Rs 15 Crore Penalty Imposed on Contractor Company for Inordinate Delay

 Jammu Akhnoor Road Widening Project

Rs 15 Crore Penalty Imposed on Contractor Company for Inordinate Delay

Jammu, 02/June/2023: On failing to meet deadline for completion of its allotted work under Jammu Akhnoor Road Widening Project, the contractor firm has been slapped with a penalty of over Rs 15.00 crore by the government.

In response to an application by  RTI Activist Raman Sharma under Right to Information Act,  National  Highways and Infrastructure Development  Corporation Ltd(NHIDCL) vide its official communication dated 31-05-2023 has informed that a penalty of Rs 15.79 Crore ( rupees fifteen hundred and Seventy lac) has been imposed against the contractor Company namely  M/S Tarmat Ltd. for the delay in completion of its work within stipulated period of time.

The RTI reply served to information seeker Sharma and signed by SPS Sangwan, General Manager(P), NHIDCL, Akhnoor further informs that the stipulated completion date( under package-III) was fixed as  23/12/2021 which was later extended  till 30/03/2023 and despite the extension of 163 days the contractor company failed to meet the deadline and now again a new deadline has been fixed as 31/12/2023.

M/S Tarmat Ltd Company has been awarded tender work under package-III             ( from Km 06.000 to Km 26.350) of Jammu Akhnoor Road Widening Project with bid amount of Rs 193.99 Crore.

An Amount of Rs 131.05 Crore has been released  to company till date with 71.86 % Physical Progress of Work and 67.56 % Financial Progress.

In response to the query related to penalty amount so far submitted by the firm , the NHIDCL reply stated that till date an amount of Rs 5.5 Crore has been withheld from the bills of the Contractor Company on the amount of penalty.

The overall final date for completion of this important Jammu Akhnoor Road Widening project has been fixed as 13/03/2025.

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