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Kantatoli Bus Stand: Tender cancellation results in ₹4.29 crore revenue loss for the corporation and ₹90 lakh GST loss for the government.
After being canceled due to a tender bid of ₹7.50 crore, the bidding process has resurfaced in Ranchi Municipal Corporation with another tender bid of just ₹3.20 crore. The latest case is related to the tender for the Khadgadda bus stand located in Kantatoli. This tender resulted in more loss than profit for the corporation because the online bid for the bus stand that was floated by the corporation was only ₹3,20,80,000. The corporation had set a reserve price of ₹3.20 crore for the bus stand.
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कांटाटोली बस स्टैंड:टेंडर रद्द होने से निगम को 4.29 करोड़ राजस्व और सरकार को 90 लाख रुपए जीएसटी की हानि