The Hindu 10.01.2014
VMC to clear dues of contractors
Municipal Commissioner C. Hari Kiran held parleys with
municipal contractors here to sort out the issue of pending dues here on
Thursday.
The Vijayawada Municipal Corporation (VMC) has to pay Rs.16 crore to the contractors for the works taken up under general funds.
The Commissioner assured them that Rs.4 crore would be released immediately and remaining in instalments.
The
Commissioner told them that Rs.50 lakh would be paid every month to
them. The contractors, however, were of the view that at least Rs.2
crore be paid every month.
Else, the dues would be pending for another two years from now.
The VMC has to pay Rs.30 crore towards the works taken up under JNNURM programme.
The
Commissioner, in this regard, told the contractors that it would be
cleared shortly as the government had assured to release Rs.50 crore,
sources say.
