Six construction companies blacklisted for contract violations
Summary
Six construction companies working on road construction and upgrading along the Karnali Highway have been blacklisted for violating their contracts. Separately, the Jumla Industry and Consumer Protection Office reported a decline in new firm registrations and a rise in industry cancellations this fiscal year.
Key Points
- The Public Procurement Monitoring Office blacklisted six construction companies for breaching road construction contracts along the Karnali Highway and the route to Manang-Mustang from Jumla.
- The blacklisted firms include Binamra Construction Service, Dhruba Building Service, Abinash Construction Service, Shankar Mali Construction Service, Man Shahi Construction Service and Kashyap Contractors Service.
- The action was initiated by the Jumla Road Division Office and forwarded to the head office in Kathmandu, with penalties ranging from one to three years.
- The Industry and Consumer Protection Office in Jumla said industry cancellations are rising while new firm registrations have been declining for four years.
