{"id":650403,"date":"2025-10-29T09:07:31","date_gmt":"2025-10-29T03:37:31","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=650403"},"modified":"2025-10-29T10:03:29","modified_gmt":"2025-10-29T04:33:29","slug":"bidding-norms-for-highways-set-for-major-overhaul","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/bidding-norms-for-highways-set-for-major-overhaul\/","title":{"rendered":"Bidding norms for highways set for major overhaul"},"content":{"rendered":"<p>The government is working on a new financing model for highway development that will further reduce the risk for private developers and will, in a couple of days, unveil an overhauled concession model for building roads through the Built Operate Transfer (BOT) mode. <\/p>\n<p>The complete restructuring of the Model Concession Agreement (MCA) after 15-16 years has taken nine months during which \u201ceach word, clause and sentence\u201d has undergone review, Secretary in the Ministry of Road Transport and Highways V Umashankar said on Tuesday.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The government is working on a new financing model for highway development that will further reduce the risk for private developers and will, in a couple of days, unveil an overhauled concession model for building roads through the Built Operate Transfer (BOT) mode. The complete restructuring of the Model Concession Agreement (MCA) after 15-16 years has taken nine months during which \u201ceach word, clause and sentence\u201d has undergone review, Secretary in the Ministry of Road Transport and Highways V Umashankar said on Tuesday.<\/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":[130,197,138],"tags":[],"class_list":["post-650403","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-roads-the-financial-express","category-the-financial-express"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/650403","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=650403"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/650403\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=650403"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=650403"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=650403"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}