Times of India | Rs 76cr revenue loss for failure to penalise delayed projects: CAG

The state government incurred a revenue loss of Rs 76.38 crore due to the Public Works Department's failure to penalize contractors for significant project delays. Despite 95 road and bridge projects exceeding their deadlines by up to 1,609 days, no liquidated damages were imposed. This lapse deprived citizens of essential infrastructure and impacted financial discipline.

Read more: https://timesofindia.indiatimes.com/city/bhubaneswar/rs-76cr-revenue-loss-for-failure-to-penalise-delayed-projects-cag/articleshow/129932783.cms

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Rs 76cr revenue loss for failure to penalise delayed projects: CAG | Bhubaneswar News - The Times of India

Bhubaneswar: The state govt suffered a revenue loss of Rs 76.38 crore due to the public works department’s failure to impose liquidated damages on def.

The Times of India