5 Construction companies and suppliers blacklisted, barred from participating in public procurement for 3 years
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
Minister Ghising said on the monitoring of Mahakali irrigation, talks are being held with India about releasing water
Kathmandu. Energy, Water Resources and Irrigation, Physical Infrastructure and Transport and Urban Development Minister Kulman Ghising has inspected the Tanakpur Barrage at Brahmadev in Kanchanpur. While inspecting the...
Three billion worth of electric vehicles entered in 9 months through the Birganj border crossing
Parsa. In the nine months of the current financial year, electric vehicles worth 2.98 billion rupees have been imported through the Birganj route. Compared to the same period of the last financial year, electric vehicles have been imported by 102...
IPO distribution of Ridge Energy completed, 1 lakh 18 thousand people got shares
Kathmandu. Ridge Line Energy Limited has completed the IPO process issued to the general public. Sales manager Prabhu Capital completed the allotment this morning. IPO of the company 118 thousand 26 people have acquired 11 lakh 80 thousand 260 sha...
Sopan Pharmaceuticals' IPO will be distributed tomorrow, 347,000 will get shares
Kathmandu. The IPO of Sopan Pharmaceuticals Limited will be distributed tomorrow. NMB Capital, the company's sales manager, has prepared for the IPO distribution on Thursday morning at 9 am. 29 lakh 14 thousand 443 people applied for the IPO. The...
What is the exchange rate of which foreign currency for Tuesday?
Kathmandu. Nepal Rastra Bank has announced the foreign currency exchange rate for Tuesday, June 16. According to the exchange rate published by the National Bank, the buying rate of one US dollar has remained at 150 rupees 97 paisa and the selling...
17 construction companies blacklisted, public projects banned
Kathmandu. The government has decided to blacklist 17 construction companies. The Public Procurement Monitoring Office under the Office of the Prime Minister and Council of Ministers issued a public notice on Thursday...



