Question : BANK GUARANTEE BOND FROM CONTRACTOR IN DDA



(a) whether the Delhi Development Authority (DDA) has suffered a loss of crores of rupees during the last three years due to non-acceptance of bank guarantee bond from a contractor in DDA;

(b) if so, the facts thereof;

(c) whether the Central Vigilance Commission (CVC) has suggested to the DDA to take strict action in the matter;

(d) if so, the details thereof; and

(e) the action taken by the DDA in this regard?

Answer given by the minister


THE MINISTER OF STATE IN THE MINISTRY OF URBAN DEVELOPMENT (SHRI SAUGATA ROY)

(a) & (b) : DDA has reported that it has not suffered any loss due to non-acceptance of bank guarantee bond from the contractors.

(c) to (e) : Do not arise in view of reply at (a) &( b) above.