Civic body floats fresh tender for Hancock Bridge as per GST rate - News Summed Up

Civic body floats fresh tender for Hancock Bridge as per GST rate


Earlier, the process of awarding the contract was put on hold due to change in GST rate. According to an official from the Bridge department of BMC, GST rate has been revised to 12 per cent from earlier 18 per cent. "With the change in GST rate, the overall price of the tender will also change," the official said. The BMC had reportedly awarded the contract for construction of four bridges, including the Hancock Bridge, to a blacklisted contractor. It is almost one and half years the 135-year-old Hancock bridge was demolished in November 2015.


Source: dna December 07, 2017 00:53 UTC


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