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Road Contracts awarded drop to less than half!

Road Contracts awarded drop to less than half!

As per CW reports up to January 2024, only 3,481 kms have been awarded Last year, the length of national highways constructed across India was 10,331 kms at the rate of 28.3 kms per day. This year, the target was set at 13,800 kms at the rate of 37.8 kms per day. However, by the...

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Will QCBS phase out L1 for Infrastructure Procurement?

Will QCBS phase out L1 for Infrastructure Procurement?

The limits for QCBS system of procurement have been lifted says Pratap Padode, Founder & President, FIRST Construction Council who has been a strong proponent of the QCBS system of procurement. Read on… The limits for QCBS system of procurement have been lifted says Pratap Padode, Founder & President, FIRST Construction Council who has been a strong...