Six companies shirking construction blacklisted
Summary
Six construction companies working on road projects along the Karnali Highway have been blacklisted for violating contract terms. Officials in Jumla also reported a decline in new firm registrations and a rise in industry closures in the district.
Key Points
- Six companies contracted for road construction and upgrading along the Karnali Highway were blacklisted for violating their contracts.
- The Public Procurement Monitoring Office took action after reports were forwarded from the Road Division Office in Jumla to Kathmandu.
- Binamra Construction Service, Dhruba Building Service, Abinash Construction Service, Shankar Mali Construction Service, Man Shahi Construction Service and Kashyap Contractors Service were penalized with suspension periods ranging from one to three years.
- Officials said industry registrations are declining while terminations are increasing, with 180 industries cancelled in fiscal year 2082/83.
