performance guarantee

The Supreme Court on Tuesday rejected a plea by Adani Gas Ltd challenging the tendering process for the supply of PNG and CNG to three areas in the Ahmedabad district of Gujarat.In the bidding process, which was conducted by the…

Odisha's government on Friday eased down payment (EMD), bid security, and liquidated damages for bidders willing to participate in the state government's global tender to supply the COVID-19 vaccine. The decision was taken today…

The Ministry of Power ordered state governments and Union Territory (UT) governments to relax performance guarantee and down payment requirements for energy project bids. He also called on states and UTs to refrain from requiring…

The DoE reduced the performance security to 3% for all existing and future tenders concluded through December 31, 2021. The Expenditure Department (DoE) has notified that the performance guarantee will be reduced from 5% to 10% to 3% for…

Central road implementing agencies ask for 1 percent of the contract value as bid security and the same value is higher for other central government agencies at 2.5 percent. New Delhi: The waiver of deposit deposits for EPC mode road…

New Delhi, October 31 () The waiver of the deposit deposit for road projects in EPC mode is a relief for medium-sized road players, the Icra rating agency said on Thursday. Instead of the tender guarantee, tenderers are now required to…

Outlook October 31, 2019 6:59 PM IST Waiver of the positive tender guarantee for contractors: Icra perspectivesinde.com 1970-01-01T05:!-->…

The Karnataka State Solar Policy 2014-21 has been amended for the third time and addresses three important points - limiting the size of private solar farms, the performance guarantee for captive group projects and the project completion…