Higher Bids

Sam Marshall of Hudson & Marshall (not seen) prepares to drop his gavel signaling bidding is over and another house is sold at an auction of foreclosed homes in Denver April 19, 2008. Over 400 people attended the auction selling almost 100 lender-owned properties. REUTERS/Rick Wilking (UNITED STATES) - RTR1ZOCL

In a note of 1.06.2018, Aruna Sundararajan, telecom secretary had observed, “There is an inordinate delay in finalizing the BharatNet EPC and non-EPC DPR and tenders. As the consequence of which, the on ground work is yet to fully commence on BhartNet Phase II. It is also observed that there is significant cost escalation in the tenders opened so far. A committee comprising of SS(T) as Chairman, Administrator and Advisor (F) to be constituted to suggest way forward, keeping in view the need to ensure optimal cost and early finalization of tenders.”

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