Highway projects worth Rs 110 bn stuck in disputes
ROADS & HIGHWAYS

Highway projects worth Rs 110 bn stuck in disputes

National Highways Authority of India (NHAI) and contractors are engaged in disputes on amounts of over Rs 11,000 crore. The government had appointed a committee, which looked into the dispute resolution mechanism. The recommendations were legally vetted by the Solicitor General of India. The major recommendations include offering one time settlement of pending disputes adopting a bucket-based approach. The committee also recommended dropping all cases, where the amount claimed is less than Rs 10 crore or five per cent of the contract price after a review by an independent expert group.

National Highways Authority of India (NHAI) and contractors are engaged in disputes on amounts of over Rs 11,000 crore. The government had appointed a committee, which looked into the dispute resolution mechanism. The recommendations were legally vetted by the Solicitor General of India. The major recommendations include offering one time settlement of pending disputes adopting a bucket-based approach. The committee also recommended dropping all cases, where the amount claimed is less than Rs 10 crore or five per cent of the contract price after a review by an independent expert group.

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