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HIGHWAY CONSTRUCTION PENALTIES
On a High-way: India revamps highway EPC rules with rating-based deposits, crash penaltiesThe Centre has revised performance security measures for national highway contractors based on their ratings. Contractors rated above 80% w...- NHAI standardises 4/6-lane high-speed roads: New rules will change lane widths, exits & safety measures for highway driversNHAI has introduced new guidelines for upcoming access-controlled high-speed National Highways to standardise design, improve road safety a...
- Stocks in news: Reliance Industries, Wipro, ICICI Bank, Coal India and Hindustan ZincIndian equity markets experienced a decline on Wednesday, extending their recent corrective phase. Several companies, including Reliance In...
- Stocks in news: Hyundai Motor India, BSE, HEG, Hexaware Tech and Oil IndiaIndian equity markets extended their losing streak to a seventh consecutive session, with the Nifty50 closing lower at 24,078.30. Key corpo...
- Fans deployed to dry damaged Lucknow-Kanpur expresswayA newly inaugurated expressway in India experienced damage shortly after its opening. Contractors deployed pedestal fans to accelerate dryi...
- Road ministry to compensate for price hike and volatility in commodity prices to contractorsHighway contractors will now receive payments monthly. The government has shortened the price adjustment period to one month. This aims to ...
- NHBF seeks escalation support of 17-18% for National Highway projects to restore financial viabilityIn its submission to road transport and highways minister Nitin Gadkari, the National Highways Builders Federation said increase in input c...
- 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...
- New 40mph law hits October 1 — break it and you will pay a $425 priceMaryland Governor Wes Moore has approved fresh legislation to expand speed camera deployment and increase penalties for speeding. Cameras c...
- NHAI debars 14 toll fee collection agencies for two yearsIn a statement issued on Thursday, the National Highways Authority of India (NHAI) under the administrative control of the ministry of road...
- Online platform in works to report road mishaps: Transport SecretaryThe Indian government is considering the introduction of an online platform for reporting accidents by involved parties to address concerns...
- Need to improve quality of road construction and maintenance: Roads Secretary“The way road has been constructed is giving way to so many problems…similar is the story throughout the country,” Giridhar Aramane told th...
- AECOM barred from NHAI projects for three monthsThe Contract Agreement was signed between NHAI and AECOM on December 5, 2018. During construction, two concrete spans among pillars 107-109...
- More than 1.30 lakh people killed, 3.48 lakh injured in road accidents in 2020: GadkariMore than 1.30 lakh people killed, 3.48 lakh injured in road accidents during the calendar year 2020, causing 1,31,714 deaths, Parliament w...
- Officials of regional offices of road ministry, NHAI, NHIDCL to be responsible for non-compliance in quality measuresThe Ministry of Road Transport and Highways (MoRTH) in its recent circular has said that such officers and engineers of regional offices of...
- Road projects worth Rs 7.89 lakh crore underway; steps taken to overcome pandemic-induced delays: Nitin Gadkari"Two thousand eighty four projects on National Highways are under construction in the country as on date. ... Projects are given a time per...
- NHAI to fine up to Rs 10 crore for major lapses in structures"In order to deal with the lapses in highway development, NHAI has issued a strict policy to decide penal action against defaulting firms/ ...
- 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...
- Panel agrees on rescue act for road developers in stressed projectsIn highway projects involving expansion to six lanes, developers are allowed to collect toll from day one, when construction begins.
- Highway builders get cabinet approval to defer premiumCabinet approved the proposal allowing highway developers to defer premium payments in stalled projects, a move aimed at easing financial s...
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