Can I read Performance Security Guidelines and Penalties on EtoBox?

Performance Security Guidelines and Penalties by Ram Ratan Rathore is a document available to read on EtoBox.

What is Performance Security Guidelines and Penalties about?

The document outlines the requirements for performance security, which must be provided within 30 days of the appointed date in a specified format, amounting to 63 Crores. If the concessionaire fails to provide this security, it will be deemed a default, and damages will be assessed based on the delay. The performance security remains in effect for one year unless 30% or more of the construction work is completed, allowing for early release.

Author

Ram Ratan Rathore

Language

EN