A-Class contracts open to B-Arch holders

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Bhubaneswar: Persons with bachelors degree in architecture can now apply for the state’s A-Class contracts. Until now only engineering graduates were allowed to apply for such contracts.
A memorandum issued by the works department, Thursday, states that architecture graduates will be considered for A-Class contractorship and will not be required to make any Earnest Money Deposit (EMD) as was required under the existing norms. They will, however, have to pay 50 per cent of the registration fee.
“Architecture graduates with an A-Class licence shall be allowed to participate in the tender without deposit of Earnest Money Deposit (EMD) and Initial Security Deposit (ISD) at the time of signing the agreement and deduction of required percentage of performance security deposit from bills,” it said.
Sources said deposits have to be made in the form of Term Deposit, Demand Draft or Bank Guarantee twice by construction firms desirous of taking up any government work. The first deposit, ranging from 1 to 2 per cent, is deposited as EMD along with tender. The second deposit is made when work is awarded to the selected firm. The amount, termed as Initial Security Deposit (ISD), is decided by the department concerned and the contractor has to deposit the required amount of financial instrument.
The government has also decided to exempt EMD for such contractors only for three works in a financial year. Besides, they will get work contracts for at least Rs 2 lakh in a financial year at the current schedule of rates without calling for tenders.