1. INTRODUCTION
1.1 The Ministry of Road Transport & Highways, through a
letter dated 2 November, 2020, has introduced changes to
eligibility criteria for bidders in relation to road projects
undertaken on Engineering, Procurement and Construction method
("EPC Projects"), to ensure larger
participation of bidders in road projects.
1.2 The changes hold significance as there are over 700 (seven
hundred) developers for EPC Projects, of which only 21 (twenty one)
are capable of executing projects worth over INR 2,000 crore
(Rupees two thousand crore) as per the previous qualification
criteria.
The article discusses the key changes introduced to the bidder
qualification criteria for EPC Projects.
