https://www.taxtmi.com/news?id=30134 Completion of the Z Morh tunnel followed cessation of work by the initial concessionaire due to financial distress; the project was re tendered and awarded to the lowest responsive bidder, enabling final execution and commissioning. The procurement sequence underscores concessionaire insolvency risk, public re tendering as a remedial mechanism, and contractual transfer of project delivery to a replacement contractor. en-us Mon, 13 Jan 2025 13:16:02 +0530 Mon, 13 Jan 2025 13:16:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=30134 Completion of the Z Morh tunnel followed cessation of work by the initial concessionaire due to financial distress; the project was re tendered and awarded to the lowest responsive bidder, enabling final execution and commissioning. The procurement sequence underscores concessionaire insolvency risk, public re tendering as a remedial mechanism, and contractual transfer of project delivery to a replacement contractor. News - Mon, 13 Jan 2025 13:16:02 +0530 https://www.taxtmi.com/news?id=30134