MoRTH’s stricter bidding rules to ease competition in road projects: ICRA

Additional performance security (APS) is a financial guarantee required to be paid by private contractors for quoting significantly below the estimated base price & acts as a safeguard for the govt

MoRTH’s stricter bidding rules to ease competition in road projects: ICRA
Additional performance security (APS) is a financial guarantee required to be paid by private contractors for quoting significantly below the estimated base price & acts as a safeguard for the govt