{"id":298892,"date":"2019-11-01T10:12:02","date_gmt":"2019-11-01T04:42:02","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=298892"},"modified":"2019-11-01T10:19:30","modified_gmt":"2019-11-01T04:49:30","slug":"waiver-of-earnest-money-deposit-relief-for-mid-sized-highway-players-icra","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/waiver-of-earnest-money-deposit-relief-for-mid-sized-highway-players-icra\/","title":{"rendered":"Waiver of earnest money deposit relief for mid-sized highway players: Icra"},"content":{"rendered":"<p>Waiver of earnest money deposit for highway projects in EPC mode comes as a relief for mid-sized highway players, ratings agency Icra said on Thursday. <\/p>\n<p>In place of bid security, the bidders are now required to sign a bid securing declaration accepting that if they withdraw or modify the bids during the period of validity or if they fail to submit a performance security for the awarded contract before the deadline, they will be suspended from participation in the tendering process for a year. <\/p>\n<p>The Ministry of Road Transportation and Highways&#8217; (MoRTH) decision that all nodal agencies for national highway project implementation &#8212; NHAI, MoRTH and National Highways and Infrastructure Development Corporation (NHIDCL)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Waiver of earnest money deposit for highway projects in EPC mode comes as a relief for mid-sized highway players, ratings agency Icra said on Thursday. In place of bid security, the bidders are now required to sign a bid securing declaration accepting that if they withdraw or modify the bids during the period of validity or if they fail to submit a performance security for the awarded contract before the deadline, they will be suspended from participation in the tendering process for a year. The Ministry of Road Transportation and Highways&#8217; (MoRTH) decision that all nodal agencies for national highway [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,130,168],"tags":[],"class_list":["post-298892","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-roads-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/298892","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=298892"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/298892\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=298892"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=298892"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=298892"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}