HAM roads: Govt caps excess bids at 5% in contracts | Hyderabad News
Hyderabad: Amid allegations of contractors forming a syndicate and quoting up to 23% excess bids, govt has reportedly taken a decision to ensure that the contract is given at a maximum of 5% excess only.The over Rs 13,000-crore project for development of roads in the state under hybrid annuity model (HAM) was delayed by almost…
