Tough performance criteria part of revised model contract for highways

While being liberal to contractors in the help for timely completion of road projects and covering their risk, the new model concession document (MCA) for highway building through build operate transfer (Toll) will have tough performance parameters to adhere to.

To check and reduce the number of road accidents, the contractors will be penalised if more than one accident happens in a year on a particular stretch of national highways, V Umashankar, secretary in the ministry of road transport and highways said.