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
Today, NEPSE decreased by a normal number, the turnover fell to 7 billion 49 crores
Kathmandu. On the fourth trading day of the week, the NEPSE index decreased by 1.64 points to 2681.50. During the day, 1 crore 66 lakh 82 thousand 626 shares of 326 companies were bought and sold, and 7 billion 49 crore 97 lakh shares were traded....
Samling Power appoints SBI Merchant Banking as sales manager for rights issue
Kathmandu. Samling Power Company is going to issue rights shares. The company has appointed Nepal SBI Merchant Banking as the rightful share manager. The company has appointed SBI Merchant Banking as sales manager on 21st January.
The compan...
Moving towards the construction of 1200 MW Budhigandaki hydropower project
Kathmandu. The Budhigandaki hydropower project with a capacity of 1200 MW has progressed towards the construction stage. With the agreement between the Ministry of Finance and the National Planning Commission on the investment framework of this pr...
The price of gold increased, how much did it reach per tola?
Kathmandu. The price of gold increased on Sunday. According to the Nepal Gold and Silver Traders Federation, today the price of gold has increased by Rs 2,300 per tola.
Along with this, on Sunday, the price of Chhapawal gold has remain...
In the semi-annual review, the income-expenditure of the government is weak, the capital expenditure is limited to 12 percent
Kathmandu. In the half-yearly review of the current financial year 2082 and 83, both the income and expenditure of the government are seen to be weak. According to the Comptroller General's Office, the central government's income has been limited...
Concrete steps have been taken to control wasteful expenditure and financial governance: Prime Minister
Kathmandu. Prime Minister Sushila Karki has said that during the 100-day period of the government, concrete steps have been taken to control wasteful expenditure and financial governance. The Prime Minister said this while addressing on the occasi...



