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CONCESSIONAIRE PERFORMANCE ASSESSMENT
New rules classify highway project failures as catastrophic; to affect contractor ratings & future contractsNew rules define catastrophic failures in highway projects. These failures will impact contractor ratings and future contract awards. Incid...- Road ministry defines catastrophic failures to help in assessment of concessionaireNew rules from the Ministry of Road Transport and Highways define major highway failures. These failures, like bridge collapses or severe p...
- Road ministry to rate contractors on 7 parameters; move aimed at ensuring quality construction, maintenance of highwaysIn a concept note floated by the ministry of road transport and highways on Thursday, the ministry said highway contractors will be rated o...
- Facing penalties, Tata Projects promises to make Noida International Airport ready in two months with 2,000 extra workersTata Projects is under pressure to complete the Noida International Airport by June 30, facing penalties for construction delays. To meet t...
- The road ahead: Quality construction, maintenance of highwaysThe Ministry of Road Transport & Highways in India plans to enhance the quality of national highway construction and maintenance by 2025. E...
- NHAI to rate concessionaires on the quality of construction and maintenance of national highwaysThe National Highways Authority of India, on Friday, said it has developed a comprehensive rating system for assessing performance of the c...
- No exclusivity clause dampens railway route privatisation: Report"But absence of a non-competing clause for the route amplifies the cash-flow risks on one hand and on the other bid variable or the revenue...
- NHAI develops portal to track performance of developers, consultants"Under this portal, the vendors are required to conduct a self-assessment and upload the documents related to the project activities being ...
- NHAI to rank highways to ensure high quality roads"In its effort to improve the quality of roads, NHAI has decided to undertake performance assessment and ranking of the highways in the cou...
- Government likely to release up to Rs 8,000 crore to road contractorsIn an order released late on Wednesday night, the road transport and highways ministry had allowed extension of project timelines between t...
- View: How NHAI's asset recycling plan is a step forward in the right directionThe concept, implemented by NHAI through the toll-operate-transfer (TOT) model, culminated in a bid offer of Rs 9,681 crore, about 50% abov...
- Nitin Gadkari hopeful of lot of change in Ganga waters by March 2019He said the association has responded positively to the proposal, which will be discussed with the Uttar Pradesh government too before a te...
- Construction sector to get Rs 40,000 crore boostPart of the money paid will be used to clear bank debt, which will also help reduce the stress on lenders struggling with bad loans.
- NHAI unveils stringent norms to weed out ‘non-serious’ players in highwaysThe private players will be allowed to participate in fresh bidding only after they complete the ongoing project for which they have been s...
- Government's ultimatum to road developers: Perform or perishThe government, it seems, doesn't want to leave any stone unturned in initiating policy measures and extending support wherever required.
- Road Transport and Highways Ministry may rely on toll revenue to fund expansion projectsMinistry of road transport & highways embarked on an exercise to estimate their revenue from toll collection to see if the govt can build m...
- Road Regulator only after new government takes chargeNational Highways Authority of India (NHAI) is responsible for the development, maintenance and management of highways in the country.
- Over 15 NHAI projects face hurdle as banks tighten lending for sectorBanks are tightening the screws on loans for road construction as they have burnt their fingers in highly leveraged projects in the stresse...
- Fissures between Delhi Metro and Anil Ambani group pose grim questions about PPP modelIt was meant to be a breakthrough in PPPs in urban transport. Instead, the high-speed metro line has broken down.
- Monitoring mechanism to be set up for public-private partnership projectsWith an aim of ensuring timely completion of projects undertaken in PPP mode, the government today decided to set up a mechanism.
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