{"id":511984,"date":"2022-08-05T09:04:23","date_gmt":"2022-08-05T03:34:23","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=511984"},"modified":"2022-08-05T09:57:23","modified_gmt":"2022-08-05T04:27:23","slug":"nhai-extended-undue-benefit-to-concessionaires-says-cag-report","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/nhai-extended-undue-benefit-to-concessionaires-says-cag-report\/","title":{"rendered":"NHAI extended undue benefit to concessionaires, says CAG report"},"content":{"rendered":"<p>In its compliance audit report on &#8216;Rationalisation\/Deferment of Premium in BOT Projects in NHAI&#8217;, the CAG noted that the National Highways Authority of India (NHAI) extended undue benefit to concessionaires.<\/p>\n<p>National Highways were being developed under different mode of execution including Built Operate &amp; Transfer (BOT) (Toll), Built Operate &amp; Transfer (BOT) (Annuity) and Engineering, Procurement &amp; Construction (EPC) Mode.<\/p>\n<p>&#8220;NHAI extended undue benefit to concessionaires by resorting to post-tender amendments. The premium payable by the concessionaire was laid down in a legal contract drawn up after an open bidding process, in which premium offered was the one and only parameter in deciding upon the financial bids (request for proposal). <\/p>\n","protected":false},"excerpt":{"rendered":"<p>In its compliance audit report on &#8216;Rationalisation\/Deferment of Premium in BOT Projects in NHAI&#8217;, the CAG noted that the National Highways Authority of India (NHAI) extended undue benefit to concessionaires. National Highways were being developed under different mode of execution including Built Operate &amp; Transfer (BOT) (Toll), Built Operate &amp; Transfer (BOT) (Annuity) and Engineering, Procurement &amp; Construction (EPC) Mode. &#8220;NHAI extended undue benefit to concessionaires by resorting to post-tender amendments. The premium payable by the concessionaire was laid down in a legal contract drawn up after an open bidding process, in which premium offered was the one and only [&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-511984","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\/511984","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=511984"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/511984\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=511984"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=511984"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=511984"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}