Malaysian Finance Ministry halted the Selected Pre-Qualified Open Tender method for Rural and Regional Development projects after Auditor-General found RM2.1 billion over-expenditure…
Finance Ministry halts method
Malaysian Finance Ministry halted Selected Pre-Qualified Open Tender method for Rural and Regional Development projects after Auditor-General's Report findings.
TTPKT method details
TTPKT method introduced in 2023 to expedite high-impact projects, remained until June 30, 2025 with enhancements for procurement governance.
Audit findings
Auditor-General's Report 2/2025 found TTPKT implementation did not achieve government's original objectives.
Over-expenditure
Rural and Regional Development Ministry exceeded allocations by RM2.1 billion between 2023 and 2025.
Funding revisions
Original allocations for rural road projects were RM1.09 billion in 2023, RM1.32 billion in 2024, and RM1.57 billion in 2025.
Revised allocations
Revised allocations for rural road projects were RM1.85 billion in 2023, RM2.02 billion in 2024, and RM2.27 billion in 2025.
Current measures
Finance Ministry approved additional RM500 million for 2026 and requested projections for funding needs up to 2027.
The big picture
Malaysian Finance Ministry halted the Selected Pre-Qualified Open Tender method for Rural and Regional Development projects after Auditor-General found RM2.1 billion over-expenditure.
