Chennai has six weeks to get smart

Chennai | Saturday | 19th January, 2019

Summary:

Projects worth ?45 crore are at draft project report stage.While Coimbatore has Rs 550 crore projects to be executed, Madurai has Rs 590 crore.According to rules, projects below Rs 2 crore require 15 days of notification before bids are opened. Now, it has called for tenders for projects worth ?528 crore which might open between January 20 and February 11. Work orders are issued within a week after bids open. For projects above Rs 2 crore, 30 days notification period is given after which a financial bid is called. So far, Chennai corporation has completed only 3% of projects worthRs 28 crore..