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news details
JKERA imposes Rs 1.25 cr penalty on contractor over delay
11/1/2018 11:36:02 PM
Early Times Report

Srinagar, Nov 1: The Jammu and Kashmir Economic Reconstruction Agency (JKERA) imposed on Thursday a penalty of Rs 1.25 crore on the contracting agency for delay in completing Jehangir Chowk-Rambagh flyover project in the heart of the city centre.
"The contractor has been directed to ensure that the 2nd phase of the flyover from Rambagh to Aloochi Bagh is completed by 31st December 2018 while 3rd phase from Aloochi Bagh to Jehangir Chowk be completed structurally by 15th March 2019 with black topping to be completed before 15th May 2019," an official spokesman said.
The spokesman said the JKERA has also imposed an initial penalty of Rs 12 lakh on account of the "dilly-dallying tactics" of the contracting agency for grade separator project at TRC Junction here.
He said the grade separator project has also been put on the watch list as the slow progress of works is causing great trouble and inconvenience to the public. The project, which was started by former chief minister Mufti Mohammad Sayeed in 2015, was to be completed within one year.
"The performance of the construction agency is being monitored on a daily basis and further penalization in accordance with the contract clauses shall be done for any further delays in future, including the option of blacklisting of the firms," the spokesman said.
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