Infolex Newsalert - Highlights of the Changes in Bidder Eligibility Criteria for EPC Projects

Published On: 15/11/2020

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The Ministry of Road Transport & Highways, through a letter dated 2 November 2020, has introduced changes to eligibility criteria for bidders in relation to road projects undertaken on Engineering, Procurement and Construction method (“EPC Projects”), to ensure larger participation of bidders in road projects. The changes hold significance as there are over 700 (seven hundred) developers for EPC Projects, of which only 21 (twenty-one) are capable of executing projects worth over INR 2,000 crore as per the previous qualification criteria. INDUSLAW’s Sabrina Afroze and Shekhar Yadav discuss the key changes in the bidder qualification criteria.