Associated Chambers of Commerce and Industry of India (ASSOCHAM)
“Enforcement of Contracts for Underground Construction and Tunneling”
Associated Chambers of Commerce and Industry of India (ASSOCHAM India) organized Round Table Discussion on “Enforcement of Contracts for Underground Construction and Tunneling” on 12th February, 2020 at Oberoi Hotel, Delhi.
The subject “Enforcement of Contracts for Underground Construction and Tunneling” is the main reason for the delay in contract delivery and is a major concern for contractors. So ASSOCHAM reviewed a lot of contracts and agreements and highlighted different condition/clause of contract in their PPT. On the other side government is also looking a suitable way to abolish inappropriate condition of contract and abandonment of contracts in future. So both the contractor and government come together at ASSOCHAM platform. ASSOCHAM gave a presentation on the same and discussed the issues. The questions of the conference were answered by Shri Nitin J. Gadkari, Hon’ble Union Minister, and Shri V.K. Singh, State Union Minister for Road, Transport and Highways and also by the top officials of NHAI, NHIDCL, BRO which were asked by the contractors/consultants and the sub-contractors present there.
The Minister understood the issue very well and assured that all necessary actions for reform will be taken and he also said that we all are in this together and we need to support each other to make things better.
Spar Geo Infra Pvt. Ltd. is a member of ASSOCHAM India and the conference was attended by Mr. SatishRam K. Goyal, Managing Director of our company. It was a very good experience and we will believe that the government will help the contractors in fast delivery of contracts.