Bangkok: The Comptroller General's Department has expanded the oil price base in the construction project's standard price calculation table to cope with the crisis of soaring oil prices.
According to Thai News Agency, Ms. Patricia Mongkolvanich, Director-General of the Comptroller General's Department, revealed that the department has adjusted the detailed tables used to calculate the median price of construction projects, specifically regarding fuel prices, in response to the ongoing conflict situation in the Middle East. This conflict has significantly impacted the global crude oil market, resulting in increased domestic fuel prices. These price hikes are directly affecting government construction costs, including expenses related to material transportation, machinery, and other operational costs.
The adjustments are in line with the Public Procurement and Supply Management Act B.E. 2560 (2017) and aim to ensure that the median price calculation accurately reflects current economic conditions. The updated prices are intended to reduce the risk of project abandonment or a decline in construction quality. Consequently, the Comptroller General's Department has expanded the diesel fuel price range from the previous cap of 50.99 baht per liter to 69.99 baht per liter for the purpose of calculating the median price of construction projects.
This change affects six tables used to calculate the median price of construction projects, as determined by the Committee on Median Prices and Contractor Registration. These include tables for construction material transportation costs for 6-wheel and 10-wheel trucks, operating costs, and machinery depreciation for road, bridge, and culvert constructions, as well as cost tables for earthwork in irrigation construction projects and foundation improvement and rock blasting work.
Ms. Mongkolvanich emphasized that the expanded table for calculating median prices, especially concerning fuel prices, aims to ensure government agencies can effectively use it to calculate construction project costs in alignment with actual expenses. More details can be found in the Comptroller General's Department's urgent letter No. GC 0433.2/W244 dated April 9, 2026, which serves as a guideline for relevant work.