Deccan Herald 24.06.2013
BBMP blacklists company for violating contract
The Bruhat Bangalore Mahanagara Palike (BBMP)
has blacklisted Hype Integrated Communications, a which was given the
contract of building bus shelters in the City, for not paying their
taxes and violating the terms of contract with the Palike.
According
to a press release issued by the Palike, the company was in arrears of
annual licence fee, fine, service tax and advertisement tax, all
totalling to Rs 4.08 crore.
It had entered into a contract with
BBMP in May 2008 to construct 131 bus shelters across the City on a
build-operate-transfer (BOT) basis and was expected to complete the task
by October 2008.
While the BBMP provided alternative sites to the
company, the latter was unable to complete the work even by January 2010
as a result of which it was slapped a fine, according to the press
release.
