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    <title>NHAI to bid out 124 road projects worth Rs 3.4 lakh crore in FY26</title>
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    <description>NHAI will bid 124 highway and expressway projects across BOT, HAM and EPC procurement models; BOT and HAM projects include concession-based maintenance obligations for the concession period (generally 15-20 years for BOT and typically 15 years for HAM), while EPC contracts carry Defect Liability Periods of five years for bituminous pavement and ten years for concrete pavement.</description>
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