20 builders and suppliers blacklisted
Kathmandu. The Public Procurement Monitoring Office has blacklisted 20 builders and supplier companies based on the recommendations received from various government agencies. The office issued a public notice today and announced the names of the companies under action and the ban period.
According to the section 63 sub-section 1 of the Public Procurement Act, 2063, these companies have been blacklisted with effect from the date of publication of the notice.
The blacklisted builders and suppliers are completely banned from participating in the public procurement process for a minimum of one year six months to a maximum of two years depending on the nature of their offence.
Express
Related News
What is the exchange rate of foreign currency on Thursday?
Kathmandu. Nepal Rastra Bank has determined the exchange rate of foreign currency for today. According to Rashtra Bank, the buying rate of one US dollar has been fixed at 141 rupees 52 paisa and the selling rate is 142...
The price of gold rose sharply, how much did it reach per tola?
Kathmandu. On Friday, the price of gold in the Nepali market increased by Rs. 2900 per tola. According to the Federation of Nepal Gold and Silver Traders, the price of gold in the Tola was Rs 2,59,600 per tola on Thursday, which was Rs 2,62,500 pe...
An increase of 62.29 points in NEPSE, turnover of 4.57 billion
Kathmandu. On the second trading day of the week, the stock market NEPSE index increased by 62.29 points to 2571.34.
On NEPSE, 92 lakh 43 thousand 723 shares of 314 companies were bought and sold on this day, with a turnover of 4.57 bil...
Strictness in issuing IPO, if the net worth is less than 100 rupees, permission will not be given
Kathmandu. Nepal Securities Board Sebon has prepared to make the criteria for initial public issue IPO approval more stringent. The Board, while publishing the draft of the General Eligibility Guidelines for Public Offerings, 2083, proposed not to...
Formation of a 7-member high-level committee by the government to conduct a scientific study of the Bhotekoshi disaster
Kathmandu. The government has formed a seven-member expert study committee to find the real scientific basis and evidence of the disastrous flood in Bhotekoshi river in Rasuwa. The Ministry of Energy, Water Resources and Irrigation formed the high...
Jail sentence for those who spread chaos in the banking sector, the National Bank has given a final warning
Kathmandu. Nepal Rastra Bank has said that it has drawn serious attention to the unprofessional and disorderly activities targeting banks and financial institutions and their employees in recent days.


