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

Suryakund Hydro is issuing IPO for general public from Sunday

Kathmandu. Suryakunda Hydro Electric is going to open the IPO sale for the general public from January 18th this Sunday. The company is going to issue a total of 5 lakh 72 thousand 431 shares of Rs 100 to the general public in the second phase.&nb...

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...

Today's foreign currency exchange rate: what is the value of dollars, euros and pounds?

Kathmandu. Nepal Rastra Bank has announced the official exchange rate of foreign currencies for Wednesday. According to the new rate determined by the Central Bank, today the buying rate of one US dollar is Rs 151 16 paisa and the selling ra...

Electricity and water lines were cut in 63 industries on the same day

Kathmandu. Industrial Area Management Limited cut the water and electricity lines of 63 industries in one day. After not paying the rent and fees even using the government land, buildings and infrastructure of the industrial area for a long t...

The government will give Rs 15,000 each to the victims of the Genji movement

Kathmandu. The government has decided to give a relief of Rs 15,000 each to the injured of the Janeji movement. Jagdish Kharel, Government Spokesperson and Minister of Communication and Information Technology informed...

24 crore cardamom sale from Lamjung

Lamjung. This year, an income of Rs. 243.3 million has been received from the sale of cardamom seeds in the district. According to Hari Bahadur Mizar, Agriculture Officer of National Agricultural Modernization Project Implementation Unit Lamjung,...