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The Government of India granted the status of a 'Navratna Company' to NBCC with effect from 23 June 2014. [11] [12] The status of a 'Navratna PSE' made NBCC eligible to invest up to Rs 1,000 crore without the requirement of explicit government approval. In October 2014, NBCC set up its wholly owned subsidiary NBCC Services Limited (NSL). [13]
In February 1982, the APGA President chose the members of the first NBCC Board, and the board’s first meeting was in April 1982. In July 1982, NBCC was incorporated as a not-for-profit entity separate from APGA. The separation ensured an unbiased certification process and an assumption of liability on the part of NBCC. [4]
A tender announcement from the Indonesian Ministry of Finance. An invitation to tender (ITT, also known as a call for bids [1] or a request for tenders) is a formal, structured procedure for generating competing offers from different potential suppliers or contractors looking to obtain an award of business activity in works, supply, or service contracts, often from companies who have been ...
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Anoop Kumar Mittal was the Former Chairman and Managing Director (CMD) of NBCC, [2] [3] responsible for overseeing policy and strategic decision making of the company. His career at NBCC spans over 30 years. Prior to his appointment as the CMD in 2013, Mittal was Director of Projects division in NBCC.
Design–bid–build (or design/bid/build, and abbreviated D–B–B or D/B/B accordingly), also known as Design–tender (or "design/tender"), traditional method, or hardbid, is a project delivery method in which the agency or owner contracts with separate entities for the design and construction of a project.
The tender board of the Namibian government has been established by the Tender Board Act. 16 of 1996. [1] Preference is given to local companies if possible. Since early 2010, all unskilled and semi-skilled labour must be sourced from within Namibia in order to qualify for government tenders. [2] Namibia is not a democratic country.
The 597-foot Statue of Unity in Gujarat – the tallest statue in the world [1]. This is a list of megaprojects in India."Megaprojects are temporary endeavours (i.e., projects) characterized by large investment commitment, vast complexity (especially in organisational terms), and long-lasting impact on the economy, the environment, and society".