Tenders with over 15% below bid to be scrapped: PWD Minister
* New tenders to have a clause making it mandatory for contractor to maintain the road constructed by him for five years Staff Reporter Public Works Department (PWD) has decided to scrap the tenders receiving bids that are below the set price by more than 15 per cent. Chandrakant Patil, Public Works Minister, announced this decision in the Legislative Assembly on Tuesday in while replying to discussion on supplementary demands. Patil informed the House that if this decision cannot be applied in some cases, the department will take bank guarantee equal to the amount quoted in a bid. These steps will prevent the contractors from quoting price that is 20-30 per cent below the set price. The decision was taken as many instances came to the notice of the Government in which contractors had quoted very low price and had abandoned the work mid-way. Further, to ensure better e-tendering process, contractors from the district where e-tender for some work is floated will be eligib