Indian Express 03.12.2010
Sec-17 parking lot: No consensus yet between contractor, MC
The multilevel parking lot to be constructed in Sector 17 is going to be delayed further with no consensus between the Municipal Corporation and the agency that had been given the contract to construct the parking lot.
A meeting of the representatives from the agency — Subhash Projects and Marketing Limited (SPML) — was held with the civic body officials on November 30. The agency has asked for extension in the concession period, which the MC has not yet agreed to.
In a meeting of the secretaries held on Wednesday, it was discussed that if no consensus is reached, arbitration proceedings would be initiated. In case no solution is reached, the cost of shifting of cables amounting to Rs 3 crore could be recovered from SPML.
The project was approved in 2007; however, it took almost two years for the layout plan to be approved. Thereafter, it was realised that electricity cables were present at the site that needed to be shifted before work could be started. The shifting of wires took almost a year and in August the site was handed over to the MC.
When the agency was approached to start construction, it was stated that due to the delay, the cost of construction has gone up, which is why the concession period should be extended.
