CEO Tab
  • Home
  • Prime News
  • International Market
  • Special Report
  • Corporate
  • Opinion
  • Next Gen
  • Entertainment
No Result
View All Result
CEO Tab
  • Home
  • Prime News
  • International Market
  • Special Report
  • Corporate
  • Opinion
  • Next Gen
  • Entertainment
No Result
View All Result
CEO Tab
No Result
View All Result
Home Prime News

PPMO Blacklists 21 Construction Companies for Failing to Fulfill Contracts

CEO Tab by CEO Tab
December 4, 2024
in Prime News
0
PPMO blacklists seven construction companies
75
SHARES
1.2k
VIEWS
Share on FacebookShare on Twitter

The Public Procurement Monitoring Office (PPMO) has blacklisted 21 construction companies for failing to complete their contractual obligations. These sanctions have been imposed for varying durations, depending on the severity of the issues with each company.

You might also like

Number of Registered Cooperatives in Nepal Reaches 32,325

Government Working to Resolve Tea Export Issues with India: Industry Minister

CIB Recommends Freezing Share Transactions of 56 Individuals Over Alleged Market Manipulation

Nava Durga Builders, based in Jorpati and operated by Shiva Prasad Dangal, has been blacklisted for three years. This decision was made following a recommendation from the Shankharapur Municipality Office, effectively barring the company from participating in public procurement activities for the next three years.

Sapan Shailung JV, a joint venture involving Sapan Construction from Hetauda (owned by Hariprasad Dhakal) and Shailung Construction from Dholahiti, Lalitpur (owned by Sharada Prasad Adhikari), has been blacklisted for two and a half years. The penalty came after a recommendation from the Federal Road Supervision and Monitoring Office in Chaurjahari, Rukum West, under the Department of Roads.

Two other companies were blacklisted for two years. Tenim Multipurpose Company from Musikot, Rukum West, and KR Construction from Kohalpur, Banke, both faced this penalty. KR Construction’s blacklisting followed a letter from Nepal Rastra Bank.

Khadgadevi Construction from Bandipur, Tanahun, has been blacklisted for one and a half years. This decision was based on a recommendation from Bhanu Municipality in Tanahun, which was followed by the PPMO’s enforcement of the penalty.

The remaining companies were blacklisted for one year. These include Tapt Construction Service, Purn Construction Service, and IA Construction from Birendranagar, Surkhet. Additionally, Hardik Construction, Jisan Traders & Order Suppliers, and Sabina General & Order Suppliers, all from Banke, were blacklisted for one year. Other companies in this group include Yas Keshari Construction from Humla, SK Construction Service, Travelers Crew Construction from Kavre, and Unique Construction Service from Khotang. Universal Trade & Technology Pvt Ltd from Kalikasthan, Kathmandu; GC Construction from Kaski; Mahima Construction from Bardiya; and Jayaswal Construction from Dhanusha were also blacklisted for one year.

These blacklisting measures reflect the PPMO’s efforts to ensure that construction companies meet their contractual obligations and maintain quality standards in public procurement projects. The companies involved are now barred from participating in future public procurement activities for the duration of their respective blacklisting periods.

Share30Tweet19
CEO Tab

CEO Tab

Recommended For You

Number of Registered Cooperatives in Nepal Reaches 32,325

by CEO Tab
May 29, 2026
0
Number of Registered Cooperatives in Nepal Reaches 32,325

According to the Economic Survey for the fiscal year 2025/26 published by the Ministry of Finance, the number of registered cooperatives across Nepal reached 32,325 by mid-March 2026....

Read more

Government Working to Resolve Tea Export Issues with India: Industry Minister

by CEO Tab
May 29, 2026
0
Government Working to Resolve Tea Export Issues with India: Industry Minister

Minister for Industry, Commerce and Supplies Gauri Kumari has stated that progress is being made toward resolving the challenges affecting Nepal’s tea exports to India. Addressing lawmakers during...

Read more

CIB Recommends Freezing Share Transactions of 56 Individuals Over Alleged Market Manipulation

by CEO Tab
May 29, 2026
0
CIB Recommends Freezing Share Transactions of 56 Individuals Over Alleged Market Manipulation

The Central Investigation Bureau (CIB) of Nepal Police has recommended freezing the share transactions of 56 prominent individuals associated with various merchant banking and insurance companies over alleged...

Read more

Federal Parliament Ready for FY 2026/27 Budget Presentation

by CEO Tab
May 29, 2026
0
Federal Parliament Ready for FY 2026/27 Budget Presentation

The Federal Parliament Secretariat has finalized all preparations for Friday’s joint parliamentary session, during which the annual revenue and expenditure estimates for the fiscal year 2026/27 will be...

Read more

DDC Pays Rs 120 Million to Dairy Farmers Amid Efforts to Clear Outstanding Dues

by CEO Tab
May 28, 2026
0
DDC Pays Rs 120 Million to Dairy Farmers Amid Efforts to Clear Outstanding Dues

The state-owned Dairy Development Corporation (DDC) has paid Rs 120 million to dairy farmers as part of its ongoing effort to clear long-pending payments. According to the DDC,...

Read more
Next Post
Super Kabeli ‘A’ Hydropower Project Begins Power Generation in Taplejung

Super Kabeli 'A' Hydropower Project Begins Power Generation in Taplejung

Browse by Category

  • Corporate
  • Entertainment
  • Featured
  • International
  • Major Story
  • Next Gen
  • Opinion
  • Prime News
  • Special Report
  • Tete – A – Tete

EDITOR

Manish Raj Poudel
info@ceotab.com
9841317747


PUBLISHED BY

Welcome Group
www.welcomeadnepal.com

Publisher

www.ceotab.com is a premium news portal being run by Welcome Group. The website features quality business/economic news contents,  in-depth profiles of companies, stories of struggle and success of entrepreneurs, articles that assess various dimensions of  the commerce, trade and economy.

Editor

Manish Raj Poudel

info@ceotab.com

9841317747

Sub-Editor

Riza Poudel

poudelriza@gmail.com

Archives

© 2023 CEO Tab. All rights reserved.

No Result
View All Result
  • Home
  • Prime News
  • International Market
  • Special Report
  • Corporate
  • Opinion
  • Next Gen
  • Entertainment

© 2023 CEO Tab. All rights reserved.