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Amendments to the RFQ

Amendments to the Request For Qualification (RFQ) was approved by the Ministry of Road Transport & Highways on 26 March 2010. The amendment introduced three more slabs to assess financial capacity of bidders for mega road projects (mega roads — with total project cost (TPC) at Rs 3000 or more).

Oct 20, 2010 17:52 IST

Amendments to the Request For Qualification (RFQ) was approved by the Ministry of Road Transport & Highways on 26 March 2010. The amendment introduced three more slabs to assess financial capacity of bidders for mega road projects (mega roads — with total project cost (TPC) at Rs 3000 or more). The entry level to bid for mega road project was fixed at a minimum Rs 1000 crore with this net worth calculated only of firms that hold 26 per cent or more in the consortium.