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PH blacklists 3 firms for unfulfilled NIA contracts


Published February 19, 2021, 5:00 AM
Three companies were officially blacklisted from participating in any government-funded projects in the Philippines for failure to deliver their contractual obligations with the National Irrigation Administration (NIA).
A NIA statement identified the three project contractors, namely the consortium of ITP Construction, Inc. and Guangxi Hydroelectric Construction Bureau Co., Ltd., MAC Builders, and Premium Megastructures, Inc.
National Irrigation Administration (MANILA BULLETIN)
Subsequently, aggregate performance security of the contractors amounting to P2.06billion will also be forfeited.
NIA said this is pursuant to Section 69 (Imposition of Administrative Penalties) of the Republic Act (RA) No. 9184 (Government Procurement Reform Act) and upon the findings and recommendations of the Contract Termination Review Committee (CTRC) in its Resolution of Termination. ....

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NIA bans 3 contractors for breach of obligation


February 19, 2021 | 12:06 am
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THE NATIONAL Irrigation Administration (NIA) has blacklisted three contractors from any government procurement contract until early next year for failing to meet their obligations without a valid reason.
In a statement on Thursday, NIA identified the contractors as MAC Builders; the consortium of ITP Construction, Inc. and Guangxi Hydroelectric Construction Bureau Co., Ltd; and Premium Megastructures, Inc.
They were served with blacklist orders on their respective contracts for their failure to fully comply with contractual obligations without a valid cause or non-compliance to any written lawful instruction of the procuring entity or its representative.
The blacklist orders were recommended by the government agency’s contract termination review committee. ....

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Global Rack and Pinion Elevator Market 2020 Company Overview, Recent Developments and SWOT Analysis 2025 – Business


iCrowdNewswire   Jan 6, 2021  11:20 AM ET
MarketsandResearch.biz replete with a precise analysis of the market, specifically that approach market size, trends, share, outlook, production, and futuristic development trends and present and future market status from 2020 to 2025. The report comprises of a comprehensive investigation into the geographical landscape, industry size along with the revenue estimation of the business. The report supplies a point by point analysis dependent on the exhaustive research of the global Rack and Pinion Elevator market elements like development situation, potential opportunities, and operation landscape and trend analysis. The study recognizes the factors behind the growth of certain segments and focuses on business models expected to create new revenue for market players. The report also offers insight into emerging trends and restraints. ....

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