GHMC Hyderabad to bring in reforms in contract system
Witnessing many contracts not able to finish within the stipulated time by the contractors, Greater Hyderabad Municipal Corporation (GHMC) has plans of making some amendments in the current contract system.
One of the reasons cited by the contractors is due to financial constrains as contracts have to be finished within the limited budget of Rs 50 lakh.
Now the municipal corporation’s standing committee has decided to bring in Contractor Identification Number for works up to Rs 50 lakh also. Earlier, it was limited to contracts above Rs 50 lakh.
There are even talks of eliminating contractors who have not yet started the work within two weeks of assigning it.
To read more real estate news:
Hyderabad municipality projects will not be completed before monsoon
GHMC to solve garbage dumping issues
Source: The Times of India
Contractor, Contractor Identification Number, Contractors, GHMC, GHMC Hyderabad, Greater Hyderabad Municipal Corporation, Hyderabad, Standing committee
[...] GHMC Hyderabad to bring in reforms in contract system [...]
[...] GHMC Hyderabad to bring in reforms in contract system [...]