Stories Tagged 'Contractors'
The Nepal Electricity Authority (NEA) is redoing the public procurement process to appoint contractors to install underground power cables in Kathmandu after previous bidders quoted a much higher price than the estimate.
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Contractors winning deals for bids as low as a half of the estimated project cost has emerged as a key reason behind the slow progress of work at the sites of three bridges and a wall along the Mid-Hill Highway in Sindhuli district.
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Contractors undertaking large infrastructure projects who fail to perform as per the target for two quadrimesters could lose their contract once the proposed new law meant to govern a large infrastructure project comes into effect—a significant move by the government to discipline contractors.
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The office of the Mid-Hill Highway (Eastern Section) under the Department of Roads has issued two notices in the name of nine contractors that either failed to start works or complete them on time, warning them of terminating contract or blacklisting them.
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As the Home Ministry launches an offensive against non-performing and under-performing contractors, even arresting some of them, politically well-connected contractors remain untouched by the move.
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The government has initiated the process to construct the access road to connect Nepalgunj city with the construction site of the dry port being developed at the customs point.
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