Capability certificate from banks not needed for renewal of contractors’ registration

Thiruvananthapuram | Sunday | 2nd February, 2020

Summary:

By Express News ServiceTHIRUVANANTHAPURAM: The PWD contractors, from now on, do not have to submit capability certificates from the bank for renewal of their registration. In a statement, Public Works Minister G Sudhakaran said contractors only need to produce a bank account statement and a capability certificate issued by an officer not below the rank of an executive engineer, PWD, for renewal of registration. The government decision comes in the wake of demands to this effect from the contractors’ associations. Sudhakaran said the norm that capability certificate from banks should be produced will be retained only for first time registration of contractors. For renewal of registration, the new norm will be applicable..