The Hindu 30.03.2010
GVMC terminates contract for parking fee
Staff Reporter
VISAKHAPATNAM: The GVMC has terminated the contract with a private agency for collection of pre-paid parking fee in the city. Municipal Commissioner V.N. Vishnu said notices had been issued asking the agency not to collect the fee.
Instead, the corporation staff will now collect the fee.
The contract had been awarded on BOT basis from June 10, 2008 following a Standing Committee resolution that the agency would pay a monthly amount of Rs.1.1 lakh to the corporation. However, since the amount was not being paid the contract was terminated.
The Rs.10.29 lakhs due to the corporation would be adjusted from the bills to be paid to the agency from the Public Health Department.
