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<p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">As per the new criteria, the Ministry of Finance cannot sign an agreement with the contractors to waive customs duty, income tax, VAT and other taxes without the prior approval of the National Planning Commission (NPC).</span></span></p>
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<p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">The new criteria have made it mandatory for the contractors to secure the source of funds as per the medium-term expenditure framework before signing the contract. The contractors will now have to first sign agreement with donor agencies if the projects are to be funded with foreign investment.</span></span></p>
<p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">As per the new criteria, the Ministry of Finance cannot sign an agreement with the contractors to waive customs duty, income tax, VAT and other taxes without the prior approval of the National Planning Commission (NPC).</span></span></p>
<p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">According to the Ministry of Physical Infrastructure and Transport, more than 500 projects each worth Rs 300,000 to Rs 1 billion have been delayed, mainly due to non-performing contractors.</span></span></p>
<p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">Other reasons for the delay is the contractors’ access to influential politicians, dispute in compensation for land acquisition, management of electric poles and drainage system, court orders, protests from the locals among others.</span></span></p>
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include - APP/View/Articles/view.ctp, line 115
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
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Notice (8): Trying to access array offset on value of type null [APP/View/Articles/view.ctp, line 115]
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<p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">The new criteria have made it mandatory for the contractors to secure the source of funds as per the medium-term expenditure framework before signing the contract. The contractors will now have to first sign agreement with donor agencies if the projects are to be funded with foreign investment.</span></span></p>
<p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">As per the new criteria, the Ministry of Finance cannot sign an agreement with the contractors to waive customs duty, income tax, VAT and other taxes without the prior approval of the National Planning Commission (NPC).</span></span></p>
<p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">According to the Ministry of Physical Infrastructure and Transport, more than 500 projects each worth Rs 300,000 to Rs 1 billion have been delayed, mainly due to non-performing contractors.</span></span></p>
<p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">Other reasons for the delay is the contractors’ access to influential politicians, dispute in compensation for land acquisition, management of electric poles and drainage system, court orders, protests from the locals among others.</span></span></p>
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<p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">The new criteria have made it mandatory for the contractors to secure the source of funds as per the medium-term expenditure framework before signing the contract. The contractors will now have to first sign agreement with donor agencies if the projects are to be funded with foreign investment.</span></span></p>
<p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">As per the new criteria, the Ministry of Finance cannot sign an agreement with the contractors to waive customs duty, income tax, VAT and other taxes without the prior approval of the National Planning Commission (NPC).</span></span></p>
<p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">According to the Ministry of Physical Infrastructure and Transport, more than 500 projects each worth Rs 300,000 to Rs 1 billion have been delayed, mainly due to non-performing contractors.</span></span></p>
<p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">Other reasons for the delay is the contractors’ access to influential politicians, dispute in compensation for land acquisition, management of electric poles and drainage system, court orders, protests from the locals among others.</span></span></p>
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include - APP/View/Articles/view.ctp, line 115
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::render() - CORE/Cake/View/View.php, line 473
Controller::render() - CORE/Cake/Controller/Controller.php, line 968
Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200
Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167
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Notice (8): Trying to access array offset on value of type null [APP/View/Articles/view.ctp, line 116]
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<p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">The new criteria have made it mandatory for the contractors to secure the source of funds as per the medium-term expenditure framework before signing the contract. The contractors will now have to first sign agreement with donor agencies if the projects are to be funded with foreign investment.</span></span></p>
<p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">As per the new criteria, the Ministry of Finance cannot sign an agreement with the contractors to waive customs duty, income tax, VAT and other taxes without the prior approval of the National Planning Commission (NPC).</span></span></p>
<p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">According to the Ministry of Physical Infrastructure and Transport, more than 500 projects each worth Rs 300,000 to Rs 1 billion have been delayed, mainly due to non-performing contractors.</span></span></p>
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<p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">As per the new criteria, the Ministry of Finance cannot sign an agreement with the contractors to waive customs duty, income tax, VAT and other taxes without the prior approval of the National Planning Commission (NPC).</span></span></p>
<p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">According to the Ministry of Physical Infrastructure and Transport, more than 500 projects each worth Rs 300,000 to Rs 1 billion have been delayed, mainly due to non-performing contractors.</span></span></p>
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include - APP/View/Articles/view.ctp, line 116
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::render() - CORE/Cake/View/View.php, line 473
Controller::render() - CORE/Cake/Controller/Controller.php, line 968
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<p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">The new criteria have made it mandatory for the contractors to secure the source of funds as per the medium-term expenditure framework before signing the contract. The contractors will now have to first sign agreement with donor agencies if the projects are to be funded with foreign investment.</span></span></p>
<p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">As per the new criteria, the Ministry of Finance cannot sign an agreement with the contractors to waive customs duty, income tax, VAT and other taxes without the prior approval of the National Planning Commission (NPC).</span></span></p>
<p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">According to the Ministry of Physical Infrastructure and Transport, more than 500 projects each worth Rs 300,000 to Rs 1 billion have been delayed, mainly due to non-performing contractors.</span></span></p>
<p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">Other reasons for the delay is the contractors’ access to influential politicians, dispute in compensation for land acquisition, management of electric poles and drainage system, court orders, protests from the locals among others.</span></span></p>
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<p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">The new criteria have made it mandatory for the contractors to secure the source of funds as per the medium-term expenditure framework before signing the contract. The contractors will now have to first sign agreement with donor agencies if the projects are to be funded with foreign investment.</span></span></p>
<p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">As per the new criteria, the Ministry of Finance cannot sign an agreement with the contractors to waive customs duty, income tax, VAT and other taxes without the prior approval of the National Planning Commission (NPC).</span></span></p>
<p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">According to the Ministry of Physical Infrastructure and Transport, more than 500 projects each worth Rs 300,000 to Rs 1 billion have been delayed, mainly due to non-performing contractors.</span></span></p>
<p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">Other reasons for the delay is the contractors’ access to influential politicians, dispute in compensation for land acquisition, management of electric poles and drainage system, court orders, protests from the locals among others.</span></span></p>
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[main] - APP/webroot/index.php, line 117
March 12: The government has adopted strict criteria while awarding multi-year projects to contractors due to the non-performance of the contractors. While the number of projects is increasing, the implementation part is quite pathetic. Therefore, the government has set new criteria for awarding multi-year projects to ensure timely completion of such projects.
The new criteria have made it mandatory for the contractors to secure the source of funds as per the medium-term expenditure framework before signing the contract. The contractors will now have to first sign agreement with donor agencies if the projects are to be funded with foreign investment.
As per the new criteria, the Ministry of Finance cannot sign an agreement with the contractors to waive customs duty, income tax, VAT and other taxes without the prior approval of the National Planning Commission (NPC).
According to the Ministry of Physical Infrastructure and Transport, more than 500 projects each worth Rs 300,000 to Rs 1 billion have been delayed, mainly due to non-performing contractors.
Other reasons for the delay is the contractors’ access to influential politicians, dispute in compensation for land acquisition, management of electric poles and drainage system, court orders, protests from the locals among others.
FormHelper::create() - CORE/Cake/View/Helper/FormHelper.php, line 383
include - APP/View/Articles/view.ctp, line 273
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::render() - CORE/Cake/View/View.php, line 473
Controller::render() - CORE/Cake/Controller/Controller.php, line 968
Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200
Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167
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<p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">The new criteria have made it mandatory for the contractors to secure the source of funds as per the medium-term expenditure framework before signing the contract. The contractors will now have to first sign agreement with donor agencies if the projects are to be funded with foreign investment.</span></span></p>
<p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">As per the new criteria, the Ministry of Finance cannot sign an agreement with the contractors to waive customs duty, income tax, VAT and other taxes without the prior approval of the National Planning Commission (NPC).</span></span></p>
<p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">According to the Ministry of Physical Infrastructure and Transport, more than 500 projects each worth Rs 300,000 to Rs 1 billion have been delayed, mainly due to non-performing contractors.</span></span></p>
<p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">Other reasons for the delay is the contractors’ access to influential politicians, dispute in compensation for land acquisition, management of electric poles and drainage system, court orders, protests from the locals among others.</span></span></p>
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<p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">The new criteria have made it mandatory for the contractors to secure the source of funds as per the medium-term expenditure framework before signing the contract. The contractors will now have to first sign agreement with donor agencies if the projects are to be funded with foreign investment.</span></span></p>
<p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">As per the new criteria, the Ministry of Finance cannot sign an agreement with the contractors to waive customs duty, income tax, VAT and other taxes without the prior approval of the National Planning Commission (NPC).</span></span></p>
<p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">According to the Ministry of Physical Infrastructure and Transport, more than 500 projects each worth Rs 300,000 to Rs 1 billion have been delayed, mainly due to non-performing contractors.</span></span></p>
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include - APP/View/Elements/side_bar.ctp, line 60
View::_evaluate() - CORE/Cake/View/View.php, line 971
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View::_renderElement() - CORE/Cake/View/View.php, line 1224
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include - APP/View/Articles/view.ctp, line 391
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Warning (2): simplexml_load_file() [<a href='http://php.net/function.simplexml-load-file'>function.simplexml-load-file</a>]: I/O warning : failed to load external entity "" [APP/View/Elements/side_bar.ctp, line 60]
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<p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">As per the new criteria, the Ministry of Finance cannot sign an agreement with the contractors to waive customs duty, income tax, VAT and other taxes without the prior approval of the National Planning Commission (NPC).</span></span></p>
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<p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">As per the new criteria, the Ministry of Finance cannot sign an agreement with the contractors to waive customs duty, income tax, VAT and other taxes without the prior approval of the National Planning Commission (NPC).</span></span></p>
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simplexml_load_file - [internal], line ??
include - APP/View/Elements/side_bar.ctp, line 60
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::_renderElement() - CORE/Cake/View/View.php, line 1224
View::element() - CORE/Cake/View/View.php, line 418
include - APP/View/Articles/view.ctp, line 391
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::render() - CORE/Cake/View/View.php, line 473
Controller::render() - CORE/Cake/Controller/Controller.php, line 968
Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200
Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167
[main] - APP/webroot/index.php, line 117
file not found!
Notice (8): Undefined variable: file [APP/View/Elements/side_bar.ctp, line 133]
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'summary' => 'March 12: The government has adopted strict criteria while awarding multi-year projects to contractors due to the non-performance of the contractors.',
'content' => '<p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">March 12: The government has adopted strict criteria while awarding multi-year projects to contractors due to the non-performance of the contractors. While the number of projects is increasing, the implementation part is quite pathetic. Therefore, the government has set new criteria for awarding multi-year projects to ensure timely completion of such projects.</span></span></p>
<p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">The new criteria have made it mandatory for the contractors to secure the source of funds as per the medium-term expenditure framework before signing the contract. The contractors will now have to first sign agreement with donor agencies if the projects are to be funded with foreign investment.</span></span></p>
<p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">As per the new criteria, the Ministry of Finance cannot sign an agreement with the contractors to waive customs duty, income tax, VAT and other taxes without the prior approval of the National Planning Commission (NPC).</span></span></p>
<p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">According to the Ministry of Physical Infrastructure and Transport, more than 500 projects each worth Rs 300,000 to Rs 1 billion have been delayed, mainly due to non-performing contractors.</span></span></p>
<p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">Other reasons for the delay is the contractors’ access to influential politicians, dispute in compensation for land acquisition, management of electric poles and drainage system, court orders, protests from the locals among others.</span></span></p>
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<p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">The new criteria have made it mandatory for the contractors to secure the source of funds as per the medium-term expenditure framework before signing the contract. The contractors will now have to first sign agreement with donor agencies if the projects are to be funded with foreign investment.</span></span></p>
<p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">As per the new criteria, the Ministry of Finance cannot sign an agreement with the contractors to waive customs duty, income tax, VAT and other taxes without the prior approval of the National Planning Commission (NPC).</span></span></p>
<p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">According to the Ministry of Physical Infrastructure and Transport, more than 500 projects each worth Rs 300,000 to Rs 1 billion have been delayed, mainly due to non-performing contractors.</span></span></p>
<p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">Other reasons for the delay is the contractors’ access to influential politicians, dispute in compensation for land acquisition, management of electric poles and drainage system, court orders, protests from the locals among others.</span></span></p>
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include - APP/View/Elements/side_bar.ctp, line 133
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::_renderElement() - CORE/Cake/View/View.php, line 1224
View::element() - CORE/Cake/View/View.php, line 418
include - APP/View/Articles/view.ctp, line 391
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::render() - CORE/Cake/View/View.php, line 473
Controller::render() - CORE/Cake/Controller/Controller.php, line 968
Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200
Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167
[main] - APP/webroot/index.php, line 117
Warning (2): simplexml_load_file() [<a href='http://php.net/function.simplexml-load-file'>function.simplexml-load-file</a>]: I/O warning : failed to load external entity "" [APP/View/Elements/side_bar.ctp, line 133]
$viewFile = '/var/www/html/newbusinessage.com/app/View/Elements/side_bar.ctp'
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'title' => 'New Criteria for Awarding Multi-Year Projects',
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'summary' => 'March 12: The government has adopted strict criteria while awarding multi-year projects to contractors due to the non-performance of the contractors.',
'content' => '<p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">March 12: The government has adopted strict criteria while awarding multi-year projects to contractors due to the non-performance of the contractors. While the number of projects is increasing, the implementation part is quite pathetic. Therefore, the government has set new criteria for awarding multi-year projects to ensure timely completion of such projects.</span></span></p>
<p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">The new criteria have made it mandatory for the contractors to secure the source of funds as per the medium-term expenditure framework before signing the contract. The contractors will now have to first sign agreement with donor agencies if the projects are to be funded with foreign investment.</span></span></p>
<p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">As per the new criteria, the Ministry of Finance cannot sign an agreement with the contractors to waive customs duty, income tax, VAT and other taxes without the prior approval of the National Planning Commission (NPC).</span></span></p>
<p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">According to the Ministry of Physical Infrastructure and Transport, more than 500 projects each worth Rs 300,000 to Rs 1 billion have been delayed, mainly due to non-performing contractors.</span></span></p>
<p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">Other reasons for the delay is the contractors’ access to influential politicians, dispute in compensation for land acquisition, management of electric poles and drainage system, court orders, protests from the locals among others.</span></span></p>
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'content' => '<p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">March 12: The government has adopted strict criteria while awarding multi-year projects to contractors due to the non-performance of the contractors. While the number of projects is increasing, the implementation part is quite pathetic. Therefore, the government has set new criteria for awarding multi-year projects to ensure timely completion of such projects.</span></span></p>
<p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">The new criteria have made it mandatory for the contractors to secure the source of funds as per the medium-term expenditure framework before signing the contract. The contractors will now have to first sign agreement with donor agencies if the projects are to be funded with foreign investment.</span></span></p>
<p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">As per the new criteria, the Ministry of Finance cannot sign an agreement with the contractors to waive customs duty, income tax, VAT and other taxes without the prior approval of the National Planning Commission (NPC).</span></span></p>
<p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">According to the Ministry of Physical Infrastructure and Transport, more than 500 projects each worth Rs 300,000 to Rs 1 billion have been delayed, mainly due to non-performing contractors.</span></span></p>
<p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">Other reasons for the delay is the contractors’ access to influential politicians, dispute in compensation for land acquisition, management of electric poles and drainage system, court orders, protests from the locals among others.</span></span></p>
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simplexml_load_file - [internal], line ??
include - APP/View/Elements/side_bar.ctp, line 133
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::_renderElement() - CORE/Cake/View/View.php, line 1224
View::element() - CORE/Cake/View/View.php, line 418
include - APP/View/Articles/view.ctp, line 391
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::render() - CORE/Cake/View/View.php, line 473
Controller::render() - CORE/Cake/Controller/Controller.php, line 968
Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200
Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167
[main] - APP/webroot/index.php, line 117
