MCG Demands Rs 12.8 Crore Bank Guarantee From Agencies For Doorstep Garbage Collection

Times of India · india

MCG has urged two awarded agencies to submit a performance bank guarantee of over Rs 12 crore. This is a crucial step for processing the contract for doorstep garbage collection, a service residents have awaited for over two years. The agencies were awarded work but have yet to submit the required security deposit. The MCG has issued notices, emphasizing that the contract cannot be finalized without this submission.