5 Construction companies and suppliers blacklisted, barred from participating in public procurement for 3 years
-
Media Baaji
- Tue, 14 July 2026
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.
Express
Related News
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...
What is the exchange rate of which foreign currency for today?
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 151 rupees 88 paisa and the selling rate is 152 rupees 48 paisa. Similarly,...
National Life honored the CEO Club members of Bagmati Province
Kathmandu. National Life Insurance Company Ltd. has completed the CEO Club member honor program under the chairmanship of the company's chief executive officer at Wave Hospitality located in Kathmandu. In financial year 2081/82, more than 500 agen...
Kalinchok Hydropower gets permission from Securities Board to issue IPO
Kathmandu. Kalinchok Hydropower has received permission from the Nepal Securities Board to issue an IPO. The Securities Board on Monday allowed this company to issue an IPO worth Rs 130.75 million. Now this company will open the IPO sale of a tota...
The price of gold decreased by 3600 per tola!
Kathmandu. The price of gold and silver has decreased in the local market. On Wednesday, June 9, the price of 100 gold fell by 3600 rupees per tola, according to the Nepal Gold and Silver Traders Federation. According to the federation, on this da...
Foreign currency exchange rates: The dollar, euro and pound rose
Kathmandu. Nepal Rastra Bank has announced the exchange rate of foreign currency for Friday. According to the new rate set by the Central Bank, today the buying rate of one US dollar is 153 rupees 86 paise and the selling rate is 154 rupees 46 pai...