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Highways ministry invokes catastrophic failure clause against 2 developers
The Highways Ministry has invoked the newly introduced provision of the catastrophic failure clause against two highway developers for major structural failures on National Highways projects. The provisions of the catastrophic event allow highway-owning agencies to bar highway developers for two years from bidding for new projects. Such highway builders also face negative ratings that will adversely impact their chances of getting future projects. According to documents accessed by PTI, the Roa…
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