New Delh: Union Finance Minister Nirmala Sitharaman on Wednesday said that all Central agencies to provide an extension of up to 6 months, without cost to contractor, to obligations like completion of work covering construction and goods and services contracts.
Government agencies to partially release bank guarantee, to the extent contracts are partially completed, to ease cash flows.
In a major relief to contractors, all Central agencies to provide an extension of up to 6 months, without cost to contractor, to obligations like completion of work covering construction and goods and services contracts: Finance Minister Nirmala Sitharaman pic.twitter.com/xkdsKobK3Z
— ANI (@ANI) May 13, 2020
