By Namini Wijedasa
The Ministry of Transport, Highways and Urban Development this week blacklisted four leading building contractors, debarring them from participating in tenders for periods of between three years and six months.
It is the first time such action has ever been taken in the highways sector. M/s Consulting Engineers & Contractors (Pvt) Ltd (three years), M/s V.V. Karunaratne & Company (one year), M/s HOVAEL Construction (Pvt) Ltd (one year), and W.K.K. Engineering Company (Pvt) Ltd (six months), are also debarred from entering into any new contracts or subcontracts under the purview of the Ministry.
The actions were taken in accordance with Chapter 10.2 (B) of the new Procurement Guidelines, which were published in 2024 and came into effect in January this year.
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