NHAI Demands New Qualifying Norms for Developers

National Highways Authority of India (NHAI) is all set to start implementing a process that will have annual pre-qualification of developers. This means, each interested company will be technically evaluated and given requisite points annually. Such a move had been one of the long-standing demands of the developers.
 
At present, the NHAI carries out due diligence at request for qualification (RFQ) level. So, for each project, the bidders have to submit documents for technical qualifications, based on which NHAI has to do the calculations and verifications for selection.
 
This process has led to disputes between the NHAI and bidders on so-called arbitrary decisions. The new norms makes it easier for both the NHAI and developers.

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