No irrigation project work order sans bank guarantee verification
Staff Reporter Continuing with the task of streamlining the functioning of Water Resources Department (WRD), the new State Government has asked the department not to issue work orders without verification of bank guarantees given by the contractors in case of various irrigation projects. The decision has been taken to avoid the incidences of ‘bogus’ bank guarantees furnished by the contractors during the previous Government’s regime. The matter of ‘bogus’ bank guarantees had come to fore in the aftermath of multi-crore irrigation scam in Maharashtra. In many cases, the directions of Central Vigilance Commission (CVC) dating back to the year 2007 were ignored to benefit the contractors. BJP-led Government has decided to clear the mess relating to bank guarantee. In WRD, many works are awarded to contractors. While accepting tender of a contractor after evaluation, the department issues a letter of acceptance and asks the contractor to deposit security deposit. The deposi...