News Update

CBIC notifies Customs exchange rates w.e.f. May 17, 2024Cus - Petitioner is only an intermediary for procuring containers and giving the same on lease to the consignees - Directions cannot be issued, while exercising extraordinary jurisdiction, to authorities to release the containers by destuffing the goods: HCLS elections: Voter turnout in first four phases averages around 67%GST - Petitioner asserts that he was unaware of the proceedings - Since the tax dues appear to have been recovered, revenue interest has been secured - Matter remanded: HC3rd Session of India-Zimbabwe Joint Trade Committee held in New DelhiGST - No opportunity of hearing is granted to the petitioner by the respondent authority while taking adverse view - Only recourse is to remand the matter for passing fresh order in accordance with law: HCIndia sets up two tank-repair facilities in Ladakh near LACGST - Tax demand and penalty were confirmed entirely on the basis of the statement recorded on 26.09.2022 and by disregarding the reply filed and documents annexed thereto - Orders unsustainable, matter remanded: HCEx-serviceman nabbed for alleged swindling people by swapping ATM cardsGST - Refund - Proper officers have to comply with the provisions of s.54(7) - Claim to be processed within two weeks: HCAdhir Ranjan says ‘I do not trust Mamata’GST - Since the only reason for passing impugned order is that petitioner had not filed any reply, one opportunity needs to be granted - Matter remitted: HCChina faces acute revenue crunch! Will it reform clunky fiscal system?Arunachal cops bust sex racket; 21 including govt employees arrestedI-T- Not providing cross-examination of maker of the statement on which AO relies upon to take adverse view against an assessee is a serious flaw which render the action of AO a nullity : ITATNSSO reveals joblessness on decline in urban IndiaBharat Pavilion at Cannes Film Festival inauguratedAs protests turn violent, France declares state of emergency in CaledoniaLawrence Wong assumes office as Singapore’s new PMGST - SC tells UoI - Not necessary to make arrest in every case
 
NHAI to cap no of projects awarded to consultants

By TIOL News Service

NEW DELHI, SEPT 30, 2020: In order to further improve the ease of doing business, NHAI has agreed to most of the suggestions made by industry body, theConsulting Engineers Association of India (CEAI).

NHAI reports that CEAI had submitted suggestions pertaining to areas that include Omnibus Bank Guarantee, Performance Parameters of Consultants, Approval of DPR, Value Engineering, Technical Capacity Provisions, Evaluation of Bids etc. After having detailed deliberation with the industry body, NHAI agreed with most of the suggestions made by them. Suggestions which were outside the purview of NHAI have been sent to the related authorities for consideration. Further, NHAI assured the body that all good suggestions facilitating smooth working with the Consultants shall be positively considered in the future as well. 

Some of the key suggestions accepted by NHAI are highlighted as below:

Suggestions regarding Omnibus Bank Guarantee system has been accepted by NHAI and guidelines have been issued on the matter.

Suggestions regarding use of innovative technology / material has been accepted. NHAI has asked the Consultants to propose new technologies while preparing DPRs and wasteful expenditure items should be avoided. NHAI also assured that the approval process of various stages of DPR shall be expedited.

NHAI has reiterated its commitment to ensure timely payments to the Consultants.

Under Technical Capacity Provisions, cap on the number of projects awarded to a Consultant will be linked to the Consultant's performance and its rating on the Vendor Performance Evaluation System.

NHAI has further reported that it is committed to improve ease of doing business and facilitate better working relationship with all its stakeholders.


POST YOUR COMMENTS
   

TIOL Tube Latest

Shri N K Singh, recipient of TIOL FISCAL HERITAGE AWARD 2023, delivering his acceptance speech at Fiscal Awards event held on April 6, 2024 at Taj Mahal Hotel, New Delhi.


Shri Ram Nath Kovind, Hon'ble 14th President of India, addressing the gathering at TIOL Special Awards event.