July 14, 2026, Tuesday
English

5 Construction companies and suppliers blacklisted, barred from participating in public procurement for 3 years

Main News Image

Kathmandu. The government has blacklisted five builders and suppliers who are slow and negligent in their work. The Public Procurement Monitoring Office under the Office of the Prime Minister and the Council of Ministers issued a notice on Tuesday, June 30, informing that those companies have been blacklisted.

According to the office, this decision was made in accordance with subsection 1 of section 63 of the Public Procurement Act, 2063 based on written recommendations from various public bodies. Effective from the date of publication of the notice, those companies will not be allowed to participate in the procurement process of any public body for 1 to 3 years.

mediabaaji add

Related News

42.58 points decline in NEPSE, turnover above 14.16 billion

Kathmandu. On the third trading day of the week, NEPSE index decreased by 42.58 points and remained at the point of 2726.51. 14 billion 1671 million shares were traded during the day when 32 million 62 thousand 710 shares of 333 companies were bou...

Private sector urges accelerated economic growth through wealth creation and legal reform

Kathmandu: Birendra Raj Pandey, President of the Confederation of Nepalese Industries (CNI), said that the private sector is encouraged by the current stability seen in the country’s economic system. He stressed that since such stability is a rare...

New Government Still Relies on Foreign Loans Instead of Collecting Revenue

By Anusa Thapa

Bhaktapur, Nepal — The courts issue orders, but the government fails to implement them. This reality is clearly reflected in the government's inability to collect taxes and revenues despite repeated court directives.

Cou...

Public transport fares increased

Kathmandu. Public transport fares have increased. After the ministerial decision of Physical Infrastructure and Transport Minister Sunil Lamsal, the Transport Management Department has increased the fare. After the recent increase in the price of...

What is the exchange rate of which foreign currency on Sunday?

Kathmandu. Nepal Rastra Bank has determined the exchange rate of foreign currency for Sunday. According to the determined exchange rate, the buying rate of one US dollar is 147 rupees 64 paisa and the selling rate is 148 rupees 24 paisa. Similarly...

Tax arrears are coming up: The remaining amount has reached 94.95 billion

Kathmandu. In recent years, the outstanding tax arrears in Nepal have started to pile up. According to the Internal Revenue Department, by the end of the financial year 2081 and 2082, the outstanding amount including i...